Indianapolis-Carmel-Anderson vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 16% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,065/mo in Medford — saving $1,788/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Medford | Difference |
|---|---|---|---|
| Studio | $568 | $704 | $136 |
| 1 Bedroom | $718 | $865 | $147 |
| 2 Bedrooms | $916 | $1,065 | $149 |
| 3 Bedrooms | $1,096 | $1,318 | $222 |
| 4 Bedrooms | $1,191 | $1,480 | $289 |
| Median Income | $51,092 | $51,417 | $325 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Medford cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,065/mo in Medford. That's $149/mo or $1,788/year more expensive in Medford (16% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Medford?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Medford it is $51,417/year. Medford has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Medford?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Medford it is $704/mo.