Indiana vs Florida: Rent Comparison 2026
Side-by-side comparison of fair market rents, income, and tenant protections between Indiana and Florida.
Indiana is 26% cheaper for a 2-bedroom rental than Florida, saving renters approximately $307/mo ($3,684/year).
| Metric | Indiana | Florida |
|---|---|---|
| Average 1BR Rent | $699/mo | $938/mo |
| Average 2BR Rent | $891/mo | $1,198/mo |
| Median Income | $54,260 | $66,543 |
| Renter % | 36.1% | 38.9% |
| Tenant Rights | 3/10 | 4/10 |
Rent Burden Comparison
Indiana
2BR Rent: $891/mo of $54,260/yr income
19.7% of income
Florida
2BR Rent: $1,198/mo of $66,543/yr income
21.6% of income
Frequently Asked Questions
Is Indiana or Florida cheaper to rent in?
Indiana has lower average rents. A 2-bedroom averages $891/mo, which is $307 less per month than Florida (26% cheaper).
Which state has better tenant protections, Indiana or Florida?
Florida has stronger tenant rights with a score of 4/10 compared to 3/10.
What is the income difference between Indiana and Florida?
Indiana median income: $54,260. Florida median income: $66,543. Difference: $12,283/year.