Can A Carpenter Afford Rent in Lebanon, IN?
Stretched but workable — rent takes 38% of gross income.
Lebanon 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 Lebanon, which improves the affordability math on a carpenter salary:
Compare with full rent data for Lebanon
View full rent data for Lebanon, IN →Frequently asked questions
Can a carpenter afford rent in Lebanon, IN?
Median rent in Lebanon is $1,775 a month. A typical carpenter in Indiana earns about $56,065 a year, which makes that rent 38% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a carpenter afford in Lebanon?
Using the 30% rule, a carpenter salary in Indiana (~$56,065/yr) supports up to $1,402 a month in rent. Lebanon's current median rent is $1,775/mo, which is $373/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Lebanon?
At an hourly equivalent of about $27 an hour, a carpenter in Indiana works roughly 65.9 hours a month to cover Lebanon's median rent of $1,775.
Where is rent cheaper than Lebanon for a carpenter?
Nearby Indiana cities with lower median rent include Plainfield ($1,774/mo), Zionsville ($1,770/mo), Fishers ($1,769/mo). Each shifts the affordability math materially on a carpenter salary.