Can A Pharmacist Afford Rent in Olney, MD?
Comfortably affordable — rent takes 23.5% of gross income.
Olney rent: June 2026. Salary: BLS OEWS May 2024 (Maryland 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 Maryland cities have lower median rent than Olney, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Olney
View full rent data for Olney, MD →Frequently asked questions
Can a pharmacist afford rent in Olney, MD?
Median rent in Olney is $2,803 a month. A typical pharmacist in Maryland earns about $143,370 a year, which makes that rent 23.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Olney?
Using the 30% rule, a pharmacist salary in Maryland (~$143,370/yr) supports up to $3,584 a month in rent. Olney's current median rent is $2,803/mo, which leaves a $781/mo buffer.
How many hours does a pharmacist work to cover rent in Olney?
At an hourly equivalent of about $69 an hour, a pharmacist in Maryland works roughly 40.7 hours a month to cover Olney's median rent of $2,803.
Where is rent cheaper than Olney for a pharmacist?
Nearby Maryland cities with lower median rent include Derwood ($2,797/mo), Derwood ($2,788/mo), Chevy Chase ($2,788/mo). Each shifts the affordability math materially on a pharmacist salary.