Baltimore-Columbia-Towson vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 34% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,227/mo in Baltimore-Columbia-Towson — saving $3,732/year.
Rent by Unit Size
| Unit Size | Baltimore-Columbia-Towson | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $829 | $568 | $261 |
| 1 Bedroom | $1,006 | $718 | $288 |
| 2 Bedrooms | $1,227 | $916 | $311 |
| 3 Bedrooms | $1,606 | $1,096 | $510 |
| 4 Bedrooms | $1,767 | $1,191 | $576 |
| Median Income | $88,278 | $51,092 | $37,186 |
Baltimore-Columbia-Towson
- Studio
- $829/mo
- 1 BR
- $1,006/mo
- 2 BR
- $1,227/mo
- 3 BR
- $1,606/mo
- 4 BR
- $1,767/mo
- Median Income
- $88,278/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 Baltimore-Columbia-Towson or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,227/mo in Baltimore-Columbia-Towson. That's $311/mo or $3,732/year more expensive in Baltimore-Columbia-Towson (34% higher).
What is the 2-bedroom rent in Baltimore-Columbia-Towson vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Baltimore-Columbia-Towson is $1,227/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Baltimore-Columbia-Towson and Indianapolis-Carmel-Anderson?
The median household income in Baltimore-Columbia-Towson is $88,278/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Baltimore-Columbia-Towson has the higher median income.
What is the studio rent in Baltimore-Columbia-Towson vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Baltimore-Columbia-Towson is $829/mo. In Indianapolis-Carmel-Anderson it is $568/mo.