Green Bay vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Green Bay is 10% cheaper for renters. A 2-bedroom rents for $831/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,020/year.
Rent by Unit Size
| Unit Size | Green Bay | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $549 | $568 | $19 |
| 1 Bedroom | $699 | $718 | $19 |
| 2 Bedrooms | $831 | $916 | $85 |
| 3 Bedrooms | $1,091 | $1,096 | $5 |
| 4 Bedrooms | $1,266 | $1,191 | $75 |
| Median Income | $48,811 | $51,092 | $2,281 |
Green Bay
- Studio
- $549/mo
- 1 BR
- $699/mo
- 2 BR
- $831/mo
- 3 BR
- $1,091/mo
- 4 BR
- $1,266/mo
- Median Income
- $48,811/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 Green Bay or Indianapolis-Carmel-Anderson cheaper to rent in?
Green Bay is cheaper — a 2-bedroom Fair Market Rent is $831/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $85/mo or $1,020/year more expensive in Indianapolis-Carmel-Anderson (10% higher).
What is the 2-bedroom rent in Green Bay vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Green Bay is $831/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Green Bay and Indianapolis-Carmel-Anderson?
The median household income in Green Bay is $48,811/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Green Bay vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Green Bay is $549/mo. In Indianapolis-Carmel-Anderson it is $568/mo.