FairRentWize

New York vs Indiana: Rent Comparison 2026

Side-by-side comparison of fair market rents, income, and tenant protections between New York and Indiana.

Indiana is 43% cheaper for a 2-bedroom rental than New York, saving renters approximately $662/mo ($7,944/year).

MetricNew YorkIndiana
Average 1BR Rent$1,267/mo$699/mo
Average 2BR Rent$1,553/mo$891/mo
Median Income$86,864$54,260
Renter %52.0%36.1%
Tenant Rights9/103/10

Rent Burden Comparison

New York

2BR Rent: $1,553/mo of $86,864/yr income

21.5% of income

Indiana

2BR Rent: $891/mo of $54,260/yr income

19.7% of income

Frequently Asked Questions

Is New York or Indiana cheaper to rent in?

Indiana has lower average rents. A 2-bedroom averages $891/mo, which is $662 less per month than New York (43% cheaper).

Which state has better tenant protections, New York or Indiana?

New York has stronger tenant rights with a score of 9/10 compared to 3/10.

What is the income difference between New York and Indiana?

New York median income: $86,864. Indiana median income: $54,260. Difference: $32,604/year.

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