Cheap Homes for Rent in Anderson, IN from $700 (23 Rentals)

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Cheap Homes in Anderson.

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.

property at 4216 Mellen Dr

4216 Mellen Dr

AndersonIN46013
property at 4801 E Co Rd 67

4801 E Co Rd 67

ChesterfieldIN46017
property at 5912 W 200 S

5912 W 200 S

AndersonIN46011

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Anderson, IN Local Guide

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 ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
Harter House Anderson LLCRoseStudio,1BA$749
North Pointe Commons1BR/1BA1BR,1BA$775
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790

Best Value Apartments for Rent in Anderson, IN

As of May 07, 2025 the best value apartment in the Anderson area is the $0.56 price per square foot 919 Walnut St Model at 919 Walnut St in the starting from $1,000. The second greatest value Anderson apartment is the Pinnacle Model at Stonebrook Townhomes starting at $1,020 with a $0.89 price per square foot . Here is today’s list of the best values for Anderson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
919 Walnut St919 Walnut St3BR,1BA$0.56
Stonebrook TownhomesPinnacle2BR,1.5BA$0.89
Hoosier Woods Apartments2x2 60%2BR,2BA$1.06
ApplecreekThe Jonathan2BR,2BA$1.20
2136 Crystal St, Unit 2136 Crystal Street Apt B2136 Crystal St1BR,1BA$0.86
Villages on Madison Apartments2x1 R-Prem2BR,1BA$1.23
Cedar Ridge TownhomesThe Fir2BR,1BA$1.20
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45
903 College Dr, Unit 3903 College Dr1BR,1BA$1.40
1527 Walnut St, Unit 31527 Walnut St1BR,1BA$1.40

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Frequently Asked Questions about Anderson

What type of rentals are currently available in Anderson?

There are currently 110 Apartments for Rent in Anderson, IN with pricing that ranges from $250 to $2,050. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anderson ranging from $725 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 $725 to $3,000 with an average monthly rent of $1,260.

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and 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.