Bangor vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bangor is 18% cheaper for renters. A 2-bedroom rents for $774/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,704/year.
Rent by Unit Size
| Unit Size | Bangor | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $510 | $568 | $58 |
| 1 Bedroom | $653 | $718 | $65 |
| 2 Bedrooms | $774 | $916 | $142 |
| 3 Bedrooms | $996 | $1,096 | $100 |
| 4 Bedrooms | $1,108 | $1,191 | $83 |
| Median Income | $53,743 | $51,092 | $2,651 |
Bangor
- Studio
- $510/mo
- 1 BR
- $653/mo
- 2 BR
- $774/mo
- 3 BR
- $996/mo
- 4 BR
- $1,108/mo
- Median Income
- $53,743/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 Bangor or Indianapolis-Carmel-Anderson cheaper to rent in?
Bangor is cheaper — a 2-bedroom Fair Market Rent is $774/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $142/mo or $1,704/year more expensive in Indianapolis-Carmel-Anderson (18% higher).
What is the 2-bedroom rent in Bangor vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Bangor is $774/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Bangor and Indianapolis-Carmel-Anderson?
The median household income in Bangor is $53,743/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Bangor has the higher median income.
What is the studio rent in Bangor vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Bangor is $510/mo. In Indianapolis-Carmel-Anderson it is $568/mo.