Hanford-Corcoran vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Hanford-Corcoran is 5% cheaper for renters. A 2-bedroom rents for $871/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $540/year.
Rent by Unit Size
| Unit Size | Hanford-Corcoran | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $578 | $568 | $10 |
| 1 Bedroom | $702 | $718 | $16 |
| 2 Bedrooms | $871 | $916 | $45 |
| 3 Bedrooms | $1,106 | $1,096 | $10 |
| 4 Bedrooms | $1,179 | $1,191 | $12 |
| Median Income | $53,765 | $51,092 | $2,673 |
Hanford-Corcoran
- Studio
- $578/mo
- 1 BR
- $702/mo
- 2 BR
- $871/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,179/mo
- Median Income
- $53,765/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 Hanford-Corcoran or Indianapolis-Carmel-Anderson cheaper to rent in?
Hanford-Corcoran is cheaper — a 2-bedroom Fair Market Rent is $871/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $45/mo or $540/year more expensive in Indianapolis-Carmel-Anderson (5% higher).
What is the 2-bedroom rent in Hanford-Corcoran vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Hanford-Corcoran is $871/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Hanford-Corcoran and Indianapolis-Carmel-Anderson?
The median household income in Hanford-Corcoran is $53,765/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Hanford-Corcoran has the higher median income.
What is the studio rent in Hanford-Corcoran vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Hanford-Corcoran is $578/mo. In Indianapolis-Carmel-Anderson it is $568/mo.