Anderson, IN Rental Market Trends
The average rent for an apartment in Anderson is $744, a 4% increase compared to the previous year, when the average rent was $714.
Average Rent in Anderson, IN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$744||4%||903 sq. ft.|
The average size for a Anderson, IN apartment is 903 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.
Anderson, IN Apartment Rent Ranges
Anderson, IN Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
10,003 or 43% of the households in Anderson, IN are renter-occupied while 13,064 or 56% are owner-occupied.
Anderson, IN Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Mar / 2021|
Average Rent in Anderson, IN By Neighborhood
|Blairs Green Acres||$770|
|Brian F Maladys||$770|
|Van Buskirk Heights||$770|
|Lakes at Killbuck||$749|
|Salyers Golden Acres||$749|
|Del Mar Estates||$748|
|Fall Creek Heights||$737|
|South Main Village||$737|
The most affordable neighborhoods in Anderson are Downtown Anderson, where the average rent goes for $650/month, Irondale, where renters pay $650/mo on average, and Gridley, where the average rent goes for $730/mo. If you’re looking for other great deals, check out the listings from Alliance Crossing ($737), Apple Downs ($737), and Clearview ($737), where the asking prices are below the average Anderson rent of $744/mo.
The most expensive neighborhoods in Anderson are South Edgewood ($770), Van Buskirk Heights ($770) and Western Village ($770).
The most popular neighborhood in Anderson is Brentwood, where there are 1 verified RENTCafé listings with an average rent of $751. Next up is Clearview, where apartments go for $737/month, followed by Downtown Anderson with $650 If you’re looking to rent in Anderson’s most popular neighborhoods, make sure to also check out Extension Heights, where renters pay $749 on average, and Hillcrest, where the average monthly rent is $749.
Anderson | Rent Comparison by Neighborhood
Rent in Alliance Crossing is the same as in Apple Downs
Alliance Crossing rent is 1% lower than Anderson average
Apple Downs rent is 1% lower than Anderson average
How Anderson Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Anderson rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!