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Affordable apartments in Anderson, Indiana

24 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

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Buildings

Estimated metro housing cost (2BR Fair Market Rent + average utilities): $873 rent + $157 utilities = $1,030/mo. Applies to the metro area, not individual buildings.

Showing 12 of 24. Open any pin on the map below for the rest.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Indiana

Residential electricity in Indiana runs about 16.63¢/kWh, with a typical monthly residential electric bill near $157. Natural gas runs about $16.19/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Estimated market rent for Anderson, IN

Estimated
BedroomsEstimated rentNational median
Studio$742n/a
1 bedroom$829n/a
2 bedroom$873$1,502
3 bedroom$1,135n/a
4 bedroom$1,310n/a

These figures are estimated from local U.S. Census median rent, not HUD Fair Market Rent.

HUD income limits : Madison County, IN

Indianapolis-Carmel-Greenwood, IN. FY2025. Area median income: $84,400.

Household size30% AMI50% AMI80% AMI
1 person$17,850$29,750$47,550
2 people$21,150$34,000$54,350
3 people$26,650$38,250$61,150
4 people$32,150$42,450$67,900
5 people$37,650$45,850$73,350
6 people$43,150$49,250$78,800
7 people$48,650$52,650$84,200
8 people$54,150$56,050$89,650

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Indiana cities

See all affordable-rental cities in Indiana

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Anderson cost-of-living and Fair Market Rent overview