Indianapolis-Carmel-Anderson vs Oklahoma City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Oklahoma City is 14% cheaper for renters. A 2-bedroom rents for $805/mo vs $916/mo in Indianapolis-Carmel-Anderson — saving $1,332/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Oklahoma City | Difference |
|---|---|---|---|
| Studio | $568 | $543 | $25 |
| 1 Bedroom | $718 | $673 | $45 |
| 2 Bedrooms | $916 | $805 | $111 |
| 3 Bedrooms | $1,096 | $1,023 | $73 |
| 4 Bedrooms | $1,191 | $1,127 | $64 |
| Median Income | $51,092 | $52,559 | $1,467 |
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
Oklahoma City
- Studio
- $543/mo
- 1 BR
- $673/mo
- 2 BR
- $805/mo
- 3 BR
- $1,023/mo
- 4 BR
- $1,127/mo
- Median Income
- $52,559/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Oklahoma City cheaper to rent in?
Oklahoma City is cheaper — a 2-bedroom Fair Market Rent is $805/mo vs $916/mo in Indianapolis-Carmel-Anderson. That's $111/mo or $1,332/year more expensive in Indianapolis-Carmel-Anderson (14% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Oklahoma City?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Oklahoma City, a 2-bedroom FMR is $805/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Oklahoma City?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Oklahoma City it is $52,559/year. Oklahoma City has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Oklahoma City?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Oklahoma City it is $543/mo.