FairRentWize

Bakersfield vs Indianapolis-Carmel-Anderson

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Indianapolis-Carmel-Anderson is 11% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,018/mo in Bakersfield — saving $1,224/year.

Rent by Unit Size

Unit SizeBakersfieldIndianapolis-Carmel-AndersonDifference
Studio$683$568$115
1 Bedroom$854$718$136
2 Bedrooms$1,018$916$102
3 Bedrooms$1,326$1,096$230
4 Bedrooms$1,528$1,191$337
Median Income$67,968$51,092$16,876

Bakersfield

Studio
$683/mo
1 BR
$854/mo
2 BR
$1,018/mo
3 BR
$1,326/mo
4 BR
$1,528/mo
Median Income
$67,968/yr
Full Bakersfield profile →

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
Full Indianapolis-Carmel-Anderson profile →

Frequently Asked Questions

Is Bakersfield or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,018/mo in Bakersfield. That's $102/mo or $1,224/year more expensive in Bakersfield (11% higher).
What is the 2-bedroom rent in Bakersfield vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Bakersfield is $1,018/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Bakersfield and Indianapolis-Carmel-Anderson?
The median household income in Bakersfield is $67,968/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Bakersfield has the higher median income.
What is the studio rent in Bakersfield vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Bakersfield is $683/mo. In Indianapolis-Carmel-Anderson it is $568/mo.