Can A Pharmacist Afford Rent in Waite Park, MN?

Comfortably affordable — rent takes 10.7% of gross income.

Waite Park rent: July 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Waite Park median rent
$1,228/mo
Pharmacist salary (Minnesota)
$138,060/yr
Rent as % of income
10.7%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Waite Park's median rent of $1,228 leaves roughly $2,224/mo of headroom under that threshold. A pharmacist works roughly 18.5 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 Waite Park, which improves the affordability math on a pharmacist salary:

Burnsville, MN
$1,226/mo (10.7% of income)
Mankato, MN
$1,217/mo (10.6% of income)
Saint Cloud, MN
$1,200/mo (10.4% of income)

Compare with full rent data for Waite Park

View full rent data for Waite Park, MN

Frequently asked questions

Can a pharmacist afford rent in Waite Park, MN?

Median rent in Waite Park is $1,228 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 10.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Waite Park?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Waite Park's current median rent is $1,228/mo, which leaves a $2,224/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 18.5 hours a month to cover Waite Park's median rent of $1,228.

Where is rent cheaper than Waite Park for a pharmacist?

Nearby Minnesota cities with lower median rent include Burnsville ($1,226/mo), Mankato ($1,217/mo), Saint Cloud ($1,200/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 Waite Park, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.