Can A Pharmacist Afford Rent in Portland, ME?

Comfortably affordable — rent takes 23.6% of gross income.

Portland rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Portland median rent
$2,429/mo
Pharmacist salary (Maine)
$123,458/yr
Rent as % of income
23.6%
Gross monthly income works out to about $10,288, and the 30% rule supports up to $3,086/mo in rent. Portland's median rent of $2,429 leaves roughly $657/mo of headroom under that threshold. A pharmacist works roughly 40.9 hours a month to cover that rent.

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 Portland, which improves the affordability math on a pharmacist salary:

Yarmouth, ME
$2,421/mo (23.5% of income)
South Portland, ME
$2,412/mo (23.4% of income)
Kittery, ME
$2,397/mo (23.3% of income)

Compare with full rent data for Portland

View full rent data for Portland, ME

Frequently asked questions

Can a pharmacist afford rent in Portland, ME?

Median rent in Portland is $2,429 a month. A typical pharmacist in Maine earns about $123,458 a year, which makes that rent 23.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Portland?

Using the 30% rule, a pharmacist salary in Maine (~$123,458/yr) supports up to $3,086 a month in rent. Portland's current median rent is $2,429/mo, which leaves a $657/mo buffer.

How many hours does a pharmacist work to cover rent in Portland?

At an hourly equivalent of about $59 an hour, a pharmacist in Maine works roughly 40.9 hours a month to cover Portland's median rent of $2,429.

Where is rent cheaper than Portland for a pharmacist?

Nearby Maine cities with lower median rent include Yarmouth ($2,421/mo), South Portland ($2,412/mo), Kittery ($2,397/mo). Each shifts the affordability math materially on a pharmacist salary.

Methodology: Salary uses the BLS-derived Maine state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Portland, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.