Rent in Anderson, IN
Across Anderson's 7 ZIP codes, a 2-bedroom typically rents for about $987 a month, with figures from $911–$1,331. The highest typical rent is in 46018 ($1,331) and the lowest in 46016 ($911). 5 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Madison County pay about 0.74% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,011 | $746–$1,011 | 7 |
| 1 bed | $697 | $657–$1,017 | 7 |
| 2 beds | $987 | $911–$1,331 | 7 |
| 3 beds | $1,268 | $974–$1,743 | 7 |
| 4 beds | $1,749 | $1,083–$1,749 | 7 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Anderson ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Anderson, IN?
- About $987 a month: the median of the typical rents in 7 ZIP codes, which range from $911–$1,331. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Anderson, IN?
- About $697 a month: the median of the typical rents in 7 ZIP codes, which range from $657–$1,017. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Anderson, IN?
- About $1,268 a month: the median of the typical rents in 7 ZIP codes, which range from $974–$1,743. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Anderson, IN?
- About $1,011 a month: the median of the typical rents in 7 ZIP codes, which range from $746–$1,011. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Anderson, IN?
- About $1,749 a month: the median of the typical rents in 7 ZIP codes, which range from $1,083–$1,749. Figures are gross rent (rent plus tenant-paid utilities).
- Which Anderson ZIP code has the highest rent?
- For a 2-bedroom, 46018 has the highest typical rent at $1,331 a month, and 46016 the lowest at $911.
- What is the property tax rate in Anderson, IN?
- Owner-occupied homes in Madison County pay a typical 0.74% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Anderson rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).