Can A Licensed Practical Nurse Afford Rent in New Albany, IN?

Comfortably affordable — rent takes 25.8% of gross income.

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

New Albany median rent
$1,204/mo
Licensed Practical Nurse salary (Indiana)
$55,927/yr
Rent as % of income
25.8%
Gross monthly income works out to about $4,661, and the 30% rule supports up to $1,398/mo in rent. New Albany's median rent of $1,204 leaves roughly $194/mo of headroom under that threshold. A licensed practical nurse works roughly 44.8 hours a month to cover that rent.

About rent and a licensed practical nurse salary

LPN pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. At the national-average LPN salary, the 30% rule supports about $1,520 a month in rent. The per-city pages show which markets stay in range.

Cheaper rent nearby

These Indiana cities have lower median rent than New Albany, which improves the affordability math on a licensed practical nurse salary:

Noblesville, IN
$1,203/mo (25.8% of income)
Shelbyville, IN
$1,201/mo (25.8% of income)
Lafayette, IN
$1,199/mo (25.7% of income)

Compare with full rent data for New Albany

View full rent data for New Albany, IN

Frequently asked questions

Can a licensed practical nurse afford rent in New Albany, IN?

Median rent in New Albany is $1,204 a month. A typical licensed practical nurse in Indiana earns about $55,927 a year, which makes that rent 25.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a licensed practical nurse afford in New Albany?

Using the 30% rule, a licensed practical nurse salary in Indiana (~$55,927/yr) supports up to $1,398 a month in rent. New Albany's current median rent is $1,204/mo, which leaves a $194/mo buffer.

How many hours does a licensed practical nurse work to cover rent in New Albany?

At an hourly equivalent of about $27 an hour, a licensed practical nurse in Indiana works roughly 44.8 hours a month to cover New Albany's median rent of $1,204.

Where is rent cheaper than New Albany for a licensed practical nurse?

Nearby Indiana cities with lower median rent include Noblesville ($1,203/mo), Shelbyville ($1,201/mo), Lafayette ($1,199/mo). Each shifts the affordability math materially on a licensed practical nurse salary.

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