Cheap Apartments for Rent in Pendleton, IN from $600 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Pendleton.

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Pendleton, IN Local Guide

Cheapest Available Pendleton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pendleton, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Longfellow Plaza Affordable Senior Community has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here is today’s list of the most affordable Pendleton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
Stonecrest Apartments1 bedroom 1 bath #31BR,1BA$815
Applecreek.The Washington1BR,1BA$865
Cedar Ridge TownhomesThe Fir2BR,1BA$900
Cross Lakes Apartments1x1WD R1BR,1BA$951
Villages on Madison Apartments1x1 R1BR,1BA$1,005
Hamilton Station ApartmentsThe Senate1BR,1BA$1,149
The Flats at Fishers MarketplaceThe FishersStudio,1BA$1,199
Flats at 146The Berkeley1BR,1BA$1,275

Best Value Apartments for Rent in Pendleton, IN and Nearby

As of September 13, 2025 the best value apartment in the Pendleton area is the $1.23 price per square foot Aspen Model at Meridian Homes at Sycamore Drive in the in the Admirals Landing neighborhood starting from $2,395. The second greatest value Pendleton apartment is the Capewood Model at Redwood Greenfield starting at $2,296 with a $1.42 price per square foot . Here is today’s list of the best values for Pendleton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meridian Homes at Sycamore DriveAspen4BR,2.5BA$1.23
Redwood GreenfieldCapewood2BR,2BA$1.42
Summerlake Meadows(7182B1) 2x12BR,1BA$1.21
Gateway Crossing ApartmentsThe Devonshire I2BR,2BA$1.41
Jefferson Place ApartmentsB2-D2BR,2BA$1.33
Woods of BrittonHickory2BR,1BA$1.31
Cross Lakes Apartments1x1WD R-Prem1BR,1BA$1.35
Cedar Ridge TownhomesThe Fir2BR,1BA$1.20
Stonecrest Apartments1 bedroom 1 bath #31BR,1BA$1.38
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

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Getting Around Pendleton, IN

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Pendleton Apartments

What is the Cheapest Studio apartment in Pendleton?

Currently the most affordable Cheap Studio Apartment in Pendleton is at Longfellow Plaza Affordable Senior Community listed at $790.

How much is rent for a Cheap One Bedroom Pendleton Apartment?

The lowest price for a Cheap One Bedroom Pendleton Apartment is $250 at The Towers at Southdale Affordable Senior.

What is the lowest price for a Cheap Two Bedroom Pendleton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pendleton is starting from $900 at Cedar Ridge Townhomes.

What is the most affordable Pendleton Three Bedroom Apartment?

The best deal on a cheap Pendleton Three Bedroom Apartment rental is at Cedar Ridge Townhomes and starts from $1,120.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.