Indianapolis-Carmel-Anderson vs Little Rock-North Little Rock
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Little Rock-North Little Rock is 18% cheaper for renters. A 2-bedroom rents for $773/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,716/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Little Rock-North Little Rock | Difference |
|---|---|---|---|
| Studio | $568 | $514 | $54 |
| 1 Bedroom | $718 | $643 | $75 |
| 2 Bedrooms | $916 | $773 | $143 |
| 3 Bedrooms | $1,096 | $1,000 | $96 |
| 4 Bedrooms | $1,191 | $1,151 | $40 |
| Median Income | $51,092 | $44,379 | $6,713 |
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
Little Rock-North Little Rock
- Studio
- $514/mo
- 1 BR
- $643/mo
- 2 BR
- $773/mo
- 3 BR
- $1,000/mo
- 4 BR
- $1,151/mo
- Median Income
- $44,379/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Little Rock-North Little Rock cheaper to rent in?
Little Rock-North Little Rock is cheaper — a 2-bedroom Fair Market Rent is $773/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $143/mo or $1,716/year more expensive in Indianapolis-Carmel-Anderson (18% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Little Rock-North Little Rock?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Little Rock-North Little Rock, a 2-bedroom FMR is $773/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Little Rock-North Little Rock?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Little Rock-North Little Rock it is $44,379/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Little Rock-North Little Rock?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Little Rock-North Little Rock it is $514/mo.