Denver-Aurora-Lakewood vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 55% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,421/mo in Denver-Aurora-Lakewood — saving $6,060/year.
Rent by Unit Size
| Unit Size | Denver-Aurora-Lakewood | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $944 | $568 | $376 |
| 1 Bedroom | $1,123 | $718 | $405 |
| 2 Bedrooms | $1,421 | $916 | $505 |
| 3 Bedrooms | $1,665 | $1,096 | $569 |
| 4 Bedrooms | $2,036 | $1,191 | $845 |
| Median Income | $86,704 | $51,092 | $35,612 |
Denver-Aurora-Lakewood
- Studio
- $944/mo
- 1 BR
- $1,123/mo
- 2 BR
- $1,421/mo
- 3 BR
- $1,665/mo
- 4 BR
- $2,036/mo
- Median Income
- $86,704/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 Denver-Aurora-Lakewood or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,421/mo in Denver-Aurora-Lakewood. That's $505/mo or $6,060/year more expensive in Denver-Aurora-Lakewood (55% higher).
What is the 2-bedroom rent in Denver-Aurora-Lakewood vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Denver-Aurora-Lakewood is $1,421/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Denver-Aurora-Lakewood and Indianapolis-Carmel-Anderson?
The median household income in Denver-Aurora-Lakewood is $86,704/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Denver-Aurora-Lakewood has the higher median income.
What is the studio rent in Denver-Aurora-Lakewood vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Denver-Aurora-Lakewood is $944/mo. In Indianapolis-Carmel-Anderson it is $568/mo.