Can A Paramedic Afford Rent in New Castle, IN?

Comfortably affordable — rent takes 18.5% of gross income.

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

New Castle median rent
$756/mo
Paramedic salary (Indiana)
$48,926/yr
Rent as % of income
18.5%
Gross monthly income works out to about $4,077, and the 30% rule supports up to $1,223/mo in rent. New Castle's median rent of $756 leaves roughly $467/mo of headroom under that threshold. A paramedic works roughly 32.1 hours a month to cover that rent.

About rent and a paramedic salary

Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.

Cheaper rent nearby

These Indiana cities have lower median rent than New Castle, which improves the affordability math on a paramedic salary:

Frankfort, IN
$752/mo (18.4% of income)
Marion, IN
$731/mo (17.9% of income)
Anderson, IN
$724/mo (17.8% of income)

Compare with full rent data for New Castle

View full rent data for New Castle, IN

Frequently asked questions

Can a paramedic afford rent in New Castle, IN?

Median rent in New Castle is $756 a month. A typical paramedic in Indiana earns about $48,926 a year, which makes that rent 18.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a paramedic afford in New Castle?

Using the 30% rule, a paramedic salary in Indiana (~$48,926/yr) supports up to $1,223 a month in rent. New Castle's current median rent is $756/mo, which leaves a $467/mo buffer.

How many hours does a paramedic work to cover rent in New Castle?

At an hourly equivalent of about $24 an hour, a paramedic in Indiana works roughly 32.1 hours a month to cover New Castle's median rent of $756.

Where is rent cheaper than New Castle for a paramedic?

Nearby Indiana cities with lower median rent include Frankfort ($752/mo), Marion ($731/mo), Anderson ($724/mo). Each shifts the affordability math materially on a paramedic salary.

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