Can A Pharmacist Afford Rent in Waterville, ME?
Comfortably affordable — rent takes 12.6% of gross income.
Waterville 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 Waterville, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Waterville
View full rent data for Waterville, ME →Frequently asked questions
Can a pharmacist afford rent in Waterville, ME?
Median rent in Waterville is $1,295 a month. A typical pharmacist in Maine earns about $123,458 a year, which makes that rent 12.6% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Waterville?
Using the 30% rule, a pharmacist salary in Maine (~$123,458/yr) supports up to $3,086 a month in rent. Waterville's current median rent is $1,295/mo, which leaves a $1,791/mo buffer.
How many hours does a pharmacist work to cover rent in Waterville?
At an hourly equivalent of about $59 an hour, a pharmacist in Maine works roughly 21.8 hours a month to cover Waterville's median rent of $1,295.
Where is rent cheaper than Waterville for a pharmacist?
Nearby Maine cities with lower median rent include Presque Isle ($1,150/mo), Presque Isle ($1,150/mo), Bangor ($1,081/mo). Each shifts the affordability math materially on a pharmacist salary.