Charlotte, NC vs Indianapolis, IN
Compare rent, home prices, and affordability for up to 3 US cities.
The Verdict
Indianapolis, IN is cheaper — a 2-bedroom averages $1,283/mo versus $1,824/mo in Charlotte, NC, 30% ($541/mo) less. Over a year that is $6,492 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $72,960/year in Charlotte, NC versus $51,320/year in Indianapolis, IN — a $21,640 difference in required salary.
Home Prices
The median home costs $233,674 in Indianapolis, IN versus $400,096 in Charlotte, NC — 71% higher. Buyers priced out of Charlotte, NC may find Indianapolis, IN more attainable.
Select Cities (2/3)
Charlotte, NC
Indianapolis, IN
| Metric | Charlotte NC | Indianapolis IN |
|---|---|---|
| Studio Rent | $1,586 | $955✓ |
| 1BR Rent | $1,647 | $1,097✓ |
| 2BR Rent | $1,824 | $1,283✓ |
| 3BR Rent | $2,250 | $1,669✓ |
| 4BR Rent | $2,852 | $2,028✓ |
| Median Home Value | $400,096 | $233,674✓ |
| Price per sqft | — | — |
| Median Income | $80,201 | $77,065✓ |
| Income to Rent 2BR | $72,960/yr | $51,320/yr✓ |