Cheap Homes for Rent in Pendleton, IN from $600 (6 Rentals)

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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.

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

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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Meridian Homes at Sycamore DriveAlan3BR,2BA$1.46
Redwood GreenfieldMeadowood2BR,2BA$1.41
Summerlake Meadows(7182B1) 2x12BR,1BA$1.17
Jefferson Place ApartmentsB2-U2BR,2BA$1.21
Cross Lakes Apartments2x2FP R2BR,2BA$1.39
Woods of BrittonCedar1BR,1BA$1.40
Cumberland Pointe ApartmentsThe Cape-U1BR,1BA$1.43
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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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.

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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.

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

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.