Anderson

Anderson, IN Area Guide

Avg Rent

$873

Population

59,159

Renter Mix

45% Rent

Historic charm and a modern industrial atmosphere

Suburbs Historic Charming Affordable

Anderson, Indiana sits as the county seat of Madison County, about 35 miles northeast of Indianapolis along Interstate 69, giving residents a genuine small-city feel with straightforward access to a major metro. The city traces its roots to a Lenape settlement known as Anderson's Town and later built its economy around natural gas-fueled manufacturing in the late 1800s. That industrial heritage still shapes the city's identity today, even as Anderson has steadily broadened its economic base. Anderson University anchors the local education scene and brings a steady academic presence to the community. Downtown hosts the historic Paramount Theatre, the Anderson Center for the Arts, and the Anderson Symphony Orchestra, offering a cultural life that consistently punches above the city's size. Neighborhoods range from close-knit streets near the White River corridor to quieter residential pockets spread across the city's 42 square miles. The rental market reflects Anderson's accessibility, with a range of apartment communities, townhomes, and single-family rental houses available at some of the more approachable price points in the state. For renters who want an established city with real character and a short drive to Indianapolis, Anderson delivers a grounded, practical place to call home.

Explore the City

Demographics

Median Household Income

$43,526

Average: $54,343

Education

9,855

Residents Have a Degree

Job Market

26,200

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

40 Years

Largest Age Group

25-34 Years

Approximately 13% of Residents

Under 20

24%

Over 65

20%

Housing Distribution

Anderson has more homeowners than renters.

Renters
45%
Non-Renters
55%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
11%
Other Education
89%

Rent Trends

As of April 2026, the average apartment rent in Anderson, IN is $537 for a studio, $873 for one bedroom, $1,014 for two bedrooms, and $1,252 for three bedrooms. Apartment rent in Anderson has increased by 4.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$873/month
625 Sq Ft
House
$1,084/month
772 Sq Ft
See Rental Market Trends in Anderson, IN

Getting Around

Fairly Walkable

Walkability

50 / 100

Moderately Drivable

Drivability

70 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Tenth Street Elementary School

Public

Grades K-5

462 Students

Anderson Intermediate School

Public

Grades K-5

943 Students

Valley Grove Elementary School

Public

Grades K-5

372 Students

Edgewood Elementary School

Public

Grades K-5

178 Students

Anderson Preparatory Academy

Public

Grades K-12

864 Students

Highland Jr High School

Public

Grades 6-8

914 Students

Anderson Preparatory Academy

Public

Grades K-12

864 Students

Anderson High School

Public

Grades 9-12

1,790 Students

Anderson Preparatory Academy

Public

Grades K-12

864 Students

The Excel Center - Anderson

Public

Grades 9-12

272 Students

Points of Interest

Top Apartments in Anderson

Houses for Rent in Anderson

Living in Anderson

History

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Anderson's history begins with a Lenape settlement called Anderson's Town, named for Chief William Anderson who guided the Delaware people here in the 1820s. The city transformed dramatically in the 1880s when the discovery of natural gas fueled a manufacturing boom, drawing factories and workers that shaped the dense, walkable neighborhoods still visible near downtown. The Paramount Theatre, a 1929 atmospheric movie palace with its signature Spanish courtyard design, stands as the most striking remnant of that prosperity and continues to host performances today. The Anderson Center for the Arts occupies a restored Carnegie library building, connecting the city's philanthropic past to its present cultural scene. Mounds State Park preserves earthworks built by the Adena people nearly 2,000 years ago, offering a connection to the region's deepest history. Downtown's older commercial blocks retain their early 20th-century facades, and former industrial buildings have found new life as mixed-use spaces, showing how Anderson balances preservation with practical adaptation.

Restaurants

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Anderson's dining scene punches above its size, with a range of options concentrated in and around downtown. The Nile has been a local staple for years, serving Egyptian, Lebanese, and Greek dishes including homemade hummus, spinakopita, and Egyptian meat pie, with strong vegetarian and vegan selections. Burger spots, neighborhood steakhouses, and casual bars fill out the everyday dining landscape, giving residents solid options for both quick meals and sit-down evenings. The Anderson City Market, held on Saturdays at Athletic Park during the growing season, draws residents with locally grown produce and homemade food, making it a reliable weekly ritual for those who enjoy cooking with fresh, regional ingredients.

Transportation

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Anderson is primarily a car-dependent city, and most residents rely on personal vehicles for daily errands, commuting, and regional travel. Interstate 85 is the main corridor connecting Anderson to Greenville in roughly 30 to 40 minutes to the northeast and to Clemson via US-76 in about 25 to 30 minutes to the north. US-29 and SC-28 handle a good share of local traffic through the city. The Greenville-Spartanburg International Airport is approximately 35 miles away and serves as the closest major air hub. Public transit options are limited, and while downtown sidewalks support walking near shops and restaurants, the city's overall walkability scores are low outside the core. The Anderson Sports and Entertainment Center offers walking paths, and Rocky River Nature Park provides trail access for those seeking recreational options on foot or by bike.

Parks

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Anderson's outdoor spaces give residents plenty of room to unwind close to home. Carolina Wren Park anchors downtown with open green space and serves as a gathering spot for community events. Linley Park offers shaded trails and neighborhood courts, making it a go-to for walkers and active residents. Rocky River Nature Park features walking trails through natural surroundings, while the Anderson Sports and Entertainment Center encompasses roughly 300 acres of parkland along with an amphitheater and open recreation areas. Beyond the city limits, Lake Hartwell provides boat ramps, picnic areas, and waterfront access within a short drive, extending the outdoor options available to Anderson renters considerably.

Cost

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Anderson's overall cost of living sits roughly 9 percent below the national average, with housing costs running well below what most U.S. cities see. Renters will find a wide range of price points across the market, with studios starting in the low $700s and two-bedroom apartments averaging around $1,176 per month. Larger three-bedroom units trend closer to $1,600 monthly, reflecting the city's mix of apartment communities, single-family rentals, and smaller residential properties. Utilities and transportation expenses also come in below national norms, contributing to Anderson's reputation as one of the more affordable mid-size markets in South Carolina.

Shopping

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Anderson's retail landscape is anchored by Anderson Mall and the Clemson Boulevard corridor, where big-box stores, national retailers, and everyday conveniences are clustered for straightforward errands. Downtown Anderson offers a more walkable retail experience, with locally owned shops spread across its preserved historic districts. The Concord and East Greenville Street corridors add neighborhood-scale markets and specialty stops to the mix. Residents also benefit from proximity to Greenville, roughly 30 to 40 minutes away, for broader regional shopping options. The downtown area regularly hosts community events that draw local vendors and makers, rounding out Anderson's approachable and grounded retail identity.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.