Moderate
40th Percentile
Metro Area
Fair Market Rent prices in Indianapolis-Carmel are
high
compared to the national average.
This FMR area is more expensive
than
84%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Indianapolis-Carmel is $1,065 per month.
The previous year, rent for a two-bedroom home was $939 per month.
This is a 13.42% increase year-over-year.
This FMR rate applies to Advance, IN, New Ross, IN, Colfax, IN, Kirklin, IN, Lizton, IN, Whitestown, IN, Jamestown, IN, Thorntown, IN, Pittsboro, IN, Sheridan, IN and other cities within the region.
The Metro Code or CBSA code for this region is METRO26900M26900.
Additionally, This Fair Market Rent (FMR) area Indianapolis-Carmel, IN HUD Metro FMR Area spans one county or city in Indiana which is listed in the table below.
Estimated population of Indianapolis-Carmel, IN HUD Metro FMR Area FMR area is 66,875 people based on latest Census data.
Compared to the rest of Indiana, the Indianapolis-Carmel FMR area is
more expensive than
98% of the state.
Indianapolis-Carmel Fair Market Rent