1-Bedroom Apartment Rent in Anderson, IN
Median asking rent for a 1-bedroom apartment in Anderson, Indiana as of July 2026. That's +18% lower than the citywide median of $1,054 and +38% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Anderson
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Anderson
Compare Anderson's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Indiana
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Frankfort | $604 |
| 2 | La Porte | $689 |
| 3 | Richmond | $720 |
| 4 | New Castle | $730 |
| 5 | Angola | $740 |
| 6 | Marion | $740 |
| 7 | Crawfordsville | $754 |
| 8 | East Chicago | $770 |
| 9 | Logansport | $780 |
| 10 | Kokomo | $790 |
| 11 | Muncie | $800 |
| 12 | Fortville | $801 |
| 13 | Terre Haute | $810 |
| 14 | Delphi | $820 |
| 15 | Evansville | $835 |
Most expensive cities for a 1-bedroom in Indiana
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $1,600 |
| 2 | Whitestown | $1,530 |
| 3 | Carmel | $1,527 |
| 4 | McCordsville | $1,390 |
| 5 | Lawrence | $1,385 |
| 6 | Avon | $1,370 |
| 7 | Westfield | $1,350 |
| 8 | Fishers | $1,343 |
| 9 | Granger | $1,310 |
| 10 | Brownsburg | $1,290 |
| 11 | Noblesville | $1,210 |
| 12 | Sellersburg | $1,200 |
| 13 | Munster | $1,190 |
| 14 | Merrillville | $1,190 |
| 15 | Plainfield | $1,180 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 1-bedroom rents than Anderson.
| City | Distance | 1-Bedroom rent | vs Anderson |
|---|---|---|---|
| Pendleton, IN | 9.4 mi | $1,040 | +$172 (+20%) |
| Fishers, IN | 20.2 mi | $1,343 | +$475 (+55%) |
| Muncie, IN | 20.8 mi | $800 | $-68 (-8%) |
| Noblesville, IN | 20.9 mi | $1,210 | +$342 (+39%) |
| McCordsville, IN | 21.2 mi | $1,390 | +$522 (+60%) |
| Greenfield, IN | 21.9 mi | $1,040 | +$172 (+20%) |
| Lawrence, IN | 26 mi | $1,385 | +$517 (+60%) |
| Carmel, IN | 32.4 mi | $1,527 | +$659 (+76%) |
| Westfield, IN | 33.8 mi | $1,350 | +$482 (+56%) |
| Marion, IN | 34.2 mi | $740 | $-128 (-15%) |
| Indianapolis, IN | 38.9 mi | $1,159 | +$291 (+34%) |
| Beech Grove, IN | 38.9 mi | $1,040 | +$172 (+20%) |
1-Bedroom rent in Anderson — common questions
How much is a 1-bedroom apartment in Anderson?
As of July 2026, the median 1-bedroom apartment rent in Anderson, Indiana is $868 per month. This is +18% below the citywide median of $1,054.
What income do you need to afford a 1-bedroom in Anderson?
Using the standard 30% rent-to-income rule, you would need an annual income of about $34,720 ($2,893/month gross), which works out to roughly $16.69/hour at a full-time job.
Is Anderson expensive for a 1-bedroom compared to the rest of the US?
Anderson's 1-bedroom median of $868 is +38% below the national 1-bedroom median of $1,395. It ranks in the 10th percentile of US cities tracked.
How does Anderson rank for 1-bedroom rent in Indiana?
Among the 65 cities in Indiana with 1-bedroom data, Anderson ranks #18 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Anderson?
Yes — nearby cities with cheaper 1-bedroom rents include Muncie ($800), Marion ($740).