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Typical Rent in 46016 — Anderson, IN
The typical 1-bedroom rent in 46016 (Anderson, IN) is $967/month as of 2026, based on 4 data sources. Rents have risen 10.1% year over year, so an increase above 10.1% exceeds the local market trend. Studio: $890. 2-bedroom: $1,200.
Rents in Anderson have changed approximately +8.4% – +15.2% over the past year based on local market data. A rent increase above 15.2% is above the local market trend.
Estimated Rent · 1-Bedroom
$967/mo
Source: HUD Estimated Rent
Data through
Based on 4 independent data sources including local market trends and nearby listings.
The HUD Fair Market Rent for a 1-bedroom in 46016 (Anderson, IN) is $910 for FY2026.
Rents in 46016 have increased 10.1% year-over-year based on local market data.
The confidence level for this estimate is high based on 4 data sources.
Based on local market data, a fair rent increase in Anderson (46016) is approximately 10.1% for 2026. The typical 1-bedroom rent is $967/month. Any increase significantly above 10.1% exceeds the local market trend and may be worth negotiating.
Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.
What Should Rent Cost in 46016 (Anderson)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 46016 (Anderson) typically rents for $890 – $961.
Rents above $1,105 are in the top 25% for this area.
A 1-bedroom in 46016 (Anderson) typically rents for $910 – $983.
Rents above $1,130 are in the top 25% for this area.
A 2-bedroom in 46016 (Anderson) typically rents for $1,200 – $1,296.
Rents above $1,490 are in the top 25% for this area.
A 3-bedroom in 46016 (Anderson) typically rents for $1,590 – $1,717.
Rents above $1,975 are in the top 25% for this area.
A 4-bedroom in 46016 (Anderson) typically rents for $1,590 – $1,717.
Rents above $1,975 are in the top 25% for this area.
Current Asking Rents in 46016
Average Asking Rent
$944/mo
Typical Asking Rent
$900/mo
Range
$550 – $2,100
Active Listings
121
These are current asking rents from active listings in 46016. Compare to the HUD fair market rent above to see how the market compares to federal benchmarks.
Source: Live market data (cached)
Rent Increase Laws in Indiana →
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Rent Trends in Anderson, IN
+10.1%
Rents in 46016 (Anderson) are rising at +10.1% year-over-year.
− Estimated trend
Market sources range from +8.4% to +15.2%
Sources: Zillow ZORI, HUD Fair Market Rent
Federal Rent Benchmarks for 46016
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Anderson, IN HUD Metro FMR Area area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $890 | $945 |
| 1-Bedroom | $910 | $967 |
| 2-Bedroom | $1,200 | $1,269 |
| 3-Bedroom | $1,590 | $1,677 |
| 4-Bedroom | $1,590 | $1,680 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 46016
What is the average 1-bedroom rent in 46016?
The typical 1-bedroom rent in 46016 (Anderson, IN) is $967/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $890 and 2-bedroom rent at $1,200.
What is a fair rent increase in 46016?
A rent increase up to about 10.1% is in line with the recent local market trend in 46016. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 46016?
Rents in 46016 have risen 10.1% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 46016?
On this page, studio rent in 46016 is $890/month and 2-bedroom rent is $1,200/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
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These zip codes have similar 1-bedroom rents to 46016 ($910/mo) — useful for comparing what your rent gets you in other markets.
Other Zip Codes in Anderson, IN
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →