Indianapolis-Carmel-Anderson vs Lake Charles
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 25% cheaper for renters. A 2-bedroom rents for $735/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $2,172/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Lake Charles | Difference |
|---|---|---|---|
| Studio | $568 | $490 | $78 |
| 1 Bedroom | $718 | $592 | $126 |
| 2 Bedrooms | $916 | $735 | $181 |
| 3 Bedrooms | $1,096 | $930 | $166 |
| 4 Bedrooms | $1,191 | $984 | $207 |
| Median Income | $51,092 | $45,479 | $5,613 |
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
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $181/mo or $2,172/year more expensive in Indianapolis-Carmel-Anderson (25% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Lake Charles?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Lake Charles it is $45,479/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Lake Charles?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Lake Charles it is $490/mo.