Can A Pharmacist Afford Rent in Forest Lake, MN?

Comfortably affordable — rent takes 14.1% of gross income.

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

Forest Lake median rent
$1,625/mo
Pharmacist salary (Minnesota)
$138,060/yr
Rent as % of income
14.1%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Forest Lake's median rent of $1,625 leaves roughly $1,827/mo of headroom under that threshold. A pharmacist works roughly 24.5 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 Forest Lake, which improves the affordability math on a pharmacist salary:

Oakdale, MN
$1,624/mo (14.1% of income)
Crystal, MN
$1,624/mo (14.1% of income)
Brooklyn Park, MN
$1,623/mo (14.1% of income)

Compare with full rent data for Forest Lake

View full rent data for Forest Lake, MN

Frequently asked questions

Can a pharmacist afford rent in Forest Lake, MN?

Median rent in Forest Lake is $1,625 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 14.1% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Forest Lake?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Forest Lake's current median rent is $1,625/mo, which leaves a $1,827/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 24.5 hours a month to cover Forest Lake's median rent of $1,625.

Where is rent cheaper than Forest Lake for a pharmacist?

Nearby Minnesota cities with lower median rent include Oakdale ($1,624/mo), Crystal ($1,624/mo), Brooklyn Park ($1,623/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 Forest Lake, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.