Indianapolis-Carmel-Anderson vs Modesto
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 19% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,092/mo in Modesto — saving $2,112/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Modesto | Difference |
|---|---|---|---|
| Studio | $568 | $727 | $159 |
| 1 Bedroom | $718 | $912 | $194 |
| 2 Bedrooms | $916 | $1,092 | $176 |
| 3 Bedrooms | $1,096 | $1,412 | $316 |
| 4 Bedrooms | $1,191 | $1,509 | $318 |
| Median Income | $51,092 | $56,394 | $5,302 |
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
Modesto
- Studio
- $727/mo
- 1 BR
- $912/mo
- 2 BR
- $1,092/mo
- 3 BR
- $1,412/mo
- 4 BR
- $1,509/mo
- Median Income
- $56,394/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Modesto cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,092/mo in Modesto. That's $176/mo or $2,112/year more expensive in Modesto (19% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Modesto?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Modesto, a 2-bedroom FMR is $1,092/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Modesto?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Modesto it is $56,394/year. Modesto has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Modesto?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Modesto it is $727/mo.