Indianapolis-Carmel-Anderson vs Lake Havasu City-Kingman
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Havasu City-Kingman is 8% cheaper for renters. A 2-bedroom rents for $851/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $780/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Lake Havasu City-Kingman | Difference |
|---|---|---|---|
| Studio | $568 | $552 | $16 |
| 1 Bedroom | $718 | $703 | $15 |
| 2 Bedrooms | $916 | $851 | $65 |
| 3 Bedrooms | $1,096 | $1,124 | $28 |
| 4 Bedrooms | $1,191 | $1,261 | $70 |
| Median Income | $51,092 | $49,579 | $1,513 |
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 Havasu City-Kingman
- Studio
- $552/mo
- 1 BR
- $703/mo
- 2 BR
- $851/mo
- 3 BR
- $1,124/mo
- 4 BR
- $1,261/mo
- Median Income
- $49,579/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Lake Havasu City-Kingman cheaper to rent in?
Lake Havasu City-Kingman is cheaper — a 2-bedroom Fair Market Rent is $851/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $65/mo or $780/year more expensive in Indianapolis-Carmel-Anderson (8% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Lake Havasu City-Kingman?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Lake Havasu City-Kingman, a 2-bedroom FMR is $851/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Lake Havasu City-Kingman?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Lake Havasu City-Kingman it is $49,579/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Lake Havasu City-Kingman?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Lake Havasu City-Kingman it is $552/mo.