Cheap Apartments for Rent in Pendleton, IN from $600 (20 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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. Harter House Anderson LLC has the second lowest priced unit, which is a Studio apartment currently listed from $749. 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
Harter House Anderson LLCRoseStudio,1BA$749
North Pointe Commons1BR/1BA1BR,1BA$775
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
Applecreek.The Washington1BR,1BA$865

Best Value Apartments for Rent in Pendleton, IN and Nearby

As of June 14, 2025 the best value apartment in the Pendleton area is the $1.46 price per square foot Alan Model at Meridian Homes at Sycamore Drive in the starting from $2,435. The second greatest value Pendleton apartment is the Light-House U Model at Cumberland Pointe Apartments starting at $1,622 with a $1.22 price per square foot in the Brooks Chase neighborhood. 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 DriveAlan3BR,2BA$1.46
Cumberland Pointe ApartmentsLight-House U3BR,2BA$1.22
Redwood GreenfieldMeadowood2BR,2BA$1.41
Summerlake Meadows(7182B1) 2x12BR,1BA$1.17
Jefferson Place ApartmentsB2-U2BR,2BA$1.21
Woods of BrittonCedar1BR,1BA$1.40
Cross Lakes Apartments1x1 R-Prem1BR,1BA$1.34
Cedar Ridge TownhomesThe Fir2BR,1BA$1.20
North Pointe Commons1BR/1BA1BR,1BA$1.41
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

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Best Local Schools in
Pendleton, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Explore Pendleton, IN Rentals by Map

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See the most popular apartments and homes in Pendleton, IN

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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 Harter House Anderson LLC listed at $749.

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 North Pointe Commons.

What is the most affordable Pendleton Three Bedroom Apartment?

The best deal on a cheap Pendleton Three Bedroom Apartment rental is at North Pointe Commons and starts from $1,100.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.