Can A Bus Driver Afford Rent in New Albany, IN?
Comfortably affordable — rent takes 29.5% of gross income.
New Albany rent: July 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 New Albany, which improves the affordability math on a bus driver salary:
Compare with full rent data for New Albany
View full rent data for New Albany, IN →Frequently asked questions
Can a bus driver afford rent in New Albany, IN?
Median rent in New Albany is $1,171 a month. A typical bus driver in Indiana earns about $47,674 a year, which makes that rent 29.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a bus driver afford in New Albany?
Using the 30% rule, a bus driver salary in Indiana (~$47,674/yr) supports up to $1,192 a month in rent. New Albany's current median rent is $1,171/mo, which leaves a $21/mo buffer.
How many hours does a bus driver work to cover rent in New Albany?
At an hourly equivalent of about $23 an hour, a bus driver in Indiana works roughly 51.1 hours a month to cover New Albany's median rent of $1,171.
Where is rent cheaper than New Albany for a bus driver?
Nearby Indiana cities with lower median rent include Lafayette ($1,169/mo), Beech Grove ($1,169/mo), Elkhart ($1,166/mo). Each shifts the affordability math materially on a bus driver salary.