
Cheap Apartments for Rent in Anderson, IN from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Anderson.


202 E 13th St

2002 Jefferson St

2112 Lafayette St

Bay Terrace Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Hoosier Woods Apartments

913-915 Morton St

526 W 9th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

901-903 E 32nd St

1712 Jefferson St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Anderson, IN Local Guide

How much does it cost to rent an apartment in Anderson?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Anderson Studio Apartments | $758 | $650 | $825 |
Cheap Anderson 1 Bedroom Apartments | $850 | $250 | $1,060 |
Cheap Anderson 2 Bedroom Apartments | $1,039 | $725 | $2,800 |
Cheap Anderson 3 Bedroom Apartments | $1,209 | $935 | $2,169 |
Cheap Anderson 4 Bedroom Apartments | $1,180 | $1,180 | $1,180 |
Browse Top Apartments in Anderson
See all Apartments in AndersonExplore Anderson
Anderson, IN Local Guide
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Cheapest Available Anderson Apartments for Rent
 The cheapest available apartment rental in Anderson, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Harter House Anderson LLC has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Anderson apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
Harter House Anderson LLC | Rose | Studio,1BA | $749 |
North Pointe Commons | 1BR/1BA | 1BR,1BA | $775 |
Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
Best Value Apartments for Rent in Anderson, IN
As of June 14, 2025 the best value apartment in the Anderson area is the $0.53 price per square foot 919 Walnut St Model at 919 Walnut St in the starting from $950. The second greatest value Anderson apartment is the 1x1 R-Prem Model at Cross Lakes Apartments starting at $1,019 with a $1.34 price per square foot . Here is today’s list of the best values for Anderson apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
919 Walnut St | 919 Walnut St | 3BR,1BA | $0.53 |
Cross Lakes Apartments | 1x1 R-Prem | 1BR,1BA | $1.34 |
Cedar Ridge Townhomes | The Fir | 2BR,1BA | $1.20 |
832 E 7th St, Unit 832 | 832 E 7th St | 2BR,1BA | $1.04 |
Villages on Madison Apartments | 1x1 R-Prem | 1BR,1BA | $1.51 |
Applecreek | .The Washington | 1BR,1BA | $1.48 |
North Pointe Commons | 1BR/1BA | 1BR,1BA | $1.41 |
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
917 E 8th St, Unit 4 | 917 E 8th St | 1BR,1BA | $1.21 |
1712 Main St, Unit 2 | 1712 Main St | 2BR,1BA | $1.50 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Anderson, IN Rentals by Map
See the most popular apartments and homes in Anderson, IN
Getting Around Anderson, IN
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Anderson Apartments
What is the Cheapest Studio apartment in Anderson?
Currently the most affordable Cheap Studio Apartment in Anderson is at Harter House Anderson LLC listed at $749.
How much is rent for a Cheap One Bedroom Anderson Apartment?
The lowest price for a Cheap One Bedroom Anderson Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom Anderson Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Anderson is starting from $900 at North Pointe Commons.
What is the most affordable Anderson Three Bedroom Apartment?
The best deal on a cheap Anderson Three Bedroom Apartment rental is at North Pointe Commons and starts from $1,100.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.