Anderson, IN Rental Market Trends
Highlights
The average rent for an apartment in Anderson is $683, a 2% increase compared to the previous year, when the average rent was $669.
Average Rent in Anderson, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $683 | 2% | 880 sq. ft. |
The average size for a Anderson, IN apartment is 880 square feet, but this number varies greatly depending on apartment type. 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
- < $5004%
- $501-$70063%
- $701-$1,00034%
Anderson, IN Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Mar / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Anderson, IN | $638 | $646 | $647 | $667 | $656 | $669 | $682 | $684 | $683 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Average Rent in Anderson, IN By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | Average Rent | ||||
| Irondale | $608 | ||||
| Downtown Anderson | $608 | ||||
| Gridley | $664 | ||||
| Village Colony | $669 | ||||
| South Main Village | $669 | ||||
| Scatterfield Village | $669 | ||||
| Scarlet Lakes | $669 | ||||
| Paramount Springs | $669 | ||||
| Norris Heights | $669 | ||||
| Meadowbrook Manor | $669 | ||||
| Hilltop Heights | $669 | ||||
| Greystone | $669 | ||||
| Fox Trace | $669 | ||||
| Fall Creek Heights | $669 | ||||
| Crestlawn | $669 | ||||
| Clearview | $669 | ||||
| Apple Downs | $669 | ||||
| Alliance Crossing | $669 | ||||
| Meadowbrook | $676 | ||||
| Del Mar Estates | $680 | ||||
| Grandview | $689 | ||||
| Brentwood | $689 | ||||
| Wantland Manor | $701 | ||||
| Salyers Golden Acres | $701 | ||||
| Rolling Hills | $701 | ||||
| River Park | $701 | ||||
| Oakdale | $701 | ||||
| Norwood Hills | $701 | ||||
| Municipal Airport | $701 | ||||
| Mount Hope | $701 | ||||
| Lakes at Killbuck | $701 | ||||
| Killbuck Terrace | $701 | ||||
| Kentwood Manor | $701 | ||||
| Indian Meadows | $701 | ||||
| Hillcrest | $701 | ||||
| Highland Park | $701 | ||||
| Highland Heights | $701 | ||||
| Heron Pointe | $701 | ||||
| Helmick | $701 | ||||
| Heather Heights | $701 | ||||
| Glyn Ellen | $701 | ||||
| Fairfax | $701 | ||||
| Extension Heights | $701 | ||||
| Emerald Glen | $701 | ||||
| Eastland | $701 | ||||
| Eastern Heights | $701 | ||||
| Davis Acres | $701 | ||||
| Prosperity Heights | $702 | ||||
| Western Village | $704 | ||||
| Van Buskirk Heights | $704 | ||||
| South Edgewood | $704 | ||||
| Rosewood | $704 | ||||
| Perkinsville | $704 | ||||
| Oak Park | $704 | ||||
| Oak Hill | $704 | ||||
| Keystone Woods | $704 | ||||
| Greenbriar Park | $704 | ||||
| Forest Hills | $704 | ||||
| Elmhurst | $704 | ||||
| Edgewood | $704 | ||||
| Brian F Maladys | $704 | ||||
| Blairs Green Acres | $704 | ||||
The most affordable neighborhoods in Anderson are Downtown Anderson, where the average rent goes for $608/month, Irondale, where renters pay $608/mo on average, and Gridley, where the average rent goes for $664/mo. If you’re looking for other great deals, check out the listings from Alliance Crossing ($669), Apple Downs ($669), and Clearview ($669), where the asking prices are below the average Anderson rent of $683/mo.
The most expensive neighborhoods in Anderson are South Edgewood ($704), Van Buskirk Heights ($704) and Western Village ($704).
Anderson | Rent Comparison by Neighborhood
Rent in Alliance Crossing is the same as in Apple Downs
Alliance Crossing rent is 2% lower than Anderson average
| Average Rent | $669 |
|---|
Apple Downs rent is 2% lower than Anderson average
| Average Rent | $669 |
|---|
How Does Anderson Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Pendleton | $852 | -2% |
| Pendleton Town | $852 | -2% |
| Anderson | $683 | 2% |
| Alexandria | $711 | 6% |
| Country Club Heights | $704 | 3% |
For more information about the Anderson rental trends, check out our monthly rent report