Cheap Apartments for Rent in Pendleton, IN

27 rentals

Apartments For Rent Near Pendleton, IN

We found 30 more apartments matching your filters just outside Pendleton

Average Rent Trends in Pendleton, IN

Rent in Pendleton, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Oct 2025$1,900
Nov 2025$2,015
Dec 2025$2,250
Jan 2026$1,849
Feb 2026$1,906
Mar 2026$1,956
Apr 2026$1,991
May 2026$2,025
Jun 2026$2,010
Jul 2026$1,983
Aug 2026$1,799
Sep 2026$1,675
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,319$1,442$1,990$2,150$1,990
Apartments and Condos$850$900$949—$900
Houses$985$1,675$1,990$2,150$1,990
See more information about local market trends in Pendleton, IN

Frequently Asked Questions about Rentals in Pendleton, IN

  • What is the average rent of an apartment in Pendleton, IN?
    The average rent of an apartment in Pendleton, IN is $1,316 per month. This is about 32% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Pendleton, IN?
    Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,750 per month.
  • How many cheap apartments are available in Pendleton, IN?
    There are 20 apartments to rent that are cheaper than the city’s average rent of $1,990.
  • When is the average rent most expensive in Pendleton, IN?
    In the last year, the average rent in Pendleton, IN was highest in Dec 2025 when it was $2,250 per month.
  • What are some zip codes in Pendleton, IN?
    Pendleton, IN includes zip codes such as: 46064.
  • What are some cities near Pendleton, IN?
    Some nearby cities include: Ingalls, Fortville, Lapel, Markleville, Anderson. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Pendleton, IN - 87 Rentas | Trulia