Rent comparison · HUD FY2026
Indianapolis-Carmel, IN HUD Metro FMR Area vs Bloomington, IN HUD Metro FMR Area
How do Indianapolis-Carmel, IN HUD Metro FMR Area and Bloomington, IN HUD Metro FMR Area rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $1,267
- Indianapolis-Carmel, IN HUD Metro FMR Area (1BR)
- $1,072
- Bloomington, IN HUD Metro FMR Area (1BR)
- +18%
- 1BR difference
Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).
A 1-bedroom in Indianapolis-Carmel, IN HUD Metro FMR Area is 18% more expensive than Bloomington, IN HUD Metro FMR Area at the HUD Fair Market Rent level ($1,267 vs $1,072). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.
How Do Rents Compare By Bedroom?
| Bedrooms | Indianapolis-Carmel, IN HUD Metro FMR Area | Bloomington, IN HUD Metro FMR Area | Difference |
|---|---|---|---|
| Studio | $1,118 | $966 | +$152 (+16%) |
| 1 Bedroom | $1,267 | $1,072 | +$195 (+18%) |
| 2 Bedroom | $1,473 | $1,210 | +$263 (+22%) |
| 3 Bedroom | $1,907 | $1,572 | +$335 (+21%) |
| 4 Bedroom | $2,338 | $1,906 | +$432 (+23%) |
vs US National Average
National average 1BR: $959. Indianapolis-Carmel, IN HUD Metro FMR Area is 32% above the US average. Bloomington, IN HUD Metro FMR Area is 12% above.
Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).