Can A Pharmacist Afford Rent in Southaven, MS?

Comfortably affordable — rent takes 17.2% of gross income.

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

Southaven median rent
$1,540/mo
Pharmacist salary (Mississippi)
$107,528/yr
Rent as % of income
17.2%
Gross monthly income works out to about $8,961, and the 30% rule supports up to $2,688/mo in rent. Southaven's median rent of $1,540 leaves roughly $1,148/mo of headroom under that threshold. A pharmacist works roughly 29.8 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 Southaven, which improves the affordability math on a pharmacist salary:

Diberville, MS
$1,538/mo (17.2% of income)
Horn Lake, MS
$1,533/mo (17.1% of income)
Horn Lake, MS
$1,533/mo (17.1% of income)

Compare with full rent data for Southaven

View full rent data for Southaven, MS

Frequently asked questions

Can a pharmacist afford rent in Southaven, MS?

Median rent in Southaven is $1,540 a month. A typical pharmacist in Mississippi earns about $107,528 a year, which makes that rent 17.2% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Southaven?

Using the 30% rule, a pharmacist salary in Mississippi (~$107,528/yr) supports up to $2,688 a month in rent. Southaven's current median rent is $1,540/mo, which leaves a $1,148/mo buffer.

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

At an hourly equivalent of about $52 an hour, a pharmacist in Mississippi works roughly 29.8 hours a month to cover Southaven's median rent of $1,540.

Where is rent cheaper than Southaven for a pharmacist?

Nearby Mississippi cities with lower median rent include Diberville ($1,538/mo), Horn Lake ($1,533/mo), Horn Lake ($1,533/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 Southaven, MS. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.