Cheap Homes for Rent in Pendleton, KY from $1,400 (7 Rentals)

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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.

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.

Pendleton, KY Local Guide

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 ListingModel NameBed/BathPriced From
Oldham Oaks2 Bedroom2BR,2BA$905
Deer ParkStudioStudio,1BA$930
HeathmooreOne Bed One Bath Standard1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Crestwood CommonsStallion3BR,2BA$1.22
Oldham Oaks3 Bedroom3BR,2BA$0.91
Stonewater ApartmentsB4R2BR,2.5BA$1.32
Villas Of Forest SpringsTuscany2BR,2BA$1.26
Westport Woods2 bed 2 Bath2BR,2BA$1.24
Green Valley ApartmentsThe Sunrise2BR,1BA$1.00
Springhurst East Apartments2 Bedroom 1 Bathroom Large2BR,1BA$1.11
Renaissance Park ApartmentsNew Construction Two Bedroom Two Bathroom2BR,2BA$1.22
Parkside Trace Apartments1 BEDROOM 1 BATHROOM NEW CONSTRUCTION1BR,1BA$1.24
Terraces at Forest SpringsSunflower1BR,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.

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Real 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.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle

Ranked #

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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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

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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.

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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.

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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.

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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.