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Apartments for Rent in Anderson, IN under $1200

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  • Rewards Only 3 units left
    1 bd $962
    2 bd $1,132
    Base rent Income restricted
    Verified Listing

    Applecreek

    3.5 (6)
    1326 Mcintosh Lane, Anderson, IN 46013
    Apply online • Pet friendly • Parking
  • 1 bd $900
    Base rent
    Verified Listing

    414 Ruddle Avenue, Unit B

    414 Ruddle Avenue, Anderson, IN 46012
    Pet friendly • Dishwasher
  • 4 bd $1,200
    Base rent
    Verified Listing

    303 W 2nd St

    303 W 2Nd St, Anderson, IN 46016
    In unit laundry • Patio/Balcony

  • More Rentals Near Anderson, IN

  • 2 bd $1,042
    Base rent Income restricted
    Verified Listing

    Salem Place Apartments

    4.5 (21)
    14700 Davis Drive, Daleville, IN 47334
    Pet friendly • Fitness center • In unit laundry
  • Only 1 unit left
    2 bd $1,150
    Base rent
    Verified Listing

    5505-5507 West Keller Road

    5505-5507 West Keller Road, Muncie, IN 47304
    Apply online • Pet friendly
  • Rent specials Only 3 units left
    2 bd $1,199
    Base rent
    Verified Listing

    Mill Pond Apartments

    4.5 (12)
    5310 W Keller Rd #4, Muncie, IN 47304
    Apply online • Pet friendly • In unit laundry
  • 1 bd $1,050
    2 bd $999+
    Base rent
    Verified Listing

    Grissom Estates Apartments

    4.5 (13)
    89 West Brinton St., Cicero, IN 46034
    Apply online • Pet friendly • Dishwasher
  • Rent specials
    1 bd $1,175+
    Base rent
    Verified Listing

    Sand Creek Woods

    5.0 (5)
    11640 Breezy Point Ln, Fishers, IN 46037
    Apply online • Cat friendly • Parking
  • 4-5-city

Frequently asked questions

When were prices and availability in Anderson, IN last updated?

Prices and availability in Anderson, IN were last updated on 22 Oct 2026.

What are the best apartments in Anderson, IN?
What type of rental buildings are in Anderson, IN?

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.

Renting apartments in Anderson, IN under $1,200

Searching for apartments for rent in Anderson, IN under $1,200 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Anderson, IN, where the average rent is $1,063 per month, there are 14 units available for less than $1,200. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,200” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Anderson, IN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Anderson, IN going for $750 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.