Can A Pharmacist Afford Rent in Federal Way, WA?

Comfortably affordable — rent takes 15.5% of gross income.

Federal Way rent: July 2026. Salary: BLS OEWS May 2024 (Washington state estimate).

Federal Way median rent
$1,920/mo
Pharmacist salary (Washington)
$148,680/yr
Rent as % of income
15.5%
Gross monthly income works out to about $12,390, and the 30% rule supports up to $3,717/mo in rent. Federal Way's median rent of $1,920 leaves roughly $1,797/mo of headroom under that threshold. A pharmacist works roughly 26.9 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 Washington cities have lower median rent than Federal Way, which improves the affordability math on a pharmacist salary:

Port Orchard, WA
$1,919/mo (15.5% of income)
Bainbridge Island, WA
$1,918/mo (15.5% of income)
Everett, WA
$1,918/mo (15.5% of income)

Compare with full rent data for Federal Way

View full rent data for Federal Way, WA

Frequently asked questions

Can a pharmacist afford rent in Federal Way, WA?

Median rent in Federal Way is $1,920 a month. A typical pharmacist in Washington earns about $148,680 a year, which makes that rent 15.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Federal Way?

Using the 30% rule, a pharmacist salary in Washington (~$148,680/yr) supports up to $3,717 a month in rent. Federal Way's current median rent is $1,920/mo, which leaves a $1,797/mo buffer.

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

At an hourly equivalent of about $71 an hour, a pharmacist in Washington works roughly 26.9 hours a month to cover Federal Way's median rent of $1,920.

Where is rent cheaper than Federal Way for a pharmacist?

Nearby Washington cities with lower median rent include Port Orchard ($1,919/mo), Bainbridge Island ($1,918/mo), Everett ($1,918/mo). Each shifts the affordability math materially on a pharmacist salary.

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