Bowling Green vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bowling Green is 24% cheaper for renters. A 2-bedroom rents for $738/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $2,136/year.
Rent by Unit Size
| Unit Size | Bowling Green | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $494 | $568 | $74 |
| 1 Bedroom | $620 | $718 | $98 |
| 2 Bedrooms | $738 | $916 | $178 |
| 3 Bedrooms | $967 | $1,096 | $129 |
| 4 Bedrooms | $1,084 | $1,191 | $107 |
| Median Income | $41,735 | $51,092 | $9,357 |
Bowling Green
- Studio
- $494/mo
- 1 BR
- $620/mo
- 2 BR
- $738/mo
- 3 BR
- $967/mo
- 4 BR
- $1,084/mo
- Median Income
- $41,735/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 Bowling Green or Indianapolis-Carmel-Anderson cheaper to rent in?
Bowling Green is cheaper — a 2-bedroom Fair Market Rent is $738/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $178/mo or $2,136/year more expensive in Indianapolis-Carmel-Anderson (24% higher).
What is the 2-bedroom rent in Bowling Green vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Bowling Green is $738/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Bowling Green and Indianapolis-Carmel-Anderson?
The median household income in Bowling Green is $41,735/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Bowling Green vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Bowling Green is $494/mo. In Indianapolis-Carmel-Anderson it is $568/mo.