Can A Bus Driver Afford Rent in Franklin, IN?
Rent-burdened — rent takes 42.5% of gross income.
Franklin rent: September 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).
About rent and a bus driver salary
Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.
Cheaper rent nearby
These Indiana cities have lower median rent than Franklin, which improves the affordability math on a bus driver salary:
Compare with full rent data for Franklin
View full rent data for Franklin, IN →Frequently asked questions
Can a bus driver afford rent in Franklin, IN?
Median rent in Franklin is $1,687 a month. A typical bus driver in Indiana earns about $47,674 a year, which makes that rent 42.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a bus driver afford in Franklin?
Using the 30% rule, a bus driver salary in Indiana (~$47,674/yr) supports up to $1,192 a month in rent. Franklin's current median rent is $1,687/mo, which is $495/mo over the affordability threshold.
How many hours does a bus driver work to cover rent in Franklin?
At an hourly equivalent of about $23 an hour, a bus driver in Indiana works roughly 73.6 hours a month to cover Franklin's median rent of $1,687.
Where is rent cheaper than Franklin for a bus driver?
Nearby Indiana cities with lower median rent include Granger ($1,680/mo), Plainfield ($1,679/mo), Granger ($1,678/mo). Each shifts the affordability math materially on a bus driver salary.