Columbia vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 1% cheaper for renters. A 2-bedroom rents for $916/mo vs $927/mo in Columbia — saving $132/year.
Rent by Unit Size
| Unit Size | Columbia | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $644 | $568 | $76 |
| 1 Bedroom | $771 | $718 | $53 |
| 2 Bedrooms | $927 | $916 | $11 |
| 3 Bedrooms | $1,178 | $1,096 | $82 |
| 4 Bedrooms | $1,341 | $1,191 | $150 |
| Median Income | $53,072 | $51,092 | $1,980 |
Columbia
- Studio
- $644/mo
- 1 BR
- $771/mo
- 2 BR
- $927/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,341/mo
- Median Income
- $53,072/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 Columbia or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $927/mo in Columbia. That's $11/mo or $132/year more expensive in Columbia (1% higher).
What is the 2-bedroom rent in Columbia vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Columbia is $927/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Columbia and Indianapolis-Carmel-Anderson?
The median household income in Columbia is $53,072/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Columbia has the higher median income.
What is the studio rent in Columbia vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Columbia is $644/mo. In Indianapolis-Carmel-Anderson it is $568/mo.