Can A Pharmacist Afford Rent in Collierville, TN?
Comfortably affordable — rent takes 19.2% of gross income.
Collierville rent: June 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).
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 Tennessee cities have lower median rent than Collierville, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Collierville
View full rent data for Collierville, TN →Frequently asked questions
Can a pharmacist afford rent in Collierville, TN?
Median rent in Collierville is $1,956 a month. A typical pharmacist in Tennessee earns about $122,130 a year, which makes that rent 19.2% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Collierville?
Using the 30% rule, a pharmacist salary in Tennessee (~$122,130/yr) supports up to $3,053 a month in rent. Collierville's current median rent is $1,956/mo, which leaves a $1,097/mo buffer.
How many hours does a pharmacist work to cover rent in Collierville?
At an hourly equivalent of about $59 an hour, a pharmacist in Tennessee works roughly 33.3 hours a month to cover Collierville's median rent of $1,956.
Where is rent cheaper than Collierville for a pharmacist?
Nearby Tennessee cities with lower median rent include Farragut ($1,955/mo), Maryville ($1,955/mo), Powell ($1,954/mo). Each shifts the affordability math materially on a pharmacist salary.