
Cheap Homes for Rent in Pendleton, KY from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Pendleton.


13202 Prospect Glen Way

4429 Baygarden Ct
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

10401 Trotters Pointe Dr

4957 Winding Spring Cir

10504 Southern Meadows
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.

6500 Matalin Pl
Pendleton, KY 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 | $1,898 | $1,450 | $2,340 |
| Pendleton 3 Bedroom Homes for Rent | $2,759 | $1,400 | $4,500 |
| Pendleton 4 Bedroom Homes for Rent | $3,488 | $2,550 | $5,500 |
| Pendleton 5 Bedroom Homes for Rent | $5,480 | $3,250 | $9,500 |
Browse Top Homes for Rent in Pendleton
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Pendleton, KY Local Guide
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Cheapest Available Pendleton Apartments for Rent and Nearby
 The cheapest available apartment rental in Pendleton, KY is a 2 Beds unit found at Oldham Oaks priced from $905. Deer Park in the Outer East End neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here is today’s list of the most affordable Pendleton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oldham Oaks | 2 Bedroom | 2BR,2BA | $905 |
| Deer Park | Studio | Studio,1BA | $930 |
| Heathmoore | One Bed One Bath Standard | 1BR,1BA | $990 |
Best Value Apartments for Rent in Pendleton, KY and Nearby
As of June 12, 2026 the best value apartment in the Pendleton area is the $1.22 price per square foot Stallion Model at Crestwood Commons in the in the East End neighborhood starting from $1,795. The second greatest value Pendleton apartment is the 3 Bedroom Model at Oldham Oaks starting at $1,230 with a $0.91 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. |
|---|---|---|---|
| Crestwood Commons | Stallion | 3BR,2BA | $1.22 |
| Oldham Oaks | 3 Bedroom | 3BR,2BA | $0.91 |
| Stonewater Apartments | B4R | 2BR,2.5BA | $1.32 |
| Villas Of Forest Springs | Tuscany | 2BR,2BA | $1.26 |
| Westport Woods | 2 bed 2 Bath | 2BR,2BA | $1.24 |
| Green Valley Apartments | The Sunrise | 2BR,1BA | $1.00 |
| Springhurst East Apartments | 2 Bedroom 1 Bathroom Large | 2BR,1BA | $1.11 |
| Renaissance Park Apartments | New Construction Two Bedroom Two Bathroom | 2BR,2BA | $1.22 |
| Parkside Trace Apartments | 1 BEDROOM 1 BATHROOM NEW CONSTRUCTION | 1BR,1BA | $1.24 |
| Terraces at Forest Springs | Sunflower | 1BR,1BA | $1.31 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly Lifestyle
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Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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, KY with pricing that ranges from $835 to $3,067. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pendleton ranging from $1,400 to $9,500.
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 $1,400 to $9,500 with an average monthly rent of $3,406.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.