2417 Pearl St
AndersonIN46016
Cheap Homes for Rent in Anderson, IN from $650 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Anderson.
309.5 Central Ave
AndersonIN46012
332 W 6th St
AndersonIN46016
2316 Walnut St
AndersonIN46016
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$7751 Bedroom Apartments Available Now
712 Ranike Dr, Unit 3
712 Ranike DrAnderson, IN 46012
813 E 29th St
AndersonIN46016
223 E 11th St
AndersonIN46016
420 E 14th St
AndersonIN46016
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2422 Lincoln St
AndersonIN46016
1807 Raible Ave
AndersonIN46011
1310 W 13th St
AndersonIN46016
1631 W 7th St
AndersonIN46016
735 Mellen Dr
AndersonIN46013
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$9501 Bedroom Apartments Available Now
817 W 53rd St, Unit 817
817 W 53rd StAnderson, IN 46013
420 W 25th St
AndersonIN46016
1614 W 18th St
AndersonIN46016
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
4106 Delaware St
AndersonIN46013
216 N Delaware St
AndersonIN46016
1327 Arrow Ave
AndersonIN46016
1120 W 4th St
AndersonIN46016
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$1,0002 Bedroom Apartments Available Now
2800 Crystal St, Unit K-6
2800 Crystal StAnderson, IN 46012
1311 Fletcher St
AndersonIN46016
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$1,0002 Bedroom Apartments Available Now
2800 Crystal St, Unit K-2
2800 Crystal StAnderson, IN 46012
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$1,0002 Bedroom Apartments Available Now
2800 Crystal St, Unit M-2
2800 Crystal StAnderson, IN 46012
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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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 | $1,030 | $650 | $1,400 |
| Anderson 3 Bedroom Homes for Rent | $1,397 | $900 | $2,875 |
| Anderson 4 Bedroom Homes for Rent | $1,450 | $1,200 | $1,600 |
| Anderson 5 Bedroom Homes for Rent | $2,085 | $2,085 | $2,085 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 in the Anderson neighborhood priced from $250. 602-610 Meridian in the Anderson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. 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 |
| 602-610 Meridian | 1BR/1.0BA | 1BR,1BA | $725 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| 4415 Columbus Ave | 2BR/1.0BA | 2BR,1BA | $800 |
Best Value Apartments for Rent in Anderson, IN
As of September 06, 2026 the best value apartment in the Anderson area is the $1.13 price per square foot The Jonathan Model at Applecreek (534) in the in the Anderson neighborhood starting from $1,132. The second greatest value Anderson apartment is the 2 Bed 1.5 Bath Model at Four Winds Apartments starting at $1,150 with a $1.17 price per square foot in the Anderson neighborhood. 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. |
|---|---|---|---|
| Applecreek (534) | The Jonathan | 2BR,2BA | $1.13 |
| Four Winds Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.17 |
| 4415 Columbus Ave | 2BR/1.0BA | 2BR,1BA | $1.00 |
| 430 W 7th St, Unit 430 | 430 W 7th St | 2BR,1BA | $0.96 |
| Hoosier Woods | 1X1 60% | 1BR,1BA | $1.20 |
| 2009 George St, Unit 4 | 2009 George St | 1BR,1BA | $0.95 |
| 618 Henry St, Unit 618 | 618 Henry St | 1BR,1BA | $1.19 |
| 602-610 Meridian | 1BR/1.0BA | 1BR,1BA | $1.12 |
| 1807 Meridian St, Unit #2 | 1807 Meridian St | 2BR,1BA | $1.05 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
Don'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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
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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.
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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
Frequently Asked Questions about Anderson
What type of rentals are currently available in Anderson?
There are currently 122 Apartments for Rent in Anderson, IN with pricing that ranges from $250 to $1,460. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anderson ranging from $650 to $2,875.
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 $2,875 with an average monthly rent of $1,172.
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 $1,008 to $1,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,875. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,194.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.