Apartments for Rent in Anderson, IN

Prices and availability in Anderson, IN were last updated on 15 May 2026.

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

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 $1,317 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 average age of rental buildings in Anderson is 44 years old, with 11% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 95% are garden-style apartment communities, 5% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.