
Cheap Homes for Rent in Anderson, IN from $600 (32 Rentals)
Search the lowest-cost Homes available for rent right now in Anderson.


3119 Jefferson St

2410 Central Ave

1208 W 22nd St

309.5 Central Ave

2210 Walnut St, Unit B

832 E 7th St

21 W 8th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1807 Raible Ave

2327 Jackson St

519 W 2nd St

2002 Arrow Ave

2415 Cedar St

1502 Cedar St

2315 Chase St

405 E 34th St
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.

2327 Jackson St

2439 Chase St

1609 Brown St

231 E 13th St

123 Donnelly Dr

2324 Chase St

2710 Fletcher St

4801 E Co Rd 67
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.

4801 E Co Rd 67

4801 E Co Rd 67

4801 E Co Rd 67

4801 E Co Rd 67

144 Hollywood Blvd

144 Hollywood Blvd

144 Hollywood Blvd

2505 Delaware 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 a home in Anderson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anderson 2 Bedroom Homes for Rent | $1,031 | $700 | $1,800 |
| Anderson 3 Bedroom Homes for Rent | $1,241 | $925 | $2,500 |
| Anderson 4 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
| Anderson 5 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
Browse Top Homes for Rent in Anderson
Explore Anderson
Anderson, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available 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 |
Best Value Apartments for Rent in Anderson, IN
As of March 22, 2026 the best value apartment in the Anderson area is the $0.92 price per square foot Townhouse Model at Sun Valley Townhomes in the starting from $1,300. The second greatest value Anderson apartment is the 202 W 3rd St Model at 202 W 3rd St, Unit 1 starting at $950 with a $0.79 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. |
|---|---|---|---|
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| 202 W 3rd St, Unit 1 | 202 W 3rd St | 3BR,1BA | $0.79 |
| 2331 Broadway St, Unit .5 | 2331 Broadway St | 3BR,2BA | $0.89 |
| 921 W 8th St, Unit A | 921 W 8th St | 2BR,1BA | $0.80 |
| Hoosier Woods | 2X2 60% | 2BR,2BA | $1.04 |
| 3121 Jefferson St | 3121 Jefferson St | 1BR,1BA | $0.72 |
| 919 Walnut St, Unit B | 919 Walnut St | 1BR,1BA | $0.78 |
| 919 W 8th St, Unit B | 919 W 8th St | 1BR,1BA | $0.81 |
| 2202 Silver St, Unit B | 2202 Silver St | 1BR,1BA | $0.94 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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
Frequently Asked Questions about Anderson
What type of rentals are currently available in Anderson?
There are currently 127 Apartments for Rent in Anderson, IN with pricing that ranges from $250 to $1,725. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anderson ranging from $625 to $2,500.
What is the current price range for Rental Homes in Anderson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Anderson ranges from $625 to $2,500 with an average monthly rent of $1,179.
How much are larger Three and Four Bedroom Rentals in Anderson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Anderson range from $803 to $1,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,399.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.