Newest Homes for Rent in Pendleton, IN

/20
Starting at $1,629 Per Month
- 2 Beds
9050 800 S, Pendleton, IN 46064

Welcome to Summerlake Meadows, a friendly 55+ community in Pendleton, Indiana. Each spacious apartment includes a large, attached garage—perfect for both parking and extra storage. Step outside to your private patio and enjoy peaceful mornings or evenings with friends. Beautiful, maintenance-free green spaces let you savor the outdoors without the yardwork. With convenient highway access nearby,

Summerlake Meadows

9050 800 S, Pendleton, IN 46064
/23
$1,695 Per Month
- 3 Beds
- 2 Baths
- 1,208 Sq Ft
- House for Rent
9569 W Constellation Dr, Pendleton, IN 46064

Welcome home to this inviting 3-bedroom, 2-bath residence offering 1,208 square feet of comfortable living space in a desirable Pendleton community.Inside, you’ll find a functional layout featuring a well-equipped kitchen with a microwave, stove, refrigerator, and dishwasher—perfect for everyday convenience. The home offers bright living areas and a practical floor plan designed for

9569 W Constellation Dr, Pendleton, IN 46064
/27
$2,100 Per Month
- 3 Beds
- 2 Baths
- 1,754 Sq Ft
- House for Rent
6758 Honeysuckle Way, Pendleton, IN 46064

Available for rent in Pendleton's Maple Trails community. This 3 bedroom, 2 bath ranch offers a functional single level layout with a flex room off the entry that works as an office, sitting area, or hobby space. The kitchen has generous counter space with room for a full dining table and opens to the main living area. The primary suite includes a walk-in closet and private bath, with two

Brenden Stadelman AMR Real Estate LLC

6758 Honeysuckle Way, Pendleton, IN 46064
/5
$800

Total Monthly Price
- 1 Bed
- 1 Bath
- 650 Sq Ft
- Condo for Rent
123 Franklin St Unit B, Pendleton, IN 46064

123 Franklin St Unit B, Pendleton, IN 46064
/3
Starting at $1,750 Per Month
- 2 Beds
1200 Commerce Dr, Pendleton, IN 46064

Welcome Home!!! Nestled in the welcoming Ingalls community, Ingalls Flats offers the perfect blend of comfort, convenience, and small-town charm. Residents enjoy thoughtfully designed apartments featuring modern appliances, central heating and air conditioning, in-unit washers and dryers, spacious closets, private balconies, and more — creating a comfortable space to relax and feel at

Ingalls Flats

1200 Commerce Dr, Pendleton, IN 46064
/4
$750

Total Monthly Price
- 1 Bed
- 1 Bath
- 347 Sq Ft
- Condo for Rent
338 S Pendleton Ave Unit C, Pendleton, IN 46064

338 S Pendleton Ave Unit C, Pendleton, IN 46064
/52
$2,700 Per Month
- 4 Beds
- 2.5 Baths
- 3,026 Sq Ft
- House for Rent
6673 Laurelwood Dr, Pendleton, IN 46064

Welcome to this beautifully designed 4-bedroom, 2.5-bath home offering over 3,000 square feet of thoughtfully planned living space in desirable Maple Trails. The versatile floor plan features four separate gathering areas, including a flex room ideal for a home office, formal dining room, or playroom, an expansive great room with raised ceilings, a bright sunroom filled with natural light, and an

Elisabeth Lugar

CENTURY 21 Scheetz

6673 Laurelwood Dr, Pendleton, IN 46064
/17
$1,940

Total Monthly Price
- 3 Beds
- 2.5 Baths
- 1,852 Sq Ft
- House for Rent
9559 W Stargazer Dr, Pendleton, IN 46064

Now offering 19-month leases. Sign today and lock in today’s low rate for the next 19 months! Offer valid for new applicants who sign a 19-month lease and move-in by August 31, 2026. Base rent will remain at the 12-month lease rate for the duration of the 19-month term. Offer is contingent on application approval and execution of a lease agreement. Other terms and conditions may apply. This

9559 W Stargazer Dr, Pendleton, IN 46064

Indiana Madison County

Frequently Asked Questions

How much does it cost to rent a home in Pendleton, IN?

The median rent for a home in Pendleton, IN is $1,695 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Pendleton, IN?

To comfortably afford the median rent in Pendleton, IN, a household needs to earn roughly $67,800 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 $1,695 per month in Pendleton, IN, renters typically need to show $5,085 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 Pendleton, IN?

In Pendleton, IN, the price-to-rent ratio is 16.8, 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 Pendleton, IN are best for renting a home?

The best neighborhood for renting in Pendleton, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Brooks-Luxhaven, East Carmel, West Noblesville, I-69 Fall Creek and Far Eastside, each with its own character and price range.

Rental Trends in Pendleton, IN

There are currently 8 homes available for rent in Pendleton, IN. The median rent is $1,695 per month, with single-family homes renting at $1,995, townhouses at $1,995 and condos at $775.

Rental Home Trends

Number of Homes for Rent 8	Median Rent $1,695
Median Single Family Home Rent $1,995	Median Townhouse Rent $1,995
Median Condo Rent $775

How to Rent a Home

Rentals in Pendleton

Homes for Rent by Bedrooms in Pendleton

Rentals by Price in Pendleton

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