
Cheap Homes for Rent in Anderson, IN from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Anderson.


706 W 23rd St

615 Madison Ave

1518 Fulton St

1807 Raible Ave

1051 Sycamore St

3131 E Lynn St

210 E 13th St

508 W 34th St

1023 E 8th St

1514 Dewey St

2103 Arrow Ave

1291 Congress St

144 Hollywood Blvd

526 W 2nd St

2082 N Bilbrey Ln

1708 Euclid Dr

516-516 Piccadilli Rd

27 Crestwood Dr
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 | $1,171 | $850 | $1,800 |
Anderson 3 Bedroom Homes for Rent | $1,441 | $700 | $2,250 |
Anderson 4 Bedroom Homes for Rent | $1,681 | $980 | $3,000 |
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 |
Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
Cedar Ridge Townhomes | The Hickory | 1BR,1BA | $809 |
Best Value Apartments for Rent in Anderson, IN
As of April 16, 2025 the best value apartment in the Anderson area is the $0.99 price per square foot 2x2 60% Model at Hoosier Woods Apartments in the starting from $927. The second greatest value Anderson apartment is the The Jonathan. Model at Applecreek starting at $1,100 with a $1.20 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. |
---|---|---|---|
Hoosier Woods Apartments | 2x2 60% | 2BR,2BA | $0.99 |
Applecreek | The Jonathan. | 2BR,2BA | $1.20 |
Villages on Madison Apartments | 2x1 R | 2BR,1BA | $1.17 |
Cross Lakes Apartments | 1x1WD R-Prem | 1BR,1BA | $1.44 |
Four Winds Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.55 |
202 W 3rd St, Unit 3 | 202 W 3rd St | 1BR,1BA | $1.08 |
Cedar Ridge Townhomes | The Hickory | 1BR,1BA | $1.38 |
North Pointe Commons | 1BR/1BA | 1BR,1BA | $1.41 |
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
Longfellow Plaza Affordable Senior Community | One Bedroom | 1BR,1BA | $1.66 |
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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 $1,360. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anderson ranging from $700 to $3,000.
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 $700 to $3,000 with an average monthly rent of $1,273.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.