Idaho Falls vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Idaho Falls is 2% cheaper for renters. A 2-bedroom rents for $897/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $228/year.
Rent by Unit Size
| Unit Size | Idaho Falls | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $583 | $568 | $15 |
| 1 Bedroom | $710 | $718 | $8 |
| 2 Bedrooms | $897 | $916 | $19 |
| 3 Bedrooms | $1,089 | $1,096 | $7 |
| 4 Bedrooms | $1,288 | $1,191 | $97 |
| Median Income | $42,238 | $51,092 | $8,854 |
Idaho Falls
- Studio
- $583/mo
- 1 BR
- $710/mo
- 2 BR
- $897/mo
- 3 BR
- $1,089/mo
- 4 BR
- $1,288/mo
- Median Income
- $42,238/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 Idaho Falls or Indianapolis-Carmel-Anderson cheaper to rent in?
Idaho Falls is cheaper — a 2-bedroom Fair Market Rent is $897/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $19/mo or $228/year more expensive in Indianapolis-Carmel-Anderson (2% higher).
What is the 2-bedroom rent in Idaho Falls vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Idaho Falls is $897/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Idaho Falls and Indianapolis-Carmel-Anderson?
The median household income in Idaho Falls is $42,238/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Idaho Falls vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Idaho Falls is $583/mo. In Indianapolis-Carmel-Anderson it is $568/mo.