Cheap Apartments for Rent in Pendleton, IN from $500 (23 Rentals)

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-23, Page 1 of 1

Pendleton, IN Local Guide

Cheapest Available Pendleton Apartments for Rent

 

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 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 HouseRoseStudio,1BA$749
Courtyard Village Apartments609-A1BR,1BA$750
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
Hoosier Woods2X2 60%2BR,2BA$795

Best Value Apartments for Rent in Pendleton, IN

As of December 13, 2025 the best value apartment in the Pendleton area is the $1.31 price per square foot Aspen Model at Meridian Homes at Sycamore Drive in the in the Admirals Landing neighborhood starting from $2,560. The second greatest value Pendleton apartment is the Townhouse Model at Sun Valley Townhomes starting at $1,300 with a $0.92 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$1.31
Sun Valley TownhomesTownhouse3BR,2.5BA$0.92
Redwood GreenfieldMeadowood2BR,2BA$1.36
Stonecrest Apartments3 bedrrom 1.5 bath3BR,1.5BA$1.13
Summerlake Meadows(7182B1) 2x12BR,1BA$1.13
Woods of BrittonCedar1BR,1BA$1.40
1212 Meridian Flats2012BR,1BA$1.45
ApplecreekThe Washington1BR,1BA$1.29
Cedar Ridge TownhomesThe Birch1BR,1BA$1.32
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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

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 Hoosier Woods and starts from $999.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.