Charlotte-Concord-Gastonia vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 18% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $2,016/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $724 | $568 | $156 |
| 1 Bedroom | $881 | $718 | $163 |
| 2 Bedrooms | $1,084 | $916 | $168 |
| 3 Bedrooms | $1,328 | $1,096 | $232 |
| 4 Bedrooms | $1,555 | $1,191 | $364 |
| Median Income | $63,227 | $51,092 | $12,135 |
Charlotte-Concord-Gastonia
- Studio
- $724/mo
- 1 BR
- $881/mo
- 2 BR
- $1,084/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,555/mo
- Median Income
- $63,227/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 Charlotte-Concord-Gastonia or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $168/mo or $2,016/year more expensive in Charlotte-Concord-Gastonia (18% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Charlotte-Concord-Gastonia and Indianapolis-Carmel-Anderson?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Indianapolis-Carmel-Anderson it is $568/mo.