Rentometer, Inc. | Data as of 12/04/2025
Anderson, Indiana offers a diverse rental market that caters to a wide range of lifestyles, from vibrant downtown apartments to spacious family homes in quiet neighborhoods. Prospective renters will find a mix of modern studio and one‑bedroom units that generally sit in the $790‑$825 range, while larger two‑ and three‑bedroom apartments tend toward the $990‑$1,300 bracket. This variety ensures that both young professionals and growing families can locate a suitable living space without compromising on convenience or comfort.
For those seeking the privacy of a house, Anderson delivers appealing options across several bedroom configurations. One‑bedroom homes are typically priced in the $730‑$750 spectrum, two‑bedroom houses hover around the $970 mark, and three‑bedroom residences often fall within the $1,180‑$1,200 range. Larger homes with four or more bedrooms are available in the $1,600 tier, providing ample space for larger households or those desiring extra room for home offices and hobbies. These rental choices are scattered throughout well‑established neighborhoods such as River Forest, East Anderson, and the historic district near the Anderson Center for the Arts, each offering unique character and easy access to local amenities.
The city’s appeal extends beyond housing, with attractions like the Indiana State Fairgrounds, the historic Paramount Theatre, and the scenic White River Valley providing abundant recreation and cultural experiences. With its balanced mix of affordable apartments and spacious houses, Anderson remains an inviting destination for renters looking to enjoy the benefits of Midwestern living while staying close to shopping, dining, and outdoor activities.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $789 | $792 | $749 - $825 | $790 - $825 |
| Apartment | 1 Bedroom | $821 | $835 | $250 - $1,224 | $749 - $917 |
| Apartment | 2 Bedroom | $1,005 | $1,028 | $650 - $1,258 | $950 - $1,100 |
| Apartment | 3 Bedroom | $1,218 | $1,264 | $875 - $1,450 | $1,100 - $1,330 |
| House | 1 Bedroom | $9,632 | $750 | $550 - $70,000 | $700 - $800 |
| House | 2 Bedroom | $983 | $950 | $699 - $1,600 | $875 - $1,100 |
| House | 3 Bedroom | $1,185 | $1,200 | $700 - $1,700 | $1,050 - $1,300 |
| House | 4+ Bedroom | $1,629 | $1,250 | $650 - $3,000 | $1,195 - $1,800 |
In the current period, the average rent in Anderson was $790 for Studio, $4,598 for 1 Bedroom, $988 for 2 Bedroom, $1,188 for 3 Bedroom, and $1,626 for 4+ Bedroom.
Data provided by Rentometer, Inc.