Indianapolis-Carmel-Anderson vs Lubbock
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lubbock is 26% cheaper for renters. A 2-bedroom rents for $727/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $2,268/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Lubbock | Difference |
|---|---|---|---|
| Studio | $568 | $467 | $101 |
| 1 Bedroom | $718 | $585 | $133 |
| 2 Bedrooms | $916 | $727 | $189 |
| 3 Bedrooms | $1,096 | $896 | $200 |
| 4 Bedrooms | $1,191 | $1,003 | $188 |
| Median Income | $51,092 | $49,610 | $1,482 |
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
Lubbock
- Studio
- $467/mo
- 1 BR
- $585/mo
- 2 BR
- $727/mo
- 3 BR
- $896/mo
- 4 BR
- $1,003/mo
- Median Income
- $49,610/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Lubbock cheaper to rent in?
Lubbock is cheaper — a 2-bedroom Fair Market Rent is $727/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $189/mo or $2,268/year more expensive in Indianapolis-Carmel-Anderson (26% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Lubbock?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Lubbock, a 2-bedroom FMR is $727/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Lubbock?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Lubbock it is $49,610/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Lubbock?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Lubbock it is $467/mo.