Concord vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 19% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,088/mo in Concord — saving $2,064/year.
Rent by Unit Size
| Unit Size | Concord | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $755 | $568 | $187 |
| 1 Bedroom | $912 | $718 | $194 |
| 2 Bedrooms | $1,088 | $916 | $172 |
| 3 Bedrooms | $1,418 | $1,096 | $322 |
| 4 Bedrooms | $1,586 | $1,191 | $395 |
| Median Income | $53,649 | $51,092 | $2,557 |
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/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 Concord or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,088/mo in Concord. That's $172/mo or $2,064/year more expensive in Concord (19% higher).
What is the 2-bedroom rent in Concord vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Concord and Indianapolis-Carmel-Anderson?
The median household income in Concord is $53,649/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Concord has the higher median income.
What is the studio rent in Concord vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Concord is $755/mo. In Indianapolis-Carmel-Anderson it is $568/mo.