Anderson, IN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Anderson short-term rental market based on reliable data.

Listings

70 / 190

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$21,847

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$138,513

Median Home Sale Price

Top Earners

$52,201

Top-Earners Revenue

Anderson

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Anderson.

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C

Challenging to Investors

Anderson Regulations

City allows STRs but requires permitting, safety inspections, occupancy/listing checks, and sales tax registration; key details (fees, caps, renewal cadence, enforcement tone) are unclear, and property‑specific PUD/HOA bans inject location risk, creating moderate but uncertain compliance burdens.

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About Anderson

Anderson is a city in Madison County in central Indiana, home to roughly 55,000 residents. It sits about 35 miles northeast of Indianapolis, the state's capital and nearest major city, and functions as a regional hub for the surrounding agricultural communities. Once a powerhouse of American manufacturing anchored by General Motors, Anderson picked up the nickname "Star City" during the Indiana gas boom of the late 1800s, when flares from local natural gas wells lit up the night sky. Today the city carries a working-class, blue-collar character shaped by Anderson University and a downtown that has steadily reinvested in its historic core, while the broader region offers a mix of outdoor recreation and cultural attractions that draw weekend visitors from across central Indiana.

Just east of town, Mounds State Park preserves ten earthworks built by the Adena people roughly 2,000 years ago, including the iconic Great Mound, a ceremonial enclosure that ranks among the most significant prehistoric sites in the Midwest. The park's hiking trails, picnic areas, and stretches of the White River sit only a few minutes from downtown Anderson, making it an easy half-day stop for visitors interested in archaeology, gentle outdoor recreation, or quiet riverside scenery.

Downtown Anderson is anchored by the Paramount Theatre Centre, a restored 1929 Spanish Colonial Revival venue that hosts touring concerts, films, and community productions throughout the year. The surrounding blocks include locally owned restaurants, a small but growing craft beverage scene, and a seasonal farmers' market, giving short-term rental guests an authentic taste of small-city Indiana life well away from the busier Indianapolis metro.

Roughly twenty miles to the northeast, Muncie brings its own layer of regional appeal, with the Ball State University campus, the David Owsley Museum of Art, and the Minnetrista cultural center offering art collections, gardens, and a lively college-town atmosphere. Back in Anderson, Anderson University contributes additional campus charm through concert series, public lectures, and a calendar of community arts events that help fill the slower winter months.

Anderson makes a compelling base for short-term rentals because of its central Indiana location, affordable lodging options, and easy access to a mix of natural, historic, and cultural attractions. Guests who stay here can spend a morning walking among ancient mounds, an afternoon catching a show at a 1920s theater, and an evening sampling the restaurants and nightlife of Indianapolis — all without the downtown traffic, parking challenges, and lodging costs of the larger metros.

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