Apartments for Rent in Pendleton, IN

Prices and availability in Pendleton, IN were last updated on 28 May 2026.

The best apartments in Pendleton, IN are: 9518 Midnight Drive W Pendleton, IN 46064, 8291 S Shady Trail Drive Pendleton, IN 46064, 9235 W Rising Sun Drive Pendleton, IN 46064, 296 Evening Bay Ct and 9160 Larson Drive.

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

The price range for a 3-bedroom apartment in Pendleton, IN is between $1,695 and $2,380.

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.

Studio apartments in Pendleton are around 0% of rentals, while 1-bedroom floor plans represent 28% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 53% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.