FairRentWize

Amarillo vs Indianapolis-Carmel-Anderson

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Amarillo is 23% cheaper for renters. A 2-bedroom rents for $744/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $2,064/year.

Rent by Unit Size

Unit SizeAmarilloIndianapolis-Carmel-AndersonDifference
Studio$501$568$67
1 Bedroom$606$718$112
2 Bedrooms$744$916$172
3 Bedrooms$961$1,096$135
4 Bedrooms$1,008$1,191$183
Median Income$37,767$51,092$13,325

Amarillo

Studio
$501/mo
1 BR
$606/mo
2 BR
$744/mo
3 BR
$961/mo
4 BR
$1,008/mo
Median Income
$37,767/yr
Full Amarillo profile →

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
Full Indianapolis-Carmel-Anderson profile →

Frequently Asked Questions

Is Amarillo or Indianapolis-Carmel-Anderson cheaper to rent in?
Amarillo is cheaper — a 2-bedroom Fair Market Rent is $744/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $172/mo or $2,064/year more expensive in Indianapolis-Carmel-Anderson (23% higher).
What is the 2-bedroom rent in Amarillo vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Amarillo is $744/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Amarillo and Indianapolis-Carmel-Anderson?
The median household income in Amarillo is $37,767/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Amarillo vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Amarillo is $501/mo. In Indianapolis-Carmel-Anderson it is $568/mo.