El Centro vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Centro is 10% cheaper for renters. A 2-bedroom rents for $834/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $984/year.
Rent by Unit Size
| Unit Size | El Centro | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $556 | $568 | $12 |
| 1 Bedroom | $706 | $718 | $12 |
| 2 Bedrooms | $834 | $916 | $82 |
| 3 Bedrooms | $1,056 | $1,096 | $40 |
| 4 Bedrooms | $1,186 | $1,191 | $5 |
| Median Income | $50,743 | $51,092 | $349 |
El Centro
- Studio
- $556/mo
- 1 BR
- $706/mo
- 2 BR
- $834/mo
- 3 BR
- $1,056/mo
- 4 BR
- $1,186/mo
- Median Income
- $50,743/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 El Centro or Indianapolis-Carmel-Anderson cheaper to rent in?
El Centro is cheaper — a 2-bedroom Fair Market Rent is $834/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $82/mo or $984/year more expensive in Indianapolis-Carmel-Anderson (10% higher).
What is the 2-bedroom rent in El Centro vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in El Centro is $834/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between El Centro and Indianapolis-Carmel-Anderson?
The median household income in El Centro is $50,743/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in El Centro vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in El Centro is $556/mo. In Indianapolis-Carmel-Anderson it is $568/mo.