Rent by ZIP · Madison County
Rent in Anderson, IN 46016
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,380 (+15% vs FY2026). Renters in this ZIP code pay a median $870 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,050 | $890 | +18% | $945–1,155 | $746 ±$96 |
| 1 bedroom | $1,050 | $910 | +15.4% | $945–1,155 | $663 ±$56 |
| 2 bedrooms | $1,380 | $1,200 | +15% | $1,242–1,518 | $911 ±$49 |
| 3 bedrooms | $1,810 | $1,590 | +13.8% | $1,629–1,991 | $974 ±$93 |
| 4 bedrooms | $1,810 | $1,590 | +13.8% | $1,629–1,991 | $1,266 ±$145 |
Small Area FMRs for the Anderson, IN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Anderson, IN HUD Metro FMR Area, 2 bedrooms: $1,331.
What renters pay in 46016
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 46017 | Anderson | $1,370 | $1,000 |
| 46013 | Anderson | $1,290 | $943 |
| 46012 | Anderson | $1,410 | $987 |
| 46011 | Anderson | $1,520 | $966 |
| 46030 | Arcadia | $1,270 | $1,051 |
| 46001 | Alexandria | $1,170 | $849 |
Fair Market Rents across Madison County, IN · All IN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.