Indianapolis-Carmel-Anderson vs Santa Maria-Santa Barbara
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 90% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,741/mo in Santa Maria-Santa Barbara — saving $9,900/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Santa Maria-Santa Barbara | Difference |
|---|---|---|---|
| Studio | $568 | $1,126 | $558 |
| 1 Bedroom | $718 | $1,403 | $685 |
| 2 Bedrooms | $916 | $1,741 | $825 |
| 3 Bedrooms | $1,096 | $2,068 | $972 |
| 4 Bedrooms | $1,191 | $2,592 | $1,401 |
| Median Income | $51,092 | $106,107 | $55,015 |
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 Maria-Santa Barbara
- Studio
- $1,126/mo
- 1 BR
- $1,403/mo
- 2 BR
- $1,741/mo
- 3 BR
- $2,068/mo
- 4 BR
- $2,592/mo
- Median Income
- $106,107/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Santa Maria-Santa Barbara cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,741/mo in Santa Maria-Santa Barbara. That's $825/mo or $9,900/year more expensive in Santa Maria-Santa Barbara (90% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Santa Maria-Santa Barbara?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Santa Maria-Santa Barbara, a 2-bedroom FMR is $1,741/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Santa Maria-Santa Barbara?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Santa Maria-Santa Barbara it is $106,107/year. Santa Maria-Santa Barbara has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Santa Maria-Santa Barbara?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Santa Maria-Santa Barbara it is $1,126/mo.