Cincinnati vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 1% cheaper for renters. A 2-bedroom rents for $916/mo vs $924/mo in Cincinnati — saving $96/year.
Rent by Unit Size
| Unit Size | Cincinnati | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $616 | $568 | $48 |
| 1 Bedroom | $741 | $718 | $23 |
| 2 Bedrooms | $924 | $916 | $8 |
| 3 Bedrooms | $1,099 | $1,096 | $3 |
| 4 Bedrooms | $1,252 | $1,191 | $61 |
| Median Income | $47,367 | $51,092 | $3,725 |
Cincinnati
- Studio
- $616/mo
- 1 BR
- $741/mo
- 2 BR
- $924/mo
- 3 BR
- $1,099/mo
- 4 BR
- $1,252/mo
- Median Income
- $47,367/yr
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
Frequently Asked Questions
Is Cincinnati or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $924/mo in Cincinnati. That's $8/mo or $96/year more expensive in Cincinnati (1% higher).
What is the 2-bedroom rent in Cincinnati vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Cincinnati is $924/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Cincinnati and Indianapolis-Carmel-Anderson?
The median household income in Cincinnati is $47,367/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Indianapolis-Carmel-Anderson has the higher median income.
What is the studio rent in Cincinnati vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Cincinnati is $616/mo. In Indianapolis-Carmel-Anderson it is $568/mo.