Indianapolis-Carmel-Anderson vs Philadelphia-Camden-Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 32% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,207/mo in Philadelphia-Camden-Wilmington — saving $3,492/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Philadelphia-Camden-Wilmington | Difference |
|---|---|---|---|
| Studio | $568 | $788 | $220 |
| 1 Bedroom | $718 | $990 | $272 |
| 2 Bedrooms | $916 | $1,207 | $291 |
| 3 Bedrooms | $1,096 | $1,535 | $439 |
| 4 Bedrooms | $1,191 | $1,692 | $501 |
| Median Income | $51,092 | $70,627 | $19,535 |
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
Philadelphia-Camden-Wilmington
- Studio
- $788/mo
- 1 BR
- $990/mo
- 2 BR
- $1,207/mo
- 3 BR
- $1,535/mo
- 4 BR
- $1,692/mo
- Median Income
- $70,627/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Philadelphia-Camden-Wilmington cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,207/mo in Philadelphia-Camden-Wilmington. That's $291/mo or $3,492/year more expensive in Philadelphia-Camden-Wilmington (32% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Philadelphia-Camden-Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Philadelphia-Camden-Wilmington, a 2-bedroom FMR is $1,207/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Philadelphia-Camden-Wilmington?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Philadelphia-Camden-Wilmington it is $70,627/year. Philadelphia-Camden-Wilmington has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Philadelphia-Camden-Wilmington?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Philadelphia-Camden-Wilmington it is $788/mo.