FairRentWize

Boulder vs Indianapolis-Carmel-Anderson

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Indianapolis-Carmel-Anderson is 52% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,393/mo in Boulder — saving $5,724/year.

Rent by Unit Size

Unit SizeBoulderIndianapolis-Carmel-AndersonDifference
Studio$912$568$344
1 Bedroom$1,165$718$447
2 Bedrooms$1,393$916$477
3 Bedrooms$1,797$1,096$701
4 Bedrooms$2,079$1,191$888
Median Income$78,256$51,092$27,164

Boulder

Studio
$912/mo
1 BR
$1,165/mo
2 BR
$1,393/mo
3 BR
$1,797/mo
4 BR
$2,079/mo
Median Income
$78,256/yr
Full Boulder 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 Boulder or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,393/mo in Boulder. That's $477/mo or $5,724/year more expensive in Boulder (52% higher).
What is the 2-bedroom rent in Boulder vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Boulder is $1,393/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Boulder and Indianapolis-Carmel-Anderson?
The median household income in Boulder is $78,256/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Boulder has the higher median income.
What is the studio rent in Boulder vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Boulder is $912/mo. In Indianapolis-Carmel-Anderson it is $568/mo.