Indianapolis-Carmel-Anderson vs Lakeland-Winter Haven
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 11% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,013/mo in Lakeland-Winter Haven — saving $1,164/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Lakeland-Winter Haven | Difference |
|---|---|---|---|
| Studio | $568 | $664 | $96 |
| 1 Bedroom | $718 | $793 | $75 |
| 2 Bedrooms | $916 | $1,013 | $97 |
| 3 Bedrooms | $1,096 | $1,178 | $82 |
| 4 Bedrooms | $1,191 | $1,395 | $204 |
| Median Income | $51,092 | $55,009 | $3,917 |
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
Lakeland-Winter Haven
- Studio
- $664/mo
- 1 BR
- $793/mo
- 2 BR
- $1,013/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,395/mo
- Median Income
- $55,009/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Lakeland-Winter Haven cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,013/mo in Lakeland-Winter Haven. That's $97/mo or $1,164/year more expensive in Lakeland-Winter Haven (11% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Lakeland-Winter Haven?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Lakeland-Winter Haven, a 2-bedroom FMR is $1,013/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Lakeland-Winter Haven?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Lakeland-Winter Haven it is $55,009/year. Lakeland-Winter Haven has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Lakeland-Winter Haven?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Lakeland-Winter Haven it is $664/mo.