Indianapolis-Carmel-Anderson vs Missoula
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 18% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,081/mo in Missoula — saving $1,980/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Missoula | Difference |
|---|---|---|---|
| Studio | $568 | $762 | $194 |
| 1 Bedroom | $718 | $909 | $191 |
| 2 Bedrooms | $916 | $1,081 | $165 |
| 3 Bedrooms | $1,096 | $1,423 | $327 |
| 4 Bedrooms | $1,191 | $1,651 | $460 |
| Median Income | $51,092 | $73,596 | $22,504 |
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
Missoula
- Studio
- $762/mo
- 1 BR
- $909/mo
- 2 BR
- $1,081/mo
- 3 BR
- $1,423/mo
- 4 BR
- $1,651/mo
- Median Income
- $73,596/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Missoula cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,081/mo in Missoula. That's $165/mo or $1,980/year more expensive in Missoula (18% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Missoula?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Missoula, a 2-bedroom FMR is $1,081/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Missoula?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Missoula it is $73,596/year. Missoula has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Missoula?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Missoula it is $762/mo.