Can A Carpenter Afford Rent in Lafayette, IN?
Comfortably affordable — rent takes 26.4% of gross income.
Lafayette rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These Indiana cities have lower median rent than Lafayette, which improves the affordability math on a carpenter salary:
Compare with full rent data for Lafayette
View full rent data for Lafayette, IN →Frequently asked questions
Can a carpenter afford rent in Lafayette, IN?
Median rent in Lafayette is $1,234 a month. A typical carpenter in Indiana earns about $56,065 a year, which makes that rent 26.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Lafayette?
Using the 30% rule, a carpenter salary in Indiana (~$56,065/yr) supports up to $1,402 a month in rent. Lafayette's current median rent is $1,234/mo, which leaves a $168/mo buffer.
How many hours does a carpenter work to cover rent in Lafayette?
At an hourly equivalent of about $27 an hour, a carpenter in Indiana works roughly 45.8 hours a month to cover Lafayette's median rent of $1,234.
Where is rent cheaper than Lafayette for a carpenter?
Nearby Indiana cities with lower median rent include La Porte ($1,233/mo), Gary ($1,232/mo), Fort Wayne ($1,232/mo). Each shifts the affordability math materially on a carpenter salary.