Can A Pharmacist Afford Rent in Newark, OH?

Comfortably affordable — rent takes 11.8% of gross income.

Newark rent: June 2026. Salary: BLS OEWS May 2024 (Ohio state estimate).

Newark median rent
$1,226/mo
Pharmacist salary (Ohio)
$124,785/yr
Rent as % of income
11.8%
Gross monthly income works out to about $10,399, and the 30% rule supports up to $3,120/mo in rent. Newark's median rent of $1,226 leaves roughly $1,894/mo of headroom under that threshold. A pharmacist works roughly 20.4 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 Ohio cities have lower median rent than Newark, which improves the affordability math on a pharmacist salary:

Euclid, OH
$1,225/mo (11.8% of income)
Mount Healthy, OH
$1,224/mo (11.8% of income)
Lancaster, OH
$1,223/mo (11.8% of income)

Compare with full rent data for Newark

View full rent data for Newark, OH

Frequently asked questions

Can a pharmacist afford rent in Newark, OH?

Median rent in Newark is $1,226 a month. A typical pharmacist in Ohio earns about $124,785 a year, which makes that rent 11.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Newark?

Using the 30% rule, a pharmacist salary in Ohio (~$124,785/yr) supports up to $3,120 a month in rent. Newark's current median rent is $1,226/mo, which leaves a $1,894/mo buffer.

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

At an hourly equivalent of about $60 an hour, a pharmacist in Ohio works roughly 20.4 hours a month to cover Newark's median rent of $1,226.

Where is rent cheaper than Newark for a pharmacist?

Nearby Ohio cities with lower median rent include Euclid ($1,225/mo), Mount Healthy ($1,224/mo), Lancaster ($1,223/mo). Each shifts the affordability math materially on a pharmacist salary.

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