Cheap Homes for Rent in Pendleton, IN from $700 (14 Rentals)

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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. 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
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
Hoosier Woods Apartments2x2 60%2BR,2BA$927

Best Value Apartments for Rent in Pendleton, IN and Nearby

As of April 15, 2025 the best value apartment in the Pendleton area is the $1.27 price per square foot Aspen Model at Meridian Homes at Sycamore Drive in the starting from $2,475. The second greatest value Pendleton apartment is the Hunt II Model at Gateway Crossing Apartment Homes starting at $1,689 with a $1.27 price per square foot in the Geist 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$1.27
Gateway Crossing Apartment HomesHunt II3BR,2BA$1.27
Redwood GreenfieldMeadowood2BR,2BA$1.38
Summerlake Meadows(7182B1) 2x12BR,1BA$1.17
Jefferson Place ApartmentsB2-U2BR,2BA$1.16
Cedar Ridge TownhomesThe Walnut2BR,1.5BA$1.07
Hoosier Woods Apartments2x2 60%2BR,2BA$0.99
ApplecreekThe Jonathan.2BR,2BA$1.20
Villages on Madison Apartments2x1 R-Prem2BR,1BA$1.23
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 40 Apartments for Rent in Pendleton, IN with pricing that ranges from $250 to $3,994. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pendleton ranging from $700 to $4,000.

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 $700 to $4,000 with an average monthly rent of $1,757.

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 $1,066 to $3,994, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $2,179.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.