Homes For Rent in Anderson, IN

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What to Know About

Life in Anderson & Beyond

Anderson shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Anderson, IN

As of March 2025, Anderson's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Anderson's average rent is 25.3% ($327) lower than the Indiana average of $1,294 and 45.9% ($821) lower than the U.S. average of $1,788.

Average Rent
$967
Monthly ChangeMonth Over Month Change
Decreased1.1% ($11)
Yearly ChangeYear Over Year Change
Decreased7.2% ($75)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $829 Increased0.2% ($2) Decreased3.9% ($34)
2 Beds $1,042 Decreased1% ($11) Decreased0.2% ($2)
3 Beds $1,204 Decreased1.1% ($13) Decreased1.9% ($23)
Nearby Cities Average Rent Avg. Rent vs. AndersonAverage Rent vs. Anderson Avg. Days on MarketAverage Days on Market
Pendleton $1,354 Increased40% ($387) 36 days
Middletown $867 Decreased10.3% ($100) 32 days
Yorktown $1,120 Increased15.8% ($153) 66 days
Ingalls $1,299 Increased34.3% ($332) 34 days
Elwood $951 Decreased1.7% ($16) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Anderson Rental Market FAQs

Explore rental prices, market trends, and availability in Anderson, IN.

The average rent in Anderson, IN is $967 per month.
Homes in Anderson typically rent for between $600 and $1,565 per month, with an average of $967 per month.
In Anderson, the average rent for a 1-bedroom home is $829 per month, for a 2-bedroom home, $1,042 per month, and a 3-bedroom home is $1,204 per month.
The average rent in Anderson is 45.9% ($821) lower than the national average of $1,788 per month.
The average rent in Anderson has decreased by 1.1% ($11) in the last month and decreased by 7.2% ($75) over the past year.
The rental market in Anderson, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Anderson, IN, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 63 rental properties available in Anderson, IN.
Based on the current averages, a household would need an annual income of $41,680 to comfortably afford a 2-bedroom home in Anderson.
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