Can A Pharmacist Afford Rent in Farragut, TN?

Comfortably affordable — rent takes 19.9% of gross income.

Farragut rent: June 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).

Farragut median rent
$2,026/mo
Pharmacist salary (Tennessee)
$122,130/yr
Rent as % of income
19.9%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Farragut's median rent of $2,026 leaves roughly $1,027/mo of headroom under that threshold. A pharmacist works roughly 34.5 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 Tennessee cities have lower median rent than Farragut, which improves the affordability math on a pharmacist salary:

Franklin, TN
$2,025/mo (19.9% of income)
Collierville, TN
$2,021/mo (19.9% of income)
La Vergne, TN
$2,019/mo (19.8% of income)

Compare with full rent data for Farragut

View full rent data for Farragut, TN

Frequently asked questions

Can a pharmacist afford rent in Farragut, TN?

Median rent in Farragut is $2,026 a month. A typical pharmacist in Tennessee earns about $122,130 a year, which makes that rent 19.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Farragut?

Using the 30% rule, a pharmacist salary in Tennessee (~$122,130/yr) supports up to $3,053 a month in rent. Farragut's current median rent is $2,026/mo, which leaves a $1,027/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Tennessee works roughly 34.5 hours a month to cover Farragut's median rent of $2,026.

Where is rent cheaper than Farragut for a pharmacist?

Nearby Tennessee cities with lower median rent include Franklin ($2,025/mo), Collierville ($2,021/mo), La Vergne ($2,019/mo). Each shifts the affordability math materially on a pharmacist salary.

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