Can A Pharmacist Afford Rent in Old Town, ME?
Comfortably affordable — rent takes 17.5% of gross income.
Old Town rent: June 2026. Salary: BLS OEWS May 2024 (Maine 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 Maine cities have lower median rent than Old Town, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Old Town
View full rent data for Old Town, ME →Frequently asked questions
Can a pharmacist afford rent in Old Town, ME?
Median rent in Old Town is $1,801 a month. A typical pharmacist in Maine earns about $123,458 a year, which makes that rent 17.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Old Town?
Using the 30% rule, a pharmacist salary in Maine (~$123,458/yr) supports up to $3,086 a month in rent. Old Town's current median rent is $1,801/mo, which leaves a $1,285/mo buffer.
How many hours does a pharmacist work to cover rent in Old Town?
At an hourly equivalent of about $59 an hour, a pharmacist in Maine works roughly 30.3 hours a month to cover Old Town's median rent of $1,801.
Where is rent cheaper than Old Town for a pharmacist?
Nearby Maine cities with lower median rent include South Portland ($1,799/mo), Portland ($1,780/mo), Rockland ($1,775/mo). Each shifts the affordability math materially on a pharmacist salary.