Houses for Rent in Pendleton, IN

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What to Know About

Life in Pendleton & Beyond

Pendleton shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Pendleton, IN

As of June 2026, Pendleton's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Pendleton's average rent is 24.5% ($315) higher than the Indiana average of $1,287 and 10.9% ($195) lower than the U.S. average of $1,797.

Average Rent
$1,602
Monthly ChangeMonth Over Month Change
Increased8.5% ($126)
Yearly ChangeYear Over Year Change
Increased18.7% ($252)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,320 Increased17.3% ($195) Increased11.9% ($140)
2 Beds $1,548 Increased6.8% ($99) Increased8.5% ($121)
3 Beds $1,952 Increased3.4% ($65) Increased9% ($161)
Nearby Cities Average Rent Avg. Rent vs. PendletonAverage Rent vs. Pendleton Avg. Days on MarketAverage Days on Market
Fortville $1,469 Decreased8.3% ($133) 29 days
Anderson $975 Decreased39.1% ($627) 38 days
Greenfield $989 Decreased38.3% ($613) 36 days
Fishers $1,701 Increased6.2% ($99) 32 days
Noblesville $1,561 Decreased2.6% ($41) 46 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Pendleton Rental Market FAQs

Explore rental prices, market trends, and availability in Pendleton, IN.

The average rent in Pendleton, IN is $1,602 per month.
Houses in Pendleton typically rent for between $924 and $2,538 per month, with an average of $1,602 per month.
In Pendleton, the average rent for a 1-bedroom house is $1,320 per month, for a 2-bedroom house, $1,548 per month, and a 3-bedroom house is $1,952 per month.
The average rent in Pendleton is 10.9% ($195) lower than the national average of $1,797 per month.
The average rent in Pendleton has increased by 8.5% ($126) in the last month and increased by 18.7% ($252) over the past year.
The rental market in Pendleton, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Pendleton, IN, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2 rental properties available in Pendleton, IN.
Based on the current averages, a household would need an annual income of $61,920 to comfortably afford a 2-bedroom house in Pendleton.
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