Indianapolis-Carmel-Anderson vs Tallahassee
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 8% cheaper for renters. A 2-bedroom rents for $916/mo vs $989/mo in Tallahassee — saving $876/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Tallahassee | Difference |
|---|---|---|---|
| Studio | $568 | $625 | $57 |
| 1 Bedroom | $718 | $784 | $66 |
| 2 Bedrooms | $916 | $989 | $73 |
| 3 Bedrooms | $1,096 | $1,193 | $97 |
| 4 Bedrooms | $1,191 | $1,420 | $229 |
| Median Income | $51,092 | $57,994 | $6,902 |
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
Tallahassee
- Studio
- $625/mo
- 1 BR
- $784/mo
- 2 BR
- $989/mo
- 3 BR
- $1,193/mo
- 4 BR
- $1,420/mo
- Median Income
- $57,994/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Tallahassee cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $989/mo in Tallahassee. That's $73/mo or $876/year more expensive in Tallahassee (8% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Tallahassee?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Tallahassee, a 2-bedroom FMR is $989/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Tallahassee?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Tallahassee it is $57,994/year. Tallahassee has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Tallahassee?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Tallahassee it is $625/mo.