Rental market snapshot for Anderson, Indiana

Anderson, Indiana Rental Property Market Overview

Anderson, Indiana is a city located in Madison County, Indiana. According to the US Census, the population of Anderson, Indiana in 2021 is 54,817. Anderson is known for its historic downtown area, which features a variety of shops, restaurants, and entertainment venues. The city is also home to Anderson University, a private Christian university. Anderson is a great place to live, work, and play, offering a variety of activities and attractions for residents and visitors alike.

The average rent for an apartment in Anderson is $1,176. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 4.1% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Anderson Indiana | Cost of Living

  • The most expensive ZIP Code in Anderson is 46017 with an average price of $1,450
  • The cheapest ZIP Code in Anderson is 46012 with an average price of $775

Anderson ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
146017$1,450
246013$1,260
346012$995
446011$975
546016$900

Live near Anderson, Indiana's Top Sights and Attractions

Greater Community Center & Park is a popular attraction in Anderson, Indiana. It is a large park with a variety of activities for people of all ages. The park features a playground, walking trails, picnic areas, basketball courts, a disc golf course, and a fishing pond. There is also a community center with a gymnasium, meeting rooms, and a library. The park is a great place to spend time outdoors with family and friends.

Shadyside Memorial Park is a beautiful outdoor area located in Anderson, Indiana. It features a large lake surrounded by lush green grass and trees. There are plenty of walking trails, picnic areas, and playgrounds for visitors to enjoy. The park also has a variety of wildlife, including ducks, geese, and other birds. Visitors can also take part in fishing, boating, and other recreational activities. The park is a great place to spend a day with family and friends, or to just relax and take in the beauty of nature.

Mounds State Park is a nature preserve located in Anderson, Indiana. It features 10 unique Native American earthworks, or mounds, that were built by the prehistoric Adena and Hopewell cultures. The park also features a variety of trails, picnic areas, and a nature center. Visitors can explore the mounds and learn about the history of the area, as well as enjoy the natural beauty of the park.

Xtreme Alternative Defense Systems is an indoor shooting range and gun store located in Anderson, Indiana. It features a variety of firearms, ammunition, and accessories for sale, as well as a 25-yard indoor shooting range. The range is equipped with state-of-the-art target retrieval systems and a variety of shooting lanes. The facility also offers gunsmithing services, firearms training classes, and a variety of other services.

Gustav Jeeninga Museum Of Bible And Near Eastern Studies is a museum dedicated to the study of the Bible and its related Near Eastern cultures. It features a variety of exhibits, including artifacts, manuscripts, and photographs, as well as interactive displays and educational programs. Visitors can explore the history of the Bible and its influence on the world, as well as the cultures of the Near East. The museum also offers lectures, workshops, and other special events.

Fairview Park is a picturesque park located on the banks of the White River. It features a variety of outdoor activities, including walking trails, a playground, picnic areas, and a fishing pond. The park also has a large open field, perfect for sports and other activities. The park is well-maintained and offers a peaceful and tranquil atmosphere for visitors to enjoy.

Citizens Plaza Park is a vibrant public park located in a bustling downtown area. The park features a large open green space, perfect for picnics and outdoor activities. There is also a playground for children, a gazebo, and a walking path. The park is surrounded by a variety of shops, restaurants, and other attractions, making it a great place to spend an afternoon.

Passages is an interactive outdoor art experience located in Anderson, Indiana. It features a series of large-scale sculptures, murals, and installations that explore the history of the city and its people. Visitors can explore the artworks, which are spread out across a large area, and take in the unique atmosphere of the area. The artworks are designed to evoke a sense of wonder and exploration, and to inspire conversations about the city's past and present.

Meadowbrook Park is a scenic park located in a rural area of Indiana. It features a variety of outdoor activities, such as hiking, biking, fishing, and picnicking. There is also a large lake with a beach, a playground, and a disc golf course. The park is surrounded by lush green trees and rolling hills, making it a great spot for a peaceful day outdoors.

Westvale Park is a beautiful outdoor space located in Anderson, Indiana. It features a large lake with a walking path, a playground, and a picnic area. There are also several sports fields, including a baseball diamond, a soccer field, and a basketball court. The park also has a pavilion, a gazebo, and a concession stand. In addition, there are several trails for hiking and biking, as well as a disc golf course. The park is a great place to spend a day outdoors with family and friends.

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Anderson, Indiana area median rent change by ZIP Code map

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How does Anderson compare to other cities in Indiana ?

citymedian price
Pendleton$1,969
Mooresville$1,675
Carmel$1,960
Greenwood$1,650
Gary$875
Highland$1,364
New Albany$975

Average household income in Anderson area graph - US Census

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The median household income in Anderson in 2021 was $37,110. This represents a 5.0% change from 2011 when the median was $35,330.

#categorypercent
0Less than $10,0009.8%
1$10,000 to $14,9997.9%
2$15,000 to $19,9997.7%
3$20,000 to $24,9997.6%
4$25,000 to $29,9997.0%
5$30,000 to $34,9996.8%
6$35,000 to $39,9996.7%
7$40,000 to $44,9994.3%
8$45,000 to $49,9994.6%
9$50,000 to $59,9998.6%
10$60,000 to $74,9999.8%
11$75,000 to $99,9999.2%
12$100,000 to $124,9995.4%
13$125,000 to $149,9992.4%
14$150,000 to $199,9991.3%
15$200,000 or more0.9%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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