Indianapolis-Carmel-Anderson vs Santa Cruz-Watsonville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 92% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,760/mo in Santa Cruz-Watsonville — saving $10,128/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Santa Cruz-Watsonville | Difference |
|---|---|---|---|
| Studio | $568 | $1,172 | $604 |
| 1 Bedroom | $718 | $1,475 | $757 |
| 2 Bedrooms | $916 | $1,760 | $844 |
| 3 Bedrooms | $1,096 | $2,195 | $1,099 |
| 4 Bedrooms | $1,191 | $2,530 | $1,339 |
| Median Income | $51,092 | $89,493 | $38,401 |
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
Santa Cruz-Watsonville
- Studio
- $1,172/mo
- 1 BR
- $1,475/mo
- 2 BR
- $1,760/mo
- 3 BR
- $2,195/mo
- 4 BR
- $2,530/mo
- Median Income
- $89,493/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Santa Cruz-Watsonville cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,760/mo in Santa Cruz-Watsonville. That's $844/mo or $10,128/year more expensive in Santa Cruz-Watsonville (92% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Santa Cruz-Watsonville?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Santa Cruz-Watsonville, a 2-bedroom FMR is $1,760/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Santa Cruz-Watsonville?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Santa Cruz-Watsonville it is $89,493/year. Santa Cruz-Watsonville has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Santa Cruz-Watsonville?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Santa Cruz-Watsonville it is $1,172/mo.