Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Anderson area can be challenging. Home prices in Anderson are now at a median cost of $101,446, lower than the Indiana average of $175,617.
The average cost of rent is $869/mo in Anderson, primarily driven by the current value of real estate in the Anderson area. While nearly 40.48% of residents own their homes outright in Anderson, 35.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Anderson is $4,126 per month. Households that rent pay about 21.05% of their income on rent here. Anderson's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Woodlawn Heights, IN: higher priced homes
- Edgewood, IN: higher priced homes
- Chesterfield, IN: less expensive homes
- Daleville, IN: higher priced homes
- Markleville, IN: higher priced homes
- Middletown, IN: higher priced homes
- Pendleton, IN: higher priced homes
- Lapel, IN: higher priced homes
- Frankton, IN: higher priced homes
- Perkinsville, IN: higher priced homes
Cities with Similar Populations
- Rocklin, CA: higher priced homes
- Gary, IN: less expensive homes
- Wake Forest, NC: higher priced homes
- Highland, CA: higher priced homes
- Ankeny, IA: higher priced homes
- Tonawanda, NY: higher priced homes
- Bolingbrook, IL: higher priced homes
- Dale City, VA: higher priced homes
- Lodi, CA: higher priced homes
- Lacey, WA: higher priced homes
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