Average Rent in Anderson, IN
The Fair Market Rent for a 2-bedroom in Anderson, IN is $1,206 per month, based on HUD data. With a median household income of $77,065, a household would spend 18.8% of income on housing at Fair Market Rent. Rent has increased 5.8% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $898 |
| 1 Bedroom | $919 |
| 2 Bedroom | $1,206 |
| 3 Bedroom | $1,594 |
| 4 Bedroom | $1,597 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $77,065 |
| Rent Burden (2BR FMR / Income) | 18.8% |
| Income Needed for 2BR (30% rule) | $48,240/yr |