Honolulu vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 111% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,937/mo in Honolulu — saving $12,252/year.
Rent by Unit Size
| Unit Size | Honolulu | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $1,256 | $568 | $688 |
| 1 Bedroom | $1,543 | $718 | $825 |
| 2 Bedrooms | $1,937 | $916 | $1,021 |
| 3 Bedrooms | $2,397 | $1,096 | $1,301 |
| 4 Bedrooms | $2,745 | $1,191 | $1,554 |
| Median Income | $116,677 | $51,092 | $65,585 |
Honolulu
- Studio
- $1,256/mo
- 1 BR
- $1,543/mo
- 2 BR
- $1,937/mo
- 3 BR
- $2,397/mo
- 4 BR
- $2,745/mo
- Median Income
- $116,677/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 Honolulu or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,937/mo in Honolulu. That's $1,021/mo or $12,252/year more expensive in Honolulu (111% higher).
What is the 2-bedroom rent in Honolulu vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Honolulu is $1,937/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Honolulu and Indianapolis-Carmel-Anderson?
The median household income in Honolulu is $116,677/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Honolulu has the higher median income.
What is the studio rent in Honolulu vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Honolulu is $1,256/mo. In Indianapolis-Carmel-Anderson it is $568/mo.