Anderson, IN Rental Market Trends
What is the average rent in Anderson?
The average rent for an apartment in Anderson is $857. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Anderson, IN
| Average Rent | Average Apartment Size |
|---|---|
| $857 | 903 sq. ft. |
What is the average apartment size in Anderson?
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
10,268 or 44% of the households in Anderson, IN are renter-occupied while 13,044 or 55% are owner-occupied.
Anderson, IN Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Anderson, IN | $686 | $695 | $714 | $715 | $725 | $744 | $775 | $807 | $802 | $857 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Anderson, IN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Alliance Crossing | $871 |
| Apple Downs | $871 |
| Clearview | $871 |
| Crestlawn | $871 |
| Fall Creek Heights | $871 |
| Fox Trace | $871 |
| Greystone | $871 |
| Hilltop Heights | $871 |
| Meadowbrook Manor | $871 |
| Norris Heights | $871 |
| Paramount Springs | $871 |
| Scarlet Lakes | $871 |
| Scatterfield Village | $871 |
| South Main Village | $871 |
| Village Colony | $871 |
| Gridley | $864 |
| Davis Acres | $862 |
| Eastern Heights | $862 |
| Eastland | $862 |
| Emerald Glen | $862 |
| Extension Heights | $862 |
| Fairfax | $862 |
| Glyn Ellen | $862 |
| Heather Heights | $862 |
| Helmick | $862 |
| Heron Pointe | $862 |
| Highland Heights | $862 |
| Highland Park | $862 |
| Hillcrest | $862 |
| Indian Meadows | $862 |
| Kentwood Manor | $862 |
| Killbuck Terrace | $862 |
| Lakes at Killbuck | $862 |
| Mount Hope | $862 |
| Municipal Airport | $862 |
| Norwood Hills | $862 |
| Oakdale | $862 |
| River Park | $862 |
| Rolling Hills | $862 |
| Salyers Golden Acres | $862 |
| Wantland Manor | $862 |
| Del Mar Estates | $860 |
| Meadowbrook | $856 |
| Prosperity Heights | $851 |
| Blairs Green Acres | $837 |
| Brian F Maladys | $837 |
| Edgewood | $837 |
| Elmhurst | $837 |
| Forest Hills | $837 |
| Greenbriar Park | $837 |
| Keystone Woods | $837 |
| Oak Hill | $837 |
| Oak Park | $837 |
| Perkinsville | $837 |
| Rosewood | $837 |
| South Edgewood | $837 |
| Van Buskirk Heights | $837 |
| Western Village | $837 |
| Brentwood | $829 |
| Grandview | $829 |
| Downtown Anderson | $784 |
| Irondale | $784 |
What are the most affordable neighborhoods in Anderson?
The most affordable neighborhoods in Anderson are Downtown Anderson, where the average rent goes for $784/month, Irondale, where renters pay $784/mo on average, and Brentwood, where the average rent goes for $829/mo. If you’re looking for other great deals, check out the listings from Grandview ($829), Blairs Green Acres ($837), and Brian F Maladys ($837), where the asking prices are below the average Anderson rent of $857/mo.
What are the most expensive neighborhoods in Anderson?
The most expensive neighborhoods in Anderson are Scatterfield Village ($871), South Main Village ($871) and Village Colony ($871).
What are the most popular neighborhoods in Anderson?
The most popular neighborhood in Anderson is Brentwood, where there are 1 verified RentCafe listings with an average rent of $829. Next up is Clearview, where apartments go for $871/month, followed by Downtown Anderson with $784 If you’re looking to rent in Anderson’s most popular neighborhoods, make sure to also check out Gridley, where renters pay $864 on average, and Meadowbrook, where the average monthly rent is $856.
Anderson | Rent Comparison by Neighborhood
Rent in Alliance Crossing is the same as in Apple Downs
Alliance Crossing rent is 2% higher than Anderson average
| Average Rent | $871 |
|---|
Apple Downs rent is 2% higher than Anderson average
| Average Rent | $871 |
|---|
How Anderson Compares to Other Cities
| City | Average Rent |
|---|---|
| Indianapolis | $1,055 |
| Greenwood | $1,094 |
| Fort Wayne | $980 |
| Bloomington | $1,217 |
| Lafayette | $896 |
| Lawrence | $914 |
| Noblesville | $1,281 |
| South Bend | $1,151 |
| Fishers | $1,399 |
| Jeffersonville | $984 |
| Carmel | $1,455 |
| Avon | $1,369 |
| Greenfield | $988 |
| Whitestown | $1,387 |
| Plainfield | $1,313 |
| Westfield | $1,452 |
| Brownsburg | $1,332 |
| Anderson | $857 |
| Cumberland | $895 |
| Beech Grove | $1,026 |
| Lebanon | $873 |
Most Popular Apartments in Anderson
Four Winds Apartments
2601 Morning Star Lane, Anderson, IN 46011- 1 BED
- 2 BEDS
- 3 BEDS
- $950
- Ask for pricing
- $1,200