Indiana: Minimum Wage Needed for Rent

#40 Indiana

In Indiana, the Fair Market Rent (FMR) for a two-bedroom apartment is $789. In order to afford this level of rent and utilities — without paying more than 30% of income on housing — a household must earn $2,629 monthly or $31,550 annually. Assuming a 40-hour work week, 52 weeks per year, this level of income translates into
an hourly Housing Wage of: $15.17

Out of Reach 2017, National Low Housing Coalition (NLIHC)

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