Can A Pharmacist Afford Rent in Austin, MN?

Comfortably affordable — rent takes 8.2% of gross income.

Austin rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Austin median rent
$947/mo
Pharmacist salary (Minnesota)
$138,060/yr
Rent as % of income
8.2%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Austin's median rent of $947 leaves roughly $2,505/mo of headroom under that threshold. A pharmacist works roughly 14.3 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 Minnesota cities have lower median rent than Austin, which improves the affordability math on a pharmacist salary:

Albert Lea, MN
$923/mo (8% of income)
Saint Cloud, MN
$905/mo (7.9% of income)
Saint Cloud, MN
$872/mo (7.6% of income)

Compare with full rent data for Austin

View full rent data for Austin, MN

Frequently asked questions

Can a pharmacist afford rent in Austin, MN?

Median rent in Austin is $947 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 8.2% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Austin?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Austin's current median rent is $947/mo, which leaves a $2,505/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 14.3 hours a month to cover Austin's median rent of $947.

Where is rent cheaper than Austin for a pharmacist?

Nearby Minnesota cities with lower median rent include Albert Lea ($923/mo), Saint Cloud ($905/mo), Saint Cloud ($872/mo). Each shifts the affordability math materially on a pharmacist salary.

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