Chattanooga vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chattanooga is 12% cheaper for renters. A 2-bedroom rents for $820/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,152/year.
Rent by Unit Size
| Unit Size | Chattanooga | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $557 | $568 | $11 |
| 1 Bedroom | $669 | $718 | $49 |
| 2 Bedrooms | $820 | $916 | $96 |
| 3 Bedrooms | $1,035 | $1,096 | $61 |
| 4 Bedrooms | $1,226 | $1,191 | $35 |
| Median Income | $44,498 | $51,092 | $6,594 |
Chattanooga
- Studio
- $557/mo
- 1 BR
- $669/mo
- 2 BR
- $820/mo
- 3 BR
- $1,035/mo
- 4 BR
- $1,226/mo
- Median Income
- $44,498/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 Chattanooga or Indianapolis-Carmel-Anderson cheaper to rent in?
Chattanooga is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $96/mo or $1,152/year more expensive in Indianapolis-Carmel-Anderson (12% higher).
What is the 2-bedroom rent in Chattanooga vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Chattanooga is $820/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Chattanooga and Indianapolis-Carmel-Anderson?
The median household income in Chattanooga is $44,498/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Chattanooga vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Chattanooga is $557/mo. In Indianapolis-Carmel-Anderson it is $568/mo.