Fayetteville vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fayetteville is 20% cheaper for renters. A 2-bedroom rents for $763/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,836/year.
Rent by Unit Size
| Unit Size | Fayetteville | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $541 | $568 | $27 |
| 1 Bedroom | $639 | $718 | $79 |
| 2 Bedrooms | $763 | $916 | $153 |
| 3 Bedrooms | $1,019 | $1,096 | $77 |
| 4 Bedrooms | $1,164 | $1,191 | $27 |
| Median Income | $49,948 | $51,092 | $1,144 |
Fayetteville
- Studio
- $541/mo
- 1 BR
- $639/mo
- 2 BR
- $763/mo
- 3 BR
- $1,019/mo
- 4 BR
- $1,164/mo
- Median Income
- $49,948/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 Fayetteville or Indianapolis-Carmel-Anderson cheaper to rent in?
Fayetteville is cheaper — a 2-bedroom Fair Market Rent is $763/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $153/mo or $1,836/year more expensive in Indianapolis-Carmel-Anderson (20% higher).
What is the 2-bedroom rent in Fayetteville vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Fayetteville is $763/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Fayetteville and Indianapolis-Carmel-Anderson?
The median household income in Fayetteville is $49,948/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Fayetteville vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Fayetteville is $541/mo. In Indianapolis-Carmel-Anderson it is $568/mo.