📊 Anderson, Indiana – June 2025 Rental & Sales Market Report

🏡 Rental Market Highlights

• Average Rent: $1,115 (⬆️ Up 11% YoY – highest ever recorded!)
• Days on Market: 54 (⬆️ Higher than most Indy suburbs – investor opportunity)
• Apartments Available: 63 units averaging $749/month
• Price per Sq Ft (Apts): $1.27

This is a milestone month for Anderson's rental market. At $1,115, the average rent has finally surpassed the long-anticipated $1,000 threshold. While days on market remain elevated at 54, this gap highlights a huge opportunity for value-conscious investors.

Anderson sits just outside the booming Fishers and Noblesville corridors, making it a prime candidate for future growth. The affordability gap between Anderson and nearby suburban markets is significant—often up to 3x lower in rent—drawing increased interest from renters and investors alike.

To take advantage of this trajectory, work with a team that knows how to position rentals to the right tenants. Explore our Anderson property management services to learn more.

🏘️ Sales Market Highlights

• Average Sales Price: $192,210 (⬆️ Up 9% MoM, ⬆️ 26% YoY)
• Price per Sq Ft: $128 (⬆️ Up 11% YoY)
• Average Days on Market: 38 (⬆️ 18% YoY)
• Homes Sold: 87 (⬆️ Both MoM and YoY)

Anderson’s sales prices continue trending upward, reinforcing its role as one of the last remaining affordable pockets in Central Indiana. With the vast majority of homes selling for under $200K, this market is perfect for first-time investors or cash-flow-focused buyers.

The sales graph shows a clear appreciation trend, and the steep June 2025 price gain is part of a broader upward trajectory—not just a fluke. Most inventory falls in the sub-$250K category, making Anderson an ideal value market for investors priced out of Westfield, Fishers, or Carmel.

Check out our expert team at Red Door Property Management to start building your rental portfolio in this rising market.

💡 Investor Takeaways

• 🏠 Record-setting rent and strong sales appreciation make Anderson a top affordable market
• 📉 Higher days on market suggest room for operational improvement = more upside
• 💰 The market is dominated by sub-$200K sales, ideal for investors targeting cash flow

Anderson is no longer just the “watch list” market—it’s showing clear signs of growth. If you’re looking for a low-barrier, high-upside investment, this may be your best bet. Reach out to our rental experts serving Anderson to explore available inventory today.

• Transcript Here

  Anderson Rental Market Hits a Milestone

  For the first time since we've been reporting, the Anderson rental market has crossed the $1,100 threshold, with the average rental price landing at $1,115 — up 11% year-over-year. That’s a huge milestone for a market long known as one of the most affordable in Central Indiana. It confirms what we've believed all along: Anderson has long-term growth potential.

  Anderson’s affordability compared to nearby markets like Noblesville and Fishers is significant. When Westfield rents are pushing $2,800, Anderson’s value proposition is clear. This pricing gap creates investor interest and opens the door for renters priced out of higher-end suburbs.

  Rental Inventory and Market Conditions

  Currently, average days on market is sitting at 54 — higher than we like to see, especially during June, when rental activity typically peaks. However, that might not last. There are 63 apartments listed at an average rent of just $749, or $1.27 per square foot. Affordability continues to define this market.

  If you’re watching the rental trendlines, the last three months — April, May, and June — have seen a clear upward surge in rent growth. If this continues, Anderson will prove to be one of the most lucrative value markets for cash flow and long-term appreciation.

  Anderson Sales Market: Value Up, Volume Up

  The sales data supports the rental trend. Anderson’s average sales price is now $192,210 — up 9% month-over-month and a striking 26% year-over-year. That number may be slightly skewed due to a low month last June, but the overall trend is unmistakable: Anderson prices are rising steadily.

  Days on market is 38, which aligns well with surrounding markets, and the price per square foot stands at $128 — up 11% year-over-year. A total of 87 homes were sold, a notable increase both month-over-month and year-over-year.

  Investor Takeaway: Anderson is a High-Value, Low-Cost Play

  Nearly the entire Anderson housing market trades under $250,000 — with the vast majority of closings under $200,000. You could almost say it’s hard to spend more than $500,000 here, even if you tried (and you shouldn’t). This affordability is exactly why Anderson remains a top-tier value market.

  Anderson might not be a luxury destination, but its proximity to higher-end markets, coupled with a rising trendline in both rent and home values, gives it real promise. For investors with smaller budgets, this is one of the strongest entry-level plays in the greater Indianapolis rental market. Historical appreciation is already showing its hand — and we believe there’s more to come.