Indianapolis-Carmel-Anderson vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 31% cheaper for renters. A 2-bedroom rents for $698/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $2,616/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Laredo | Difference |
|---|---|---|---|
| Studio | $568 | $463 | $105 |
| 1 Bedroom | $718 | $552 | $166 |
| 2 Bedrooms | $916 | $698 | $218 |
| 3 Bedrooms | $1,096 | $851 | $245 |
| 4 Bedrooms | $1,191 | $966 | $225 |
| Median Income | $51,092 | $40,343 | $10,749 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $218/mo or $2,616/year more expensive in Indianapolis-Carmel-Anderson (31% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Laredo?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Laredo it is $40,343/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Laredo?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Laredo it is $463/mo.