Can A Pharmacist Afford Rent in Waltham, MA?
Comfortably affordable — rent takes 22.8% of gross income.
Waltham rent: September 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).
About rent and a pharmacist salary
Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.
Cheaper rent nearby
These Massachusetts cities have lower median rent than Waltham, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Waltham
View full rent data for Waltham, MA →Frequently asked questions
Can a pharmacist afford rent in Waltham, MA?
Median rent in Waltham is $2,930 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 22.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Waltham?
Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Waltham's current median rent is $2,930/mo, which leaves a $920/mo buffer.
How many hours does a pharmacist work to cover rent in Waltham?
At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 39.6 hours a month to cover Waltham's median rent of $2,930.
Where is rent cheaper than Waltham for a pharmacist?
Nearby Massachusetts cities with lower median rent include Malden ($2,929/mo), Canton ($2,929/mo), Stoneham ($2,928/mo). Each shifts the affordability math materially on a pharmacist salary.