Gainesville vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 10% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,011/mo in Gainesville — saving $1,140/year.
Rent by Unit Size
| Unit Size | Gainesville | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $680 | $568 | $112 |
| 1 Bedroom | $802 | $718 | $84 |
| 2 Bedrooms | $1,011 | $916 | $95 |
| 3 Bedrooms | $1,236 | $1,096 | $140 |
| 4 Bedrooms | $1,426 | $1,191 | $235 |
| Median Income | $47,354 | $51,092 | $3,738 |
Gainesville
- Studio
- $680/mo
- 1 BR
- $802/mo
- 2 BR
- $1,011/mo
- 3 BR
- $1,236/mo
- 4 BR
- $1,426/mo
- Median Income
- $47,354/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 Gainesville or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,011/mo in Gainesville. That's $95/mo or $1,140/year more expensive in Gainesville (10% higher).
What is the 2-bedroom rent in Gainesville vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Gainesville is $1,011/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Gainesville and Indianapolis-Carmel-Anderson?
The median household income in Gainesville is $47,354/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Gainesville vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Gainesville is $680/mo. In Indianapolis-Carmel-Anderson it is $568/mo.