Can A Pharmacist Afford Rent in Minneapolis, MN?
Comfortably affordable — rent takes 14.7% of gross income.
Minneapolis rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota 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 Minnesota cities have lower median rent than Minneapolis, which improves the affordability math on a pharmacist salary:
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 $1,686 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 14.7% 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 $1,686/mo, which leaves a $1,766/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 25.4 hours a month to cover Minneapolis's median rent of $1,686.
Where is rent cheaper than Minneapolis for a pharmacist?
Nearby Minnesota cities with lower median rent include Saint Louis Park ($1,684/mo), Bloomington ($1,684/mo), White Bear Lake ($1,683/mo). Each shifts the affordability math materially on a pharmacist salary.