Can A Bus Driver Afford Rent in McCordsville, IN?

Rent-burdened — rent takes 54.9% of gross income.

McCordsville rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

McCordsville median rent
$2,180/mo
Bus Driver salary (Indiana)
$47,674/yr
Rent as % of income
54.9%
Gross monthly income works out to about $3,973, and the 30% rule supports up to $1,192/mo in rent. McCordsville's median rent of $2,180 exceeds that threshold by $988/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 95.1 hours a month to cover that rent.

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 McCordsville, which improves the affordability math on a bus driver salary:

Pendleton, IN
$2,168/mo (54.6% of income)
Whitestown, IN
$2,117/mo (53.3% of income)
Pendleton, IN
$2,068/mo (52.1% of income)

Compare with full rent data for McCordsville

View full rent data for McCordsville, IN

Frequently asked questions

Can a bus driver afford rent in McCordsville, IN?

Median rent in McCordsville is $2,180 a month. A typical bus driver in Indiana earns about $47,674 a year, which makes that rent 54.9% 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 McCordsville?

Using the 30% rule, a bus driver salary in Indiana (~$47,674/yr) supports up to $1,192 a month in rent. McCordsville's current median rent is $2,180/mo, which is $988/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in McCordsville?

At an hourly equivalent of about $23 an hour, a bus driver in Indiana works roughly 95.1 hours a month to cover McCordsville's median rent of $2,180.

Where is rent cheaper than McCordsville for a bus driver?

Nearby Indiana cities with lower median rent include Pendleton ($2,168/mo), Whitestown ($2,117/mo), Pendleton ($2,068/mo). Each shifts the affordability math materially on a bus driver salary.

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