4+ Bedroom Apartment Rent in Anderson, IN
Median asking rent for a 4+ bedroom apartment in Anderson, Indiana as of July 2026. That's +46% higher than the citywide median of $1,054 and +39% below the national 4+ bedroom median of $2,520.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Frankfort | $1,115 |
| 2 | East Chicago | $1,230 |
| 3 | Logansport | $1,230 |
| 4 | New Castle | $1,250 |
| 5 | Angola | $1,290 |
| 6 | Richmond | $1,350 |
| 7 | Marion | $1,370 |
| 8 | La Porte | $1,394 |
| 9 | Kokomo | $1,395 |
| 10 | Crawfordsville | $1,398 |
| 11 | Elkhart | $1,400 |
| 12 | Terre Haute | $1,430 |
| 13 | Mishawaka | $1,440 |
| 14 | Delphi | $1,450 |
| 15 | Goshen | $1,460 |
Most expensive cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,960 |
| 2 | Whitestown | $2,830 |
| 3 | Carmel | $2,820 |
| 4 | McCordsville | $2,560 |
| 5 | Lawrence | $2,560 |
| 6 | Avon | $2,530 |
| 7 | Westfield | $2,500 |
| 8 | Fishers | $2,480 |
| 9 | Brownsburg | $2,390 |
| 10 | Noblesville | $2,235 |
| 11 | Sellersburg | $2,180 |
| 12 | Plainfield | $2,180 |
| 13 | Greenwood | $2,160 |
| 14 | Indianapolis | $2,143 |
| 15 | Granger | $2,040 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 4+ bedroom rents than Anderson.
| City | Distance | 4+ Bedroom rent | vs Anderson |
|---|---|---|---|
| Pendleton, IN | 9.4 mi | $1,920 | +$385 (+25%) |
| Fishers, IN | 20.2 mi | $2,480 | +$945 (+62%) |
| Muncie, IN | 20.8 mi | $1,485 | $-50 (-3%) |
| Noblesville, IN | 20.9 mi | $2,235 | +$700 (+46%) |
| McCordsville, IN | 21.2 mi | $2,560 | +$1,025 (+67%) |
| Greenfield, IN | 21.9 mi | $1,920 | +$385 (+25%) |
| Lawrence, IN | 26 mi | $2,560 | +$1,025 (+67%) |
| Carmel, IN | 32.4 mi | $2,820 | +$1,285 (+84%) |
| Westfield, IN | 33.8 mi | $2,500 | +$965 (+63%) |
| Marion, IN | 34.2 mi | $1,370 | $-165 (-11%) |
| Indianapolis, IN | 38.9 mi | $2,143 | +$608 (+40%) |
| Beech Grove, IN | 38.9 mi | $1,920 | +$385 (+25%) |
4+ Bedroom rent in Anderson — common questions
How much is a 4+ bedroom apartment in Anderson?
As of July 2026, the median 4+ bedroom apartment rent in Anderson, Indiana is $1,535 per month. This is +46% higher than the citywide median of $1,054.
What income do you need to afford a 4+ bedroom in Anderson?
Using the standard 30% rent-to-income rule, you would need an annual income of about $61,400 ($5,117/month gross), which works out to roughly $29.52/hour at a full-time job.
Is Anderson expensive for a 4+ bedroom compared to the rest of the US?
Anderson's 4+ bedroom median of $1,535 is +39% below the national 4+ bedroom median of $2,520. It ranks in the 8th percentile of US cities tracked.
How does Anderson rank for 4+ bedroom rent in Indiana?
Among the 64 cities in Indiana with 4+ bedroom data, Anderson ranks #21 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Anderson?
Yes — nearby cities with cheaper 4+ bedroom rents include Muncie ($1,485), Marion ($1,370).