Indianapolis-Carmel-Anderson vs Tyler
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Tyler is 21% cheaper for renters. A 2-bedroom rents for $757/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,908/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Tyler | Difference |
|---|---|---|---|
| Studio | $568 | $504 | $64 |
| 1 Bedroom | $718 | $624 | $94 |
| 2 Bedrooms | $916 | $757 | $159 |
| 3 Bedrooms | $1,096 | $960 | $136 |
| 4 Bedrooms | $1,191 | $1,128 | $63 |
| Median Income | $51,092 | $46,988 | $4,104 |
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
Tyler
- Studio
- $504/mo
- 1 BR
- $624/mo
- 2 BR
- $757/mo
- 3 BR
- $960/mo
- 4 BR
- $1,128/mo
- Median Income
- $46,988/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Tyler cheaper to rent in?
Tyler is cheaper — a 2-bedroom Fair Market Rent is $757/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $159/mo or $1,908/year more expensive in Indianapolis-Carmel-Anderson (21% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Tyler?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Tyler, a 2-bedroom FMR is $757/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Tyler?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Tyler it is $46,988/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Tyler?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Tyler it is $504/mo.