Can A Pharmacist Afford Rent in Minneapolis, MN?

Comfortably affordable — rent takes 15.2% of gross income.

Minneapolis rent: September 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Minneapolis median rent
$1,747/mo
Pharmacist salary (Minnesota)
$138,060/yr
Rent as % of income
15.2%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Minneapolis's median rent of $1,747 leaves roughly $1,705/mo of headroom under that threshold. A pharmacist works roughly 26.3 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 Minneapolis, which improves the affordability math on a pharmacist salary:

Chaska, MN
$1,746/mo (15.2% of income)
Cottage Grove, MN
$1,746/mo (15.2% of income)
Shakopee, MN
$1,746/mo (15.2% of income)

Compare with full rent data for Minneapolis

View full rent data for Minneapolis, MN →

Frequently asked questions

Can a pharmacist afford rent in Minneapolis, MN?

Median rent in Minneapolis is $1,747 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 15.2% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Minneapolis?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Minneapolis's current median rent is $1,747/mo, which leaves a $1,705/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 26.3 hours a month to cover Minneapolis's median rent of $1,747.

Where is rent cheaper than Minneapolis for a pharmacist?

Nearby Minnesota cities with lower median rent include Chaska ($1,746/mo), Cottage Grove ($1,746/mo), Shakopee ($1,746/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 Minneapolis, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.