FairRentWize

Daphne-Fairhope-Foley vs Indianapolis-Carmel-Anderson

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Indianapolis-Carmel-Anderson is 2% cheaper for renters. A 2-bedroom rents for $916/mo vs $932/mo in Daphne-Fairhope-Foley — saving $192/year.

Rent by Unit Size

Unit SizeDaphne-Fairhope-FoleyIndianapolis-Carmel-AndersonDifference
Studio$651$568$83
1 Bedroom$770$718$52
2 Bedrooms$932$916$16
3 Bedrooms$1,160$1,096$64
4 Bedrooms$1,392$1,191$201
Median Income$59,073$51,092$7,981

Daphne-Fairhope-Foley

Studio
$651/mo
1 BR
$770/mo
2 BR
$932/mo
3 BR
$1,160/mo
4 BR
$1,392/mo
Median Income
$59,073/yr
Full Daphne-Fairhope-Foley profile →

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
Full Indianapolis-Carmel-Anderson profile →

Frequently Asked Questions

Is Daphne-Fairhope-Foley or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $932/mo in Daphne-Fairhope-Foley. That's $16/mo or $192/year more expensive in Daphne-Fairhope-Foley (2% higher).
What is the 2-bedroom rent in Daphne-Fairhope-Foley vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Daphne-Fairhope-Foley is $932/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Daphne-Fairhope-Foley and Indianapolis-Carmel-Anderson?
The median household income in Daphne-Fairhope-Foley is $59,073/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Daphne-Fairhope-Foley has the higher median income.
What is the studio rent in Daphne-Fairhope-Foley vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Daphne-Fairhope-Foley is $651/mo. In Indianapolis-Carmel-Anderson it is $568/mo.