Average Rent in Anderson, IN

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Current Versus Historical Anderson, IN Rents

Anderson rentals average $500 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $850, or roughly $13 per square feet.
For the apartment units and housing in December 2023, median rents have fallenover the last year. Studio rentals prices have decreased by $147 (-22.68%) year-over-year from $647 to $500. 1-bedroom rentals prices have decreased by $59 (-8.09%) year-over-year from $732 to $673. 2-bedroom rentals prices have increased by $49 (6.07%) year-over-year from $813 to $863. 3-bedroom rentals prices have increased by $59 (5.57%) year-over-year from $1,066 to $1,125. 4-bedroom rentals prices have increased by $209 (18.36%) year-over-year from $1,141 to $1,350. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 21.05% this month. 1-bedroom rents have gone down by 10.09% this month. 2-bedroom rents have gone down by 0.77% this month. 3-bedroom rents have gone up by 3.13% this month. 4-bedroom rents have gone up by 11.72% this month.
Beds
Price / Sqft
Dec 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $12 $500 $647 (-22.68%) $1,048 (-52.30%)
1 BR $13 $673 $732 (-8.09%) $647 (3.99%)
2 BR $12 $863 $813 (6.07%) $747 (15.51%)
3 BR $13 $1,125 $1,066 (5.57%) $898 (25.23%)

Historical Rents in Anderson, IN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Anderson



Let's compare Anderson, IN's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Anderson



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Anderson

The average rent for rentals in these counties is $850. That's roughly around $13 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Anderson, IN. It's average rent per month is $850. Vice versa, with an average rent of $850, Anderson, IN is the most expensive county by Anderson, IN.

Typically, rent for studios in Anderson, IN is on par with the other counties nearby. In comparison, rent for one bedroom listings in Anderson, IN is on par with the other counties nearby. Finally, rent for two bedrooms in Anderson, IN is on par with the other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Anderson, IN $500 $650 $850 $850

Top Zipcodes Near Anderson



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Anderson Average Rents

What is the average rent price in Anderson, IN?
The average monthly rental price for Anderson, IN apartments for rent is approximately $850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Anderson, IN rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Anderson, IN.
How much is a studio apartment in Anderson, IN?
The average monthly rental price for studio apartments is $500 and an average price per square feet of $12.23. There are a total of 3 studio apartment listings currently available for rent in Anderson.
How much is a one bedroom apartment in Anderson, IN?
The average monthly rental price for one bedroom apartments is $650 and an average price per square feet of $13.09. There are a total of 15 one bedroom apartment listings currently available for rent in Anderson.
How much is a two bedroom apartment in Anderson, IN?
The average monthly rental price for two bedroom apartments is $850 and an average price per square feet of $12.12. There are a total of 25 two bedroom apartment listings currently available for rent in Anderson.
How have rent prices in Anderson, IN changed this year?
Rent prices for rentals in Anderson, IN can fluctuate yearly. Specifically, studio rental prices have changed by -0.23%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Anderson, IN?
A reasonable rent price in Anderson, IN is around $680/month. You can search for these reasonably priced rental listings on RentHop.
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