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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Anderson city, Indiana?

$925/month 1.8%vs 2023 ($909)

City · Census ACS 5-Year estimates

The median gross rent in Anderson city, Indiana is $925/month (±$28), based on Census ACS 5-Year estimates (2024). The median home value is $119,000 (±$7,357), and the median household income is $46,909/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Anderson city, Indiana

MetricValue
Median Gross Rent$925
Median Home Value$119,000
Median Household Income$46,909
Total Housing Units24,218
Renter-Occupied Units10,787
Renter-Occupied Share45%
Households Paying 50%+ Income2,929 households

How does Anderson city, Indiana compare?

Median gross rent ranked against all cities in Indiana.

Higher rent than 57% of cities in Indiana · 238th of 551

Cheapest: Spring Grove town($437)
Priciest: Cloverland CDP($3,501)
#CityValue
1Cloverland CDP$3,501
2Aberdeen CDP$2,109
3Whitestown town$1,842
… 234 more …
238Anderson city(you are here)$925
… 310 more …
549Spring Grove town$437
550Camden town$392
551Shoals town$383

More data for Anderson city, Indiana

Frequently asked questions

What is the average rent in Anderson city, Indiana?

The median gross rent in Anderson city, Indiana is $925/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Anderson city, Indiana?

The median rent for a 2-bedroom in Anderson city, Indiana is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Anderson city, Indiana?

The median home value in Anderson city, Indiana is $119,000 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Anderson city are rent-burdened?

In Anderson city, Indiana, 2,929 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Anderson city, Indiana?

The median household income in Anderson city, Indiana is $46,909/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $925 has a margin of error of ±$28. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.