Anchorage vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 27% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,162/mo in Anchorage — saving $2,952/year.
Rent by Unit Size
| Unit Size | Anchorage | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $795 | $568 | $227 |
| 1 Bedroom | $960 | $718 | $242 |
| 2 Bedrooms | $1,162 | $916 | $246 |
| 3 Bedrooms | $1,475 | $1,096 | $379 |
| 4 Bedrooms | $1,674 | $1,191 | $483 |
| Median Income | $75,443 | $51,092 | $24,351 |
Anchorage
- Studio
- $795/mo
- 1 BR
- $960/mo
- 2 BR
- $1,162/mo
- 3 BR
- $1,475/mo
- 4 BR
- $1,674/mo
- Median Income
- $75,443/yr
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
Frequently Asked Questions
Is Anchorage or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,162/mo in Anchorage. That's $246/mo or $2,952/year more expensive in Anchorage (27% higher).
What is the 2-bedroom rent in Anchorage vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Anchorage and Indianapolis-Carmel-Anderson?
The median household income in Anchorage is $75,443/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Indianapolis-Carmel-Anderson it is $568/mo.