FairRentWize

Durham-Chapel Hill vs Indianapolis-Carmel-Anderson

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Indianapolis-Carmel-Anderson is 20% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,098/mo in Durham-Chapel Hill — saving $2,184/year.

Rent by Unit Size

Unit SizeDurham-Chapel HillIndianapolis-Carmel-AndersonDifference
Studio$730$568$162
1 Bedroom$882$718$164
2 Bedrooms$1,098$916$182
3 Bedrooms$1,391$1,096$295
4 Bedrooms$1,605$1,191$414
Median Income$69,791$51,092$18,699

Durham-Chapel Hill

Studio
$730/mo
1 BR
$882/mo
2 BR
$1,098/mo
3 BR
$1,391/mo
4 BR
$1,605/mo
Median Income
$69,791/yr
Full Durham-Chapel Hill 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 Durham-Chapel Hill or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,098/mo in Durham-Chapel Hill. That's $182/mo or $2,184/year more expensive in Durham-Chapel Hill (20% higher).
What is the 2-bedroom rent in Durham-Chapel Hill vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Durham-Chapel Hill is $1,098/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Durham-Chapel Hill and Indianapolis-Carmel-Anderson?
The median household income in Durham-Chapel Hill is $69,791/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Durham-Chapel Hill has the higher median income.
What is the studio rent in Durham-Chapel Hill vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Durham-Chapel Hill is $730/mo. In Indianapolis-Carmel-Anderson it is $568/mo.