Erie vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 37% cheaper for renters. A 2-bedroom rents for $668/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $2,976/year.
Rent by Unit Size
| Unit Size | Erie | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $457 | $568 | $111 |
| 1 Bedroom | $553 | $718 | $165 |
| 2 Bedrooms | $668 | $916 | $248 |
| 3 Bedrooms | $861 | $1,096 | $235 |
| 4 Bedrooms | $985 | $1,191 | $206 |
| Median Income | $45,773 | $51,092 | $5,319 |
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/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 Erie or Indianapolis-Carmel-Anderson cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $248/mo or $2,976/year more expensive in Indianapolis-Carmel-Anderson (37% higher).
What is the 2-bedroom rent in Erie vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Erie is $668/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Erie and Indianapolis-Carmel-Anderson?
The median household income in Erie is $45,773/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Erie vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Erie is $457/mo. In Indianapolis-Carmel-Anderson it is $568/mo.