Indianapolis-Carmel-Anderson vs Rockford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rockford is 21% cheaper for renters. A 2-bedroom rents for $757/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,908/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Rockford | Difference |
|---|---|---|---|
| Studio | $568 | $509 | $59 |
| 1 Bedroom | $718 | $634 | $84 |
| 2 Bedrooms | $916 | $757 | $159 |
| 3 Bedrooms | $1,096 | $1,004 | $92 |
| 4 Bedrooms | $1,191 | $1,046 | $145 |
| Median Income | $51,092 | $47,844 | $3,248 |
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
Rockford
- Studio
- $509/mo
- 1 BR
- $634/mo
- 2 BR
- $757/mo
- 3 BR
- $1,004/mo
- 4 BR
- $1,046/mo
- Median Income
- $47,844/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Rockford cheaper to rent in?
Rockford is cheaper — a 2-bedroom Fair Market Rent is $757/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $159/mo or $1,908/year more expensive in Indianapolis-Carmel-Anderson (21% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Rockford?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Rockford, a 2-bedroom FMR is $757/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Rockford?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Rockford it is $47,844/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Rockford?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Rockford it is $509/mo.