What is the average apartment size in Anderson?

The average size for a Anderson, IN apartment is 905 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Anderson?

As of Oct / 2025, the average rent in Anderson is $1,044 per month, a 4.05% increase from last year’s average of $1,004.

What is the average apartment size in Anderson?

The typical apartment in Anderson offers about 905 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Anderson, IN Rental Market Trends

Q: What's the typical rent budget in Anderson?

The typical rent budget in Anderson ranges from $1,001 to $1,500 per month, with 58% of rentals in this range.

Q: Do most people rent or own in Anderson?

In Anderson, 44% of households rent while 56% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Anderson is $1,044, a 4.05% increase compared to the previous year, when the average rent was $1,004.

One-bedroom apartments provide 695 square feet for $912, balancing privacy and affordability.

Two-beedroom units at $1,041 offer 903 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,232 sq ft) for $1,261, suitable for larger households.

Average rent in Anderson, IN

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,044	905 sq. ft.
Studio	n/a	n/a
1 Bed	$912	695 sq. ft.
2 Beds	$1,041	903 sq. ft.
3 Beds	$1,261	1,232 sq. ft.

Anderson, IN rent trends

Rental prices in Anderson, IN have increased by 4.05% over the past year. The average rent moved from $1,004 to $1,044.

What's the typical rent budget in Anderson, IN?

The largest share of rentals in Anderson, IN (58%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Anderson, IN?

10,600 or 44% of the households in Anderson, IN are renter-occupied while 13,224 or 56% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Anderson, IN By Neighborhood

Neighborhood	Average Rent
Brentwood	$1,116
Scarlet Lakes	$988

Anderson | Rent Comparison by Neighborhood

Rent in Brentwood is 13% higher than in Scarlet Lakes

$1,116

Brentwood rent is 7% higher than Anderson average

Average Rent $1,116

$988

Scarlet Lakes rent is 5% lower than Anderson average

Average Rent $988

How Anderson Compares to Other Cities

City	Average Rent
Anderson	$1,044
Indianapolis	$1,250
Evansville	$1,024
Bloomington	$1,595
Fort Wayne	$1,126
New Albany	$1,114
Lafayette	$1,168
Jeffersonville	$1,223
Hammond	$1,224
South Bend	$1,343
Greenwood	$1,372
Carmel	$1,662
Fishers	$1,653
Muncie	$1,207
Noblesville	$1,542
Lawrence, IN	$1,219
Westfield, IN	$1,643
Greenfield, IN	$1,359
McCordsville, IN	$1,739
New Castle, IN	$1,021
Zionsville, IN	$1,731

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Anderson apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.