Apartments for Rent in Pendleton, IN

Prices and availability in Pendleton, IN were last updated on 23 Jun 2026.

The best apartments in Pendleton, IN are: 9518 Midnight Drive W Pendleton, IN 46064, 8291 S Shady Trail Drive Pendleton, IN 46064 and 9235 W Rising Sun Drive Pendleton, IN 46064.

The average rent in Pendleton, IN is $1,315.

The price range for a 3-bedroom apartment in Pendleton, IN is between $1,805 and $2,110.

In Pendleton 26% of the housing is rented out compared to 74% of homes are owned, according to the most recent Census Bureau estimates. 5% of Pendleton's apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 50 units, and 43% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Pendleton are about 27 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Pendleton come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 28% of the total apartments in the city, while 2-bedroom floorplans represent around 53% of all rentals in Pendleton. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.