Can A Pharmacist Afford Rent in Albany, NY?

Comfortably affordable — rent takes 12.8% of gross income.

Albany rent: June 2026. Salary: BLS OEWS May 2024 (New York state estimate).

Albany median rent
$1,611/mo
Pharmacist salary (New York)
$151,335/yr
Rent as % of income
12.8%
Gross monthly income works out to about $12,611, and the 30% rule supports up to $3,783/mo in rent. Albany's median rent of $1,611 leaves roughly $2,172/mo of headroom under that threshold. A pharmacist works roughly 22.1 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 York cities have lower median rent than Albany, which improves the affordability math on a pharmacist salary:

Syracuse, NY
$1,609/mo (12.8% of income)
Canandaigua, NY
$1,605/mo (12.7% of income)
Syracuse, NY
$1,605/mo (12.7% of income)

Compare with full rent data for Albany

View full rent data for Albany, NY

Frequently asked questions

Can a pharmacist afford rent in Albany, NY?

Median rent in Albany is $1,611 a month. A typical pharmacist in New York earns about $151,335 a year, which makes that rent 12.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Albany?

Using the 30% rule, a pharmacist salary in New York (~$151,335/yr) supports up to $3,783 a month in rent. Albany's current median rent is $1,611/mo, which leaves a $2,172/mo buffer.

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

At an hourly equivalent of about $73 an hour, a pharmacist in New York works roughly 22.1 hours a month to cover Albany's median rent of $1,611.

Where is rent cheaper than Albany for a pharmacist?

Nearby New York cities with lower median rent include Syracuse ($1,609/mo), Canandaigua ($1,605/mo), Syracuse ($1,605/mo). Each shifts the affordability math materially on a pharmacist salary.

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