FairRentWize

Indianapolis-Carmel-Anderson vs Lansing-East Lansing

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lansing-East Lansing is 9% cheaper for renters. A 2-bedroom rents for $837/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $948/year.

Rent by Unit Size

Unit SizeIndianapolis-Carmel-AndersonLansing-East LansingDifference
Studio$568$564$4
1 Bedroom$718$685$33
2 Bedrooms$916$837$79
3 Bedrooms$1,096$1,018$78
4 Bedrooms$1,191$1,246$55
Median Income$51,092$43,668$7,424

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
Full Indianapolis-Carmel-Anderson profile →

Lansing-East Lansing

Studio
$564/mo
1 BR
$685/mo
2 BR
$837/mo
3 BR
$1,018/mo
4 BR
$1,246/mo
Median Income
$43,668/yr
Full Lansing-East Lansing profile →

Frequently Asked Questions

Is Indianapolis-Carmel-Anderson or Lansing-East Lansing cheaper to rent in?
Lansing-East Lansing is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $79/mo or $948/year more expensive in Indianapolis-Carmel-Anderson (9% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Lansing-East Lansing?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Lansing-East Lansing, a 2-bedroom FMR is $837/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Lansing-East Lansing?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Lansing-East Lansing it is $43,668/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Lansing-East Lansing?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Lansing-East Lansing it is $564/mo.