Can A Licensed Practical Nurse Afford Rent in Richmond, IN?

Comfortably affordable — rent takes 18.6% of gross income.

Richmond rent: July 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Richmond median rent
$865/mo
Licensed Practical Nurse salary (Indiana)
$55,927/yr
Rent as % of income
18.6%
Gross monthly income works out to about $4,661, and the 30% rule supports up to $1,398/mo in rent. Richmond's median rent of $865 leaves roughly $533/mo of headroom under that threshold. A licensed practical nurse works roughly 32.2 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 Richmond, which improves the affordability math on a licensed practical nurse salary:

Marion, IN
$860/mo (18.5% of income)
Marion, IN
$860/mo (18.5% of income)
New Castle, IN
$857/mo (18.4% of income)

Compare with full rent data for Richmond

View full rent data for Richmond, IN

Frequently asked questions

Can a licensed practical nurse afford rent in Richmond, IN?

Median rent in Richmond is $865 a month. A typical licensed practical nurse in Indiana earns about $55,927 a year, which makes that rent 18.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a licensed practical nurse afford in Richmond?

Using the 30% rule, a licensed practical nurse salary in Indiana (~$55,927/yr) supports up to $1,398 a month in rent. Richmond's current median rent is $865/mo, which leaves a $533/mo buffer.

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

At an hourly equivalent of about $27 an hour, a licensed practical nurse in Indiana works roughly 32.2 hours a month to cover Richmond's median rent of $865.

Where is rent cheaper than Richmond for a licensed practical nurse?

Nearby Indiana cities with lower median rent include Marion ($860/mo), Marion ($860/mo), New Castle ($857/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 Richmond, IN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.