Can A Retail Salesperson Afford Rent in Richmond, IN?
Stretched but workable — rent takes 30.6% of gross income.
Richmond rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).
About rent and a retail salesperson salary
Retail pay sits below the rent threshold needed for solo apartment living in most US metros, which is the central tension behind the widely studied retail-housing affordability gap. At the national-average retail salary, the 30% rule supports about $927 a month in rent — below the median one-bedroom rent in nearly every metro tracked here. The per-city pages show which markets are least out of reach.
Cheaper rent nearby
These Indiana cities have lower median rent than Richmond, which improves the affordability math on a retail salesperson salary:
Compare with full rent data for Richmond
View full rent data for Richmond, IN →Frequently asked questions
Can a retail salesperson afford rent in Richmond, IN?
Median rent in Richmond is $870 a month. A typical retail salesperson in Indiana earns about $34,104 a year, which makes that rent 30.6% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a retail salesperson afford in Richmond?
Using the 30% rule, a retail salesperson salary in Indiana (~$34,104/yr) supports up to $853 a month in rent. Richmond's current median rent is $870/mo, which is $17/mo over the affordability threshold.
How many hours does a retail salesperson work to cover rent in Richmond?
At an hourly equivalent of about $16 an hour, a retail salesperson in Indiana works roughly 53.1 hours a month to cover Richmond's median rent of $870.
Where is rent cheaper than Richmond for a retail salesperson?
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 retail salesperson salary.