
Cheap Homes for Rent in Pendleton, IN from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Pendleton.


314 Locust St

1807 Raible Ave
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.

1121 E 29th St

2403 Madison Ave

3714 St Charles St
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.
Pendleton, IN Local Guide

How much does it cost to rent a home in Pendleton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pendleton 2 Bedroom Homes for Rent | $1,243 | $1,000 | $1,500 |
Pendleton 3 Bedroom Homes for Rent | $1,855 | $1,150 | $3,900 |
Pendleton 4 Bedroom Homes for Rent | $1,899 | $1,450 | $2,799 |
Pendleton 5 Bedroom Homes for Rent | $2,661 | $2,535 | $2,850 |
Browse Top Homes for Rent in Pendleton
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Pendleton, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
Harter House Anderson LLC | Rose | Studio,1BA | $749 |
North Pointe Commons | 1BR/1BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Pendleton, IN and Nearby
As of June 15, 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 Meadowood Model at Redwood Greenfield starting at $1,874 with a $1.41 price per square foot . Here is today’s list of the best values for Pendleton apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Meridian Homes at Sycamore Drive | Alan | 3BR,2BA | $1.46 |
Redwood Greenfield | Meadowood | 2BR,2BA | $1.41 |
Summerlake Meadows | (7182B1) 2x1 | 2BR,1BA | $1.17 |
Jefferson Place Apartments | B2-U | 2BR,2BA | $1.21 |
Cross Lakes Apartments | 2x2FP R | 2BR,2BA | $1.39 |
Woods of Britton | Cedar | 1BR,1BA | $1.40 |
Cumberland Pointe Apartments | The Cape-U | 1BR,1BA | $1.43 |
Cedar Ridge Townhomes | The Fir | 2BR,1BA | $1.20 |
North Pointe Commons | 1BR/1BA | 1BR,1BA | $1.41 |
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Pendleton
What type of rentals are currently available in Pendleton?
There are currently 42 Apartments for Rent in Pendleton, IN with pricing that ranges from $250 to $4,313. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pendleton ranging from $650 to $3,900.
What is the current price range for Rental Homes in Pendleton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pendleton ranges from $650 to $3,900 with an average monthly rent of $1,681.
How much are larger Three and Four Bedroom Rentals in Pendleton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pendleton range from $935 to $4,313, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,845.
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.

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.

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.

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.

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.