Indianapolis-Carmel-Anderson vs Rochester
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rochester is 1% cheaper for renters. A 2-bedroom rents for $903/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $156/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Rochester | Difference |
|---|---|---|---|
| Studio | $568 | $594 | $26 |
| 1 Bedroom | $718 | $739 | $21 |
| 2 Bedrooms | $916 | $903 | $13 |
| 3 Bedrooms | $1,096 | $1,112 | $16 |
| 4 Bedrooms | $1,191 | $1,294 | $103 |
| Median Income | $51,092 | $52,618 | $1,526 |
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
Rochester
- Studio
- $594/mo
- 1 BR
- $739/mo
- 2 BR
- $903/mo
- 3 BR
- $1,112/mo
- 4 BR
- $1,294/mo
- Median Income
- $52,618/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Rochester cheaper to rent in?
Rochester is cheaper — a 2-bedroom Fair Market Rent is $903/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $13/mo or $156/year more expensive in Indianapolis-Carmel-Anderson (1% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Rochester?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Rochester, a 2-bedroom FMR is $903/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Rochester?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Rochester it is $52,618/year. Rochester has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Rochester?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Rochester it is $594/mo.