Indianapolis-Carmel-Anderson vs McAllen-Edinburg-Mission
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
McAllen-Edinburg-Mission is 31% cheaper for renters. A 2-bedroom rents for $697/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $2,628/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | McAllen-Edinburg-Mission | Difference |
|---|---|---|---|
| Studio | $568 | $480 | $88 |
| 1 Bedroom | $718 | $568 | $150 |
| 2 Bedrooms | $916 | $697 | $219 |
| 3 Bedrooms | $1,096 | $893 | $203 |
| 4 Bedrooms | $1,191 | $982 | $209 |
| Median Income | $51,092 | $36,633 | $14,459 |
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
McAllen-Edinburg-Mission
- Studio
- $480/mo
- 1 BR
- $568/mo
- 2 BR
- $697/mo
- 3 BR
- $893/mo
- 4 BR
- $982/mo
- Median Income
- $36,633/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or McAllen-Edinburg-Mission cheaper to rent in?
McAllen-Edinburg-Mission is cheaper — a 2-bedroom Fair Market Rent is $697/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $219/mo or $2,628/year more expensive in Indianapolis-Carmel-Anderson (31% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs McAllen-Edinburg-Mission?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In McAllen-Edinburg-Mission, a 2-bedroom FMR is $697/month.
How do incomes compare between Indianapolis-Carmel-Anderson and McAllen-Edinburg-Mission?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In McAllen-Edinburg-Mission it is $36,633/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs McAllen-Edinburg-Mission?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In McAllen-Edinburg-Mission it is $480/mo.