Can A Pharmacist Afford Rent in Louisville, TN?

Comfortably affordable — rent takes 17.7% of gross income.

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

Louisville median rent
$1,800/mo
Pharmacist salary (Tennessee)
$122,130/yr
Rent as % of income
17.7%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Louisville's median rent of $1,800 leaves roughly $1,253/mo of headroom under that threshold. A pharmacist works roughly 30.7 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 Louisville, which improves the affordability math on a pharmacist salary:

Maryville, TN
$1,798/mo (17.7% of income)
Maryville, TN
$1,798/mo (17.7% of income)
Cordova, TN
$1,798/mo (17.7% of income)

Compare with full rent data for Louisville

View full rent data for Louisville, TN

Frequently asked questions

Can a pharmacist afford rent in Louisville, TN?

Median rent in Louisville is $1,800 a month. A typical pharmacist in Tennessee earns about $122,130 a year, which makes that rent 17.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Louisville?

Using the 30% rule, a pharmacist salary in Tennessee (~$122,130/yr) supports up to $3,053 a month in rent. Louisville's current median rent is $1,800/mo, which leaves a $1,253/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Tennessee works roughly 30.7 hours a month to cover Louisville's median rent of $1,800.

Where is rent cheaper than Louisville for a pharmacist?

Nearby Tennessee cities with lower median rent include Maryville ($1,798/mo), Maryville ($1,798/mo), Cordova ($1,798/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 Louisville, TN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.