Cheap Homes for Rent in Pendleton, IN from $800 (12 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.

Read Article

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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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

Best Value Apartments for Rent in Pendleton, IN and Nearby

As of September 17, 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 $2,279 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Meridian Homes at Sycamore DriveAspen4BR,2.5BA$1.23
Redwood GreenfieldCapewood2BR,2BA$1.41
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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Frequently Asked Questions about Pendleton

What type of rentals are currently available in Pendleton?

There are currently 43 Apartments for Rent in Pendleton, IN with pricing that ranges from $250 to $3,579. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pendleton ranging from $875 to $3,500.

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 $875 to $3,500 with an average monthly rent of $1,787.

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 $3,579, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $2,650.

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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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.