
Cheap Homes for Rent in Anderson, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Anderson.


1051 Sycamore St

314 Locust St

1125 W 1st St

1807 Raible Ave
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.

203 W 4th St

1622 E 18th St

1726 Greenwood Dr

1318 Nelle 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.

1121 E 29th St
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 | $1,296 | $1,000 | $1,750 |
Anderson 3 Bedroom Homes for Rent | $1,526 | $995 | $2,515 |
Anderson 4 Bedroom Homes for Rent | $1,615 | $1,200 | $2,800 |
Anderson 5 Bedroom Homes for Rent | $2,628 | $2,500 | $2,850 |
Browse Top Homes for Rent in Anderson
Explore 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 |
Best Value Apartments for Rent in Anderson, IN
As of June 13, 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 2x2FP R Model at Cross Lakes Apartments starting at $1,224 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 | 2x2FP R | 2BR,2BA | $1.34 |
Cedar Ridge Townhomes | The Maple | 2BR,1BA | $1.14 |
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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Frequently Asked Questions about Anderson
What type of rentals are currently available in Anderson?
There are currently 106 Apartments for Rent in Anderson, IN with pricing that ranges from $250 to $2,800. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anderson ranging from $650 to $2,850.
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 $650 to $2,850 with an average monthly rent of $1,568.
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 $935 to $2,169, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,180.
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.