Indianapolis-Carmel-Anderson vs Portland-South Portland
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 25% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,145/mo in Portland-South Portland — saving $2,748/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Portland-South Portland | Difference |
|---|---|---|---|
| Studio | $568 | $765 | $197 |
| 1 Bedroom | $718 | $906 | $188 |
| 2 Bedrooms | $916 | $1,145 | $229 |
| 3 Bedrooms | $1,096 | $1,402 | $306 |
| 4 Bedrooms | $1,191 | $1,638 | $447 |
| Median Income | $51,092 | $58,824 | $7,732 |
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
Portland-South Portland
- Studio
- $765/mo
- 1 BR
- $906/mo
- 2 BR
- $1,145/mo
- 3 BR
- $1,402/mo
- 4 BR
- $1,638/mo
- Median Income
- $58,824/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Portland-South Portland cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,145/mo in Portland-South Portland. That's $229/mo or $2,748/year more expensive in Portland-South Portland (25% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Portland-South Portland?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Portland-South Portland, a 2-bedroom FMR is $1,145/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Portland-South Portland?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Portland-South Portland it is $58,824/year. Portland-South Portland has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Portland-South Portland?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Portland-South Portland it is $765/mo.