Asheville vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 21% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,106/mo in Asheville — saving $2,280/year.
Rent by Unit Size
| Unit Size | Asheville | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $689 | $568 | $121 |
| 1 Bedroom | $875 | $718 | $157 |
| 2 Bedrooms | $1,106 | $916 | $190 |
| 3 Bedrooms | $1,316 | $1,096 | $220 |
| 4 Bedrooms | $1,577 | $1,191 | $386 |
| Median Income | $64,400 | $51,092 | $13,308 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,106/mo in Asheville. That's $190/mo or $2,280/year more expensive in Asheville (21% higher).
What is the 2-bedroom rent in Asheville vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Asheville and Indianapolis-Carmel-Anderson?
The median household income in Asheville is $64,400/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Indianapolis-Carmel-Anderson it is $568/mo.