Indianapolis-Carmel-Anderson vs Portland-Vancouver-Hillsboro
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 43% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,308/mo in Portland-Vancouver-Hillsboro — saving $4,704/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Portland-Vancouver-Hillsboro | Difference |
|---|---|---|---|
| Studio | $568 | $891 | $323 |
| 1 Bedroom | $718 | $1,079 | $361 |
| 2 Bedrooms | $916 | $1,308 | $392 |
| 3 Bedrooms | $1,096 | $1,615 | $519 |
| 4 Bedrooms | $1,191 | $1,963 | $772 |
| Median Income | $51,092 | $90,070 | $38,978 |
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-Vancouver-Hillsboro
- Studio
- $891/mo
- 1 BR
- $1,079/mo
- 2 BR
- $1,308/mo
- 3 BR
- $1,615/mo
- 4 BR
- $1,963/mo
- Median Income
- $90,070/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Portland-Vancouver-Hillsboro cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,308/mo in Portland-Vancouver-Hillsboro. That's $392/mo or $4,704/year more expensive in Portland-Vancouver-Hillsboro (43% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Portland-Vancouver-Hillsboro?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Portland-Vancouver-Hillsboro, a 2-bedroom FMR is $1,308/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Portland-Vancouver-Hillsboro?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Portland-Vancouver-Hillsboro it is $90,070/year. Portland-Vancouver-Hillsboro has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Portland-Vancouver-Hillsboro?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Portland-Vancouver-Hillsboro it is $891/mo.