FairRentWize

Appleton vs Indianapolis-Carmel-Anderson

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Appleton is 14% cheaper for renters. A 2-bedroom rents for $805/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,332/year.

Rent by Unit Size

Unit SizeAppletonIndianapolis-Carmel-AndersonDifference
Studio$559$568$9
1 Bedroom$663$718$55
2 Bedrooms$805$916$111
3 Bedrooms$1,033$1,096$63
4 Bedrooms$1,202$1,191$11
Median Income$51,223$51,092$131

Appleton

Studio
$559/mo
1 BR
$663/mo
2 BR
$805/mo
3 BR
$1,033/mo
4 BR
$1,202/mo
Median Income
$51,223/yr
Full Appleton profile →

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
Full Indianapolis-Carmel-Anderson profile →

Frequently Asked Questions

Is Appleton or Indianapolis-Carmel-Anderson cheaper to rent in?
Appleton is cheaper — a 2-bedroom Fair Market Rent is $805/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $111/mo or $1,332/year more expensive in Indianapolis-Carmel-Anderson (14% higher).
What is the 2-bedroom rent in Appleton vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Appleton is $805/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Appleton and Indianapolis-Carmel-Anderson?
The median household income in Appleton is $51,223/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Appleton has the higher median income.
What is the studio rent in Appleton vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Appleton is $559/mo. In Indianapolis-Carmel-Anderson it is $568/mo.