Apartments for Rent in Anderson, IN

Prices and availability in Anderson, IN were last updated on 3 Jun 2026.

The best apartments in Anderson, IN are: Applecreek, 330 E 12 St, Cottages of Anderson, 316 Avalon Ln. and 125 Millcreek Dr..

The average rent in Anderson, IN is $1,005.

The price range for a 1-bedroom apartment in Anderson, IN is between $850 and $915.

The price range for a 2-bedroom apartment in Anderson, IN is between $1,032 and $1,100.

The price range for a 3-bedroom apartment in Anderson, IN is between $1,200 and $1,450.

In Anderson, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Anderson's rentals, 40% are small-scale complexes with under 50 units, and 51% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Anderson are about 44 years old, on average. Of these, 11% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, 5% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Anderson come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 32% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Anderson. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.