Indianapolis-Carmel-Anderson vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 23% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,125/mo in Provo-Orem — saving $2,508/year.
Rent by Unit Size
| Unit Size | Indianapolis-Carmel-Anderson | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $568 | $707 | $139 |
| 1 Bedroom | $718 | $881 | $163 |
| 2 Bedrooms | $916 | $1,125 | $209 |
| 3 Bedrooms | $1,096 | $1,330 | $234 |
| 4 Bedrooms | $1,191 | $1,544 | $353 |
| Median Income | $51,092 | $72,225 | $21,133 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Indianapolis-Carmel-Anderson or Provo-Orem cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,125/mo in Provo-Orem. That's $209/mo or $2,508/year more expensive in Provo-Orem (23% higher).
What is the 2-bedroom rent in Indianapolis-Carmel-Anderson vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Indianapolis-Carmel-Anderson is $916/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Indianapolis-Carmel-Anderson and Provo-Orem?
The median household income in Indianapolis-Carmel-Anderson is $51,092/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Indianapolis-Carmel-Anderson vs Provo-Orem?
A studio apartment Fair Market Rent in Indianapolis-Carmel-Anderson is $568/mo. In Provo-Orem it is $707/mo.