Can A Pharmacist Afford Rent in Wayzata, MN?

Comfortably affordable — rent takes 16.1% of gross income.

Wayzata rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Wayzata median rent
$1,856/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. Wayzata's median rent of $1,856 leaves roughly $1,596/mo of headroom under that threshold. A pharmacist works roughly 28 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 Wayzata, which improves the affordability math on a pharmacist salary:

Ramsey, MN
$1,855/mo (16.1% of income)
Saint Louis Park, MN
$1,855/mo (16.1% of income)
Minnetonka, MN
$1,854/mo (16.1% of income)

Compare with full rent data for Wayzata

View full rent data for Wayzata, MN

Frequently asked questions

Can a pharmacist afford rent in Wayzata, MN?

Median rent in Wayzata is $1,856 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 Wayzata?

Using the 30% rule, a pharmacist salary in Minnesota (~$138,060/yr) supports up to $3,452 a month in rent. Wayzata's current median rent is $1,856/mo, which leaves a $1,596/mo buffer.

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

At an hourly equivalent of about $66 an hour, a pharmacist in Minnesota works roughly 28 hours a month to cover Wayzata's median rent of $1,856.

Where is rent cheaper than Wayzata for a pharmacist?

Nearby Minnesota cities with lower median rent include Ramsey ($1,855/mo), Saint Louis Park ($1,855/mo), Minnetonka ($1,854/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 Wayzata, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.