Charlottesville vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 17% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,075/mo in Charlottesville — saving $1,908/year.
Rent by Unit Size
| Unit Size | Charlottesville | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $700 | $568 | $132 |
| 1 Bedroom | $878 | $718 | $160 |
| 2 Bedrooms | $1,075 | $916 | $159 |
| 3 Bedrooms | $1,404 | $1,096 | $308 |
| 4 Bedrooms | $1,498 | $1,191 | $307 |
| Median Income | $70,871 | $51,092 | $19,779 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,075/mo in Charlottesville. That's $159/mo or $1,908/year more expensive in Charlottesville (17% higher).
What is the 2-bedroom rent in Charlottesville vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Charlottesville and Indianapolis-Carmel-Anderson?
The median household income in Charlottesville is $70,871/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Indianapolis-Carmel-Anderson it is $568/mo.