Can A Pharmacist Afford Rent in Madison, MS?

Comfortably affordable — rent takes 27% of gross income.

Madison rent: June 2026. Salary: BLS OEWS May 2024 (Mississippi state estimate).

Madison median rent
$2,422/mo
Pharmacist salary (Mississippi)
$107,528/yr
Rent as % of income
27%
Gross monthly income works out to about $8,961, and the 30% rule supports up to $2,688/mo in rent. Madison's median rent of $2,422 leaves roughly $266/mo of headroom under that threshold. A pharmacist works roughly 46.9 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 Mississippi cities have lower median rent than Madison, which improves the affordability math on a pharmacist salary:

Oxford, MS
$2,376/mo (26.5% of income)
Oxford, MS
$2,304/mo (25.7% of income)
Hernando, MS
$2,261/mo (25.2% of income)

Compare with full rent data for Madison

View full rent data for Madison, MS

Frequently asked questions

Can a pharmacist afford rent in Madison, MS?

Median rent in Madison is $2,422 a month. A typical pharmacist in Mississippi earns about $107,528 a year, which makes that rent 27% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Madison?

Using the 30% rule, a pharmacist salary in Mississippi (~$107,528/yr) supports up to $2,688 a month in rent. Madison's current median rent is $2,422/mo, which leaves a $266/mo buffer.

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

At an hourly equivalent of about $52 an hour, a pharmacist in Mississippi works roughly 46.9 hours a month to cover Madison's median rent of $2,422.

Where is rent cheaper than Madison for a pharmacist?

Nearby Mississippi cities with lower median rent include Oxford ($2,376/mo), Oxford ($2,304/mo), Hernando ($2,261/mo). Each shifts the affordability math materially on a pharmacist salary.

Methodology: Salary uses the BLS-derived Mississippi state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Madison, MS. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.