Can A Pharmacist Afford Rent in Franklin, TN?

Comfortably affordable — rent takes 20.8% of gross income.

Franklin rent: July 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).

Franklin median rent
$2,122/mo
Pharmacist salary (Tennessee)
$122,130/yr
Rent as % of income
20.8%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Franklin's median rent of $2,122 leaves roughly $931/mo of headroom under that threshold. A pharmacist works roughly 36.1 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 Tennessee cities have lower median rent than Franklin, which improves the affordability math on a pharmacist salary:

Mount Juliet, TN
$2,107/mo (20.7% of income)
Ooltewah, TN
$2,100/mo (20.6% of income)
Mount Juliet, TN
$2,095/mo (20.6% of income)

Compare with full rent data for Franklin

View full rent data for Franklin, TN

Frequently asked questions

Can a pharmacist afford rent in Franklin, TN?

Median rent in Franklin is $2,122 a month. A typical pharmacist in Tennessee earns about $122,130 a year, which makes that rent 20.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Franklin?

Using the 30% rule, a pharmacist salary in Tennessee (~$122,130/yr) supports up to $3,053 a month in rent. Franklin's current median rent is $2,122/mo, which leaves a $931/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Tennessee works roughly 36.1 hours a month to cover Franklin's median rent of $2,122.

Where is rent cheaper than Franklin for a pharmacist?

Nearby Tennessee cities with lower median rent include Mount Juliet ($2,107/mo), Ooltewah ($2,100/mo), Mount Juliet ($2,095/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 Franklin, TN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.