Boston-Cambridge-Newton vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 91% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,754/mo in Boston-Cambridge-Newton — saving $10,056/year.
Rent by Unit Size
| Unit Size | Boston-Cambridge-Newton | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $1,196 | $568 | $628 |
| 1 Bedroom | $1,409 | $718 | $691 |
| 2 Bedrooms | $1,754 | $916 | $838 |
| 3 Bedrooms | $2,044 | $1,096 | $948 |
| 4 Bedrooms | $2,555 | $1,191 | $1,364 |
| Median Income | $100,795 | $51,092 | $49,703 |
Boston-Cambridge-Newton
- Studio
- $1,196/mo
- 1 BR
- $1,409/mo
- 2 BR
- $1,754/mo
- 3 BR
- $2,044/mo
- 4 BR
- $2,555/mo
- Median Income
- $100,795/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 Boston-Cambridge-Newton or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,754/mo in Boston-Cambridge-Newton. That's $838/mo or $10,056/year more expensive in Boston-Cambridge-Newton (91% higher).
What is the 2-bedroom rent in Boston-Cambridge-Newton vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Boston-Cambridge-Newton is $1,754/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Boston-Cambridge-Newton and Indianapolis-Carmel-Anderson?
The median household income in Boston-Cambridge-Newton is $100,795/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Boston-Cambridge-Newton has the higher median income.
What is the studio rent in Boston-Cambridge-Newton vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Boston-Cambridge-Newton is $1,196/mo. In Indianapolis-Carmel-Anderson it is $568/mo.