Can A Pharmacist Afford Rent in Waseca, MN?

Comfortably affordable — rent takes 8.6% of gross income.

Waseca rent: January 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Waseca median rent
$990/mo
Pharmacist salary (Minnesota)
$138,060/yr
Rent as % of income
8.6%
Gross monthly income works out to about $11,505, and the 30% rule supports up to $3,452/mo in rent. Waseca's median rent of $990 leaves roughly $2,462/mo of headroom under that threshold. A pharmacist works roughly 14.9 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 Waseca, which improves the affordability math on a pharmacist salary:

Austin, MN
$988/mo (8.6% of income)
Austin, MN
$969/mo (8.4% of income)
Albert Lea, MN
$963/mo (8.4% of income)

Compare with full rent data for Waseca

View full rent data for Waseca, MN

Frequently asked questions

Can a pharmacist afford rent in Waseca, MN?

Median rent in Waseca is $990 a month. A typical pharmacist in Minnesota earns about $138,060 a year, which makes that rent 8.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Waseca?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Waseca's current median rent is $990/mo, which leaves a $2,462/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 14.9 hours a month to cover Waseca's median rent of $990.

Where is rent cheaper than Waseca for a pharmacist?

Nearby Minnesota cities with lower median rent include Austin ($988/mo), Austin ($969/mo), Albert Lea ($963/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 Waseca, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.