Cheap Homes for Rent in Pendleton, IN from $600 (11 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.

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.

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 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
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
Applecreek.The Washington1BR,1BA$865
Cedar Ridge TownhomesThe Fir2BR,1BA$900

Best Value Apartments for Rent in Pendleton, IN and Nearby

As of July 31, 2025 the best value apartment in the Pendleton area is the $1.30 price per square foot Aspen Model at Meridian Homes at Sycamore Drive in the in the Oakland Hills at Geist neighborhood starting from $2,530. The second greatest value Pendleton apartment is the C1 Model at Reveal on Cumberland Apartments starting at $1,789 with a $1.25 price per square foot in the Limestone Springs 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 DriveAspen4BR,2.5BA$1.30
Reveal on Cumberland ApartmentsC13BR,2BA$1.25
Redwood GreenfieldMeadowood2BR,2BA$1.38
32 Union ApartmentsUnion Chapel3BR,2BA$1.50
Autumn Breeze ApartmentsThe Empress | Renovated3BR,2BA$1.41
Jefferson Place ApartmentsC1-U3BR,2BA$1.22
Cross Lakes Apartments1x1WD R-Prem1BR,1BA$1.33
Cedar Ridge TownhomesThe Fir2BR,1BA$1.20
Applecreek.The Washington1BR,1BA$1.48
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 $3,858. There are also 43 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 $1,691.

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 $3,858, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,400 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.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.