Can A Pharmacist Afford Rent in Montclair, NJ?

Comfortably affordable — rent takes 24.2% of gross income.

Montclair rent: July 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).

Montclair median rent
$2,997/mo
Pharmacist salary (New Jersey)
$148,680/yr
Rent as % of income
24.2%
Gross monthly income works out to about $12,390, and the 30% rule supports up to $3,717/mo in rent. Montclair's median rent of $2,997 leaves roughly $720/mo of headroom under that threshold. A pharmacist works roughly 41.9 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 New Jersey cities have lower median rent than Montclair, which improves the affordability math on a pharmacist salary:

Bridgewater Township, NJ
$2,994/mo (24.2% of income)
Fort Lee, NJ
$2,991/mo (24.1% of income)
Belmar, NJ
$2,988/mo (24.1% of income)

Compare with full rent data for Montclair

View full rent data for Montclair, NJ

Frequently asked questions

Can a pharmacist afford rent in Montclair, NJ?

Median rent in Montclair is $2,997 a month. A typical pharmacist in New Jersey earns about $148,680 a year, which makes that rent 24.2% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Montclair?

Using the 30% rule, a pharmacist salary in New Jersey (~$148,680/yr) supports up to $3,717 a month in rent. Montclair's current median rent is $2,997/mo, which leaves a $720/mo buffer.

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

At an hourly equivalent of about $71 an hour, a pharmacist in New Jersey works roughly 41.9 hours a month to cover Montclair's median rent of $2,997.

Where is rent cheaper than Montclair for a pharmacist?

Nearby New Jersey cities with lower median rent include Bridgewater Township ($2,994/mo), Fort Lee ($2,991/mo), Belmar ($2,988/mo). Each shifts the affordability math materially on a pharmacist salary.

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