Birmingham-Hoover vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Birmingham-Hoover is 6% cheaper for renters. A 2-bedroom rents for $863/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $636/year.
Rent by Unit Size
| Unit Size | Birmingham-Hoover | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $540 | $568 | $28 |
| 1 Bedroom | $687 | $718 | $31 |
| 2 Bedrooms | $863 | $916 | $53 |
| 3 Bedrooms | $1,083 | $1,096 | $13 |
| 4 Bedrooms | $1,216 | $1,191 | $25 |
| Median Income | $46,088 | $51,092 | $5,004 |
Birmingham-Hoover
- Studio
- $540/mo
- 1 BR
- $687/mo
- 2 BR
- $863/mo
- 3 BR
- $1,083/mo
- 4 BR
- $1,216/mo
- Median Income
- $46,088/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 Birmingham-Hoover or Indianapolis-Carmel-Anderson cheaper to rent in?
Birmingham-Hoover is cheaper — a 2-bedroom Fair Market Rent is $863/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $53/mo or $636/year more expensive in Indianapolis-Carmel-Anderson (6% higher).
What is the 2-bedroom rent in Birmingham-Hoover vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Birmingham-Hoover is $863/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Birmingham-Hoover and Indianapolis-Carmel-Anderson?
The median household income in Birmingham-Hoover is $46,088/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Birmingham-Hoover vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Birmingham-Hoover is $540/mo. In Indianapolis-Carmel-Anderson it is $568/mo.