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RentData.org Logo Anderson Fair Market Rent FY 2018 Anderson, IN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Anderson, IN :
$467 $568 $732 $954 $1,109
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Anderson are average compared to the national average. This FMR area is more expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Anderson is $732 per month.

The previous year, rent for a two-bedroom home was $775 per month. This is a 5.55% decrease year-over-year.

This FMR rate applies to Orestes, IN, Ingalls, IN, Lapel, IN, Frankton, IN, Anderson, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO26900M11300.

Additionally, This Fair Market Rent (FMR) area Anderson, IN HUD Metro FMR Area spans one county or city in Indiana which is listed in the table below. Estimated population of Anderson, IN HUD Metro FMR Area FMR area is 131,636 people based on 2010 Census data.

Compared to the rest of Indiana, the Anderson FMR area is less expensive than 55% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Anderson. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Anderson

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 488
1-BR 1-Bedroom $ 593
2-BR 2-Bedroom $ 765
3-BR 3-Bedroom $ 997
4-BR 4-Bedroom $ 1159
Change Year:

There is just one county (listed below) within the Anderson, IN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Indianapolis.

County / Region Est. Population
Madison County, IN Metro 131,636
Zip Codes in Anderson, IN HUD Metro FMR Area

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

46013, 46015, 46016, 46018, 46044, 46048, 46051 and 46063

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