Harter House Anderson LLC
600 Main St,
Anderson, IN 46016
Studio - 1 Bed | $749 - $865
Rental Market Trends in Anderson, IN
What is the average rent in Anderson, IN?
$822/month
Average Rent
634 Sq Ft
Average Apartment Size
-1.3%
Decrease in the Last Year
As of June 2025, the average rent in Anderson, IN is $822 per month. This is 49% lower than the national average rent of $1,627/month, making renting in Anderson more affordable than most cities in the US. When you rent an apartment in Anderson, you can expect to pay about $518 per month for a studio, $822 for a one-bedroom apartment, and around $968 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,172 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Anderson, IN?
In the past year, rent has decreased by 1.3%, which averages out to $10 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024
2025
Rent Ranges in Anderson, IN
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
24%
Below $700/month
52%
$700 - $1,000/month
24%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Anderson?
Based on current rent prices, Northcrest is the most affordable neighborhood in Anderson.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Anderson?
Based on current rent prices, Northcrest is the most expensive neighborhood in Anderson.
Neighborhood
Average Rent
Average Sq Ft
Which Anderson neighborhoods have the most rentals available?
The neighborhood in Anderson with the most apartments available is Northcrest .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Anderson, IN?
Because the average rent in Anderson is $822, you’ll want to make about $2,740 per month or $32,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Anderson, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Anderson, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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One Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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 June 2025.
* Percentages may not total 100 due to rounding.