Indianapolis-Carmel-Anderson vs Las Cruces
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Las Cruces is 14% cheaper for renters. A 2-bedroom rents for $806/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,320/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Las Cruces | Difference |
|---|---|---|---|
| Studio | $568 | $537 | $31 |
| 1 Bedroom | $718 | $638 | $80 |
| 2 Bedrooms | $916 | $806 | $110 |
| 3 Bedrooms | $1,096 | $949 | $147 |
| 4 Bedrooms | $1,191 | $1,133 | $58 |
| Median Income | $51,092 | $43,858 | $7,234 |
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
Las Cruces
- Studio
- $537/mo
- 1 BR
- $638/mo
- 2 BR
- $806/mo
- 3 BR
- $949/mo
- 4 BR
- $1,133/mo
- Median Income
- $43,858/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Las Cruces cheaper to rent in?
Las Cruces is cheaper — a 2-bedroom Fair Market Rent is $806/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $110/mo or $1,320/year more expensive in Indianapolis-Carmel-Anderson (14% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Las Cruces?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Las Cruces, a 2-bedroom FMR is $806/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Las Cruces?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Las Cruces it is $43,858/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Las Cruces?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Las Cruces it is $537/mo.