Indianapolis-Carmel-Anderson vs Jacksonville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 18% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,082/mo in Jacksonville — saving $1,992/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Jacksonville | Difference |
|---|---|---|---|
| Studio | $568 | $693 | $125 |
| 1 Bedroom | $718 | $862 | $144 |
| 2 Bedrooms | $916 | $1,082 | $166 |
| 3 Bedrooms | $1,096 | $1,360 | $264 |
| 4 Bedrooms | $1,191 | $1,586 | $395 |
| Median Income | $51,092 | $66,591 | $15,499 |
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
Jacksonville
- Studio
- $693/mo
- 1 BR
- $862/mo
- 2 BR
- $1,082/mo
- 3 BR
- $1,360/mo
- 4 BR
- $1,586/mo
- Median Income
- $66,591/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Jacksonville cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,082/mo in Jacksonville. That's $166/mo or $1,992/year more expensive in Jacksonville (18% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Jacksonville?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Jacksonville, a 2-bedroom FMR is $1,082/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Jacksonville?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Jacksonville it is $66,591/year. Jacksonville has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Jacksonville?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Jacksonville it is $693/mo.