Can A HVAC Technician Afford Rent in Richmond, IN?
Comfortably affordable — rent takes 19.8% of gross income.
Richmond rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).
About rent and a hvac technician salary
HVAC technician pay sits near the US median household income and rises sharply with certification and overtime. At the national-average HVAC salary, the 30% rule supports about $1,433 a month in rent.
Cheaper rent nearby
These Indiana cities have lower median rent than Richmond, which improves the affordability math on a hvac technician salary:
Compare with full rent data for Richmond
View full rent data for Richmond, IN →Frequently asked questions
Can a hvac technician afford rent in Richmond, IN?
Median rent in Richmond is $870 a month. A typical hvac technician in Indiana earns about $52,716 a year, which makes that rent 19.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a hvac technician afford in Richmond?
Using the 30% rule, a hvac technician salary in Indiana (~$52,716/yr) supports up to $1,318 a month in rent. Richmond's current median rent is $870/mo, which leaves a $448/mo buffer.
How many hours does a hvac technician work to cover rent in Richmond?
At an hourly equivalent of about $25 an hour, a hvac technician in Indiana works roughly 34.3 hours a month to cover Richmond's median rent of $870.
Where is rent cheaper than Richmond for a hvac technician?
Nearby Indiana cities with lower median rent include New Castle ($866/mo), Gary ($865/mo), Marion ($860/mo). Each shifts the affordability math materially on a hvac technician salary.