Indianapolis-Carmel-Anderson vs Tampa-St. Petersburg-Clearwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 33% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater — saving $3,624/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Tampa-St. Petersburg-Clearwater | Difference |
|---|---|---|---|
| Studio | $568 | $817 | $249 |
| 1 Bedroom | $718 | $967 | $249 |
| 2 Bedrooms | $916 | $1,218 | $302 |
| 3 Bedrooms | $1,096 | $1,527 | $431 |
| 4 Bedrooms | $1,191 | $1,752 | $561 |
| Median Income | $51,092 | $69,520 | $18,428 |
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
Tampa-St. Petersburg-Clearwater
- Studio
- $817/mo
- 1 BR
- $967/mo
- 2 BR
- $1,218/mo
- 3 BR
- $1,527/mo
- 4 BR
- $1,752/mo
- Median Income
- $69,520/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater. That's $302/mo or $3,624/year more expensive in Tampa-St. Petersburg-Clearwater (33% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Tampa-St. Petersburg-Clearwater?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Tampa-St. Petersburg-Clearwater has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.