Akron vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 11% cheaper for renters. A 2-bedroom rents for $822/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,128/year.
Rent by Unit Size
| Unit Size | Akron | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $552 | $568 | $16 |
| 1 Bedroom | $662 | $718 | $56 |
| 2 Bedrooms | $822 | $916 | $94 |
| 3 Bedrooms | $1,025 | $1,096 | $71 |
| 4 Bedrooms | $1,215 | $1,191 | $24 |
| Median Income | $43,989 | $51,092 | $7,103 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Indianapolis-Carmel-Anderson
- Studio
- $568/mo
- 1 BR
- $718/mo
- 2 BR
- $916/mo
- 3 BR
- $1,096/mo
- 4 BR
- $1,191/mo
- Median Income
- $51,092/yr
Frequently Asked Questions
Is Akron or Indianapolis-Carmel-Anderson cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $94/mo or $1,128/year more expensive in Indianapolis-Carmel-Anderson (11% higher).
What is the 2-bedroom rent in Akron vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Akron and Indianapolis-Carmel-Anderson?
The median household income in Akron is $43,989/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Akron vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Akron is $552/mo. In Indianapolis-Carmel-Anderson it is $568/mo.