Indianapolis-Carmel-Anderson vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 7% cheaper for renters. A 2-bedroom rents for $916/mo vs $980/mo in New Orleans-Metairie — saving $768/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $568 | $644 | $76 |
| 1 Bedroom | $718 | $781 | $63 |
| 2 Bedrooms | $916 | $980 | $64 |
| 3 Bedrooms | $1,096 | $1,243 | $147 |
| 4 Bedrooms | $1,191 | $1,319 | $128 |
| Median Income | $51,092 | $50,082 | $1,010 |
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
New Orleans-Metairie
- Studio
- $644/mo
- 1 BR
- $781/mo
- 2 BR
- $980/mo
- 3 BR
- $1,243/mo
- 4 BR
- $1,319/mo
- Median Income
- $50,082/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or New Orleans-Metairie cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $980/mo in New Orleans-Metairie. That's $64/mo or $768/year more expensive in New Orleans-Metairie (7% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Indianapolis-Carmel-Anderson and New Orleans-Metairie?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In New Orleans-Metairie it is $50,082/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In New Orleans-Metairie it is $644/mo.