Indianapolis-Carmel-Anderson vs Twin Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Twin Falls is 18% cheaper for renters. A 2-bedroom rents for $779/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,644/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Twin Falls | Difference |
|---|---|---|---|
| Studio | $568 | $499 | $69 |
| 1 Bedroom | $718 | $637 | $81 |
| 2 Bedrooms | $916 | $779 | $137 |
| 3 Bedrooms | $1,096 | $969 | $127 |
| 4 Bedrooms | $1,191 | $1,077 | $114 |
| Median Income | $51,092 | $48,297 | $2,795 |
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
Twin Falls
- Studio
- $499/mo
- 1 BR
- $637/mo
- 2 BR
- $779/mo
- 3 BR
- $969/mo
- 4 BR
- $1,077/mo
- Median Income
- $48,297/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Twin Falls cheaper to rent in?
Twin Falls is cheaper — a 2-bedroom Fair Market Rent is $779/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $137/mo or $1,644/year more expensive in Indianapolis-Carmel-Anderson (18% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Twin Falls?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Twin Falls, a 2-bedroom FMR is $779/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Twin Falls?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Twin Falls it is $48,297/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Twin Falls?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Twin Falls it is $499/mo.