El Paso vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 6% cheaper for renters. A 2-bedroom rents for $868/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $576/year.
Rent by Unit Size
| Unit Size | El Paso | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $557 | $568 | $11 |
| 1 Bedroom | $685 | $718 | $33 |
| 2 Bedrooms | $868 | $916 | $48 |
| 3 Bedrooms | $1,052 | $1,096 | $44 |
| 4 Bedrooms | $1,194 | $1,191 | $3 |
| Median Income | $45,964 | $51,092 | $5,128 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or Indianapolis-Carmel-Anderson cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $48/mo or $576/year more expensive in Indianapolis-Carmel-Anderson (6% higher).
What is the 2-bedroom rent in El Paso vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between El Paso and Indianapolis-Carmel-Anderson?
The median household income in El Paso is $45,964/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in El Paso vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Indianapolis-Carmel-Anderson it is $568/mo.