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Markleville, IN Home for Rent

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    $1,600 Per Month

    • 3 Beds
    • 1 Bath
    • 1,055 Sq Ft
    • House for Rent

    15 N State St, Markleville, IN 46056

    What are you looking for in a lease - peace & quiet, appliances, responsive landlord, great schools, updates, no headaches? This home has it ALL! 1-acre country living with Pendleton schools. Finished, heated 2 car attached garage ideal for walking right in during any season. All appliances stay including washer and dryer, microwave, fridge and stove. Bathroom has been recently updated. Large

    Jerome Gordon F.C. Tucker Company

    15 N State St, Markleville, IN 46056

Why Live in Markleville

Markleville, Indiana, is a quiet rural town near Anderson, characterized by expansive properties and a family-friendly atmosphere. Homes in Markleville range from late 19th-century Colonial Revivals to mid-20th-century ranch styles and split levels, with some newer traditional homes. Properties often exceed 10 acres, especially farther from town, where sidewalks disappear and lots get larger. The town features Markleville Community Park, equipped with a playground, basketball court, baseball field, and picnic tables, and hosts Christmas-themed light displays during the holidays. Mounds State Park, located nearby, offers about 6 miles of hiking trails, fishing in the White River, and camping opportunities. For cultural activities, residents can visit the Anderson Museum of Art or test their bravery at Indy Scream Park in Anderson. The South Madison Community School Corporation serves the area, with East Elementary School and Pendleton Heights High School both receiving high ratings. Markleville is car-dependent, with State Route 36 leading to Indianapolis, about 36 miles away, and the closest emergency room at Ascension St. Vincent Anderson, 10 miles away. The town's most popular event is the Markleville Jamboree, featuring an obstacle course, tractor show, live music, and a church service. Dining options are limited to The Grill-A, with residents traveling to Anderson for more variety. Flood insurance is required in some parts of Markleville due to its designation as a Special Flood Hazard Area by FEMA.

Frequently Asked Questions

How much does it cost to rent a home in Markleville, IN?
The median rent for a home in Markleville, IN is $1,600 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Markleville, IN?
To comfortably afford the median rent in Markleville, IN, a household needs to earn roughly $64,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,600 per month in Markleville, IN, renters typically need to show $4,800 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Markleville, IN?
In Markleville, IN, the price-to-rent ratio is 14.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Markleville, IN are best for renting a home?
The best neighborhood for renting in Markleville, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Brooks-Luxhaven, Thomas Park-Avondale, Old West End, Mount Comfort and Southside, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,600
Median Single Family Home Rent
$1,600
How to Rent a Home