Indianapolis-Carmel-Anderson vs Nashville-Davidson-Murfreesboro
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 25% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,144/mo in Nashville-Davidson-Murfreesboro — saving $2,736/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Nashville-Davidson-Murfreesboro | Difference |
|---|---|---|---|
| Studio | $568 | $733 | $165 |
| 1 Bedroom | $718 | $920 | $202 |
| 2 Bedrooms | $916 | $1,144 | $228 |
| 3 Bedrooms | $1,096 | $1,439 | $343 |
| 4 Bedrooms | $1,191 | $1,613 | $422 |
| Median Income | $51,092 | $74,218 | $23,126 |
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
Nashville-Davidson-Murfreesboro
- Studio
- $733/mo
- 1 BR
- $920/mo
- 2 BR
- $1,144/mo
- 3 BR
- $1,439/mo
- 4 BR
- $1,613/mo
- Median Income
- $74,218/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Nashville-Davidson-Murfreesboro cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,144/mo in Nashville-Davidson-Murfreesboro. That's $228/mo or $2,736/year more expensive in Nashville-Davidson-Murfreesboro (25% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Nashville-Davidson-Murfreesboro?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Nashville-Davidson-Murfreesboro, a 2-bedroom FMR is $1,144/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Nashville-Davidson-Murfreesboro?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Nashville-Davidson-Murfreesboro it is $74,218/year. Nashville-Davidson-Murfreesboro has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Nashville-Davidson-Murfreesboro?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Nashville-Davidson-Murfreesboro it is $733/mo.