Average Rent in Anderson, IN (2026)

Typical asking rent in Anderson is $1,091. Across the 4 ZIP codes with data it runs from $961 to $1,172, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,091
Average rent
$1,079
Lowest ZIP
$961
Highest ZIP
$1,172

Rent by ZIP code in Anderson

ZIP codeCountyTypical rentvs city median
46011Madison County$1,172+7%
46012Madison County$1,119+3%
46013Madison County$1,062-3%
46016Madison County$961-12%

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Anderson sits in the Indianapolis-Carmel-Anderson, IN metro area.

Other Indiana cities

Would a rental in Anderson cash flow?

Start the analyzer with the Anderson median rent of $1,091 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.