Can A Pharmacist Afford Rent in Saint Louis Park, MN?

Comfortably affordable — rent takes 16.1% of gross income.

Saint Louis Park rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Saint Louis Park median rent
$1,855/mo
Pharmacist salary (Minnesota)
$138,060/yr
Rent as % of income
16.1%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Saint Louis Park's median rent of $1,855 leaves roughly $1,597/mo of headroom under that threshold. A pharmacist works roughly 27.9 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 Saint Louis Park, which improves the affordability math on a pharmacist salary:

Minnetonka, MN
$1,854/mo (16.1% of income)
Cottage Grove, MN
$1,852/mo (16.1% of income)
Golden Valley, MN
$1,851/mo (16.1% of income)

Compare with full rent data for Saint Louis Park

View full rent data for Saint Louis Park, MN

Frequently asked questions

Can a pharmacist afford rent in Saint Louis Park, MN?

Median rent in Saint Louis Park is $1,855 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 16.1% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Saint Louis Park?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Saint Louis Park's current median rent is $1,855/mo, which leaves a $1,597/mo buffer.

How many hours does a pharmacist work to cover rent in Saint Louis Park?

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 27.9 hours a month to cover Saint Louis Park's median rent of $1,855.

Where is rent cheaper than Saint Louis Park for a pharmacist?

Nearby Minnesota cities with lower median rent include Minnetonka ($1,854/mo), Cottage Grove ($1,852/mo), Golden Valley ($1,851/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 Saint Louis Park, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.