Rental market snapshot for Pendleton, Indiana

Pendleton, Indiana Rental Property Market Overview

Pendleton, Indiana is a small town located in Madison County with a population of 4,840 as of 2021, according to the US Census. It is a rural community with a strong sense of community and a rich history. The town is home to a variety of businesses, including a historic downtown area, a variety of restaurants, and a variety of recreational activities. Pendleton is a great place to live, work, and play, and its residents take pride in their town.

The average rent for an apartment in Pendleton is $1,886. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Pendleton Indiana | Cost of Living

  • The most expensive ZIP code in Pendleton is 46064 with an average price of $1,838.
  • The cheapest ZIP code in Pendleton is 46064 with an average price of $1,838.

Pendleton ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
146064$1,838

Live near Pendleton, Indiana's Top Sights and Attractions

Falls Park is a scenic outdoor attraction located in a small town in Indiana. It features a large waterfall cascading down a rocky cliff, surrounded by lush greenery and a picturesque walking path. Visitors can take in the beauty of the falls from a variety of vantage points, including a bridge that crosses the river at the base of the falls. The park also features a playground, picnic areas, and a variety of trails for hiking and biking.

Pendleton Dog Park is a large, fenced-in area that provides a safe and fun environment for dogs and their owners. It features a variety of amenities, including a large grassy area, benches, and a separate area for small dogs. There are also several agility obstacles, such as tunnels, hurdles, and weave poles, to help keep your pup entertained. The park also provides water fountains and waste bags to make sure your pup stays hydrated and clean.

The Pendleton Historical Museum is a charming attraction located in a small town in Indiana. It is housed in a historic building that was once a schoolhouse, and it features a variety of exhibits that tell the story of the town's history. Visitors can explore artifacts, photographs, and documents that tell the story of the town's past, from its founding to the present day. The museum also features a variety of interactive displays, including a replica of a 19th century schoolroom, a model of the town's original courthouse, and a replica of a 19th century general store. The museum also offers educational programs and special events throughout the year.

Greetings from Pendleton is a unique outdoor art installation that celebrates the small town of Pendleton, Indiana. The installation consists of a large mural featuring the town's iconic landmarks, such as the historic courthouse, the old train depot, and the local high school. The mural is painted on a large wall and is surrounded by colorful metal sculptures of the town's most beloved characters, including a farmer, a teacher, and a soldier. The installation is a great way to show off the town's history and culture, and it's a great spot for visitors to take photos and learn more about the town.

Pendleton Falls Park is a scenic park located in a small town in Indiana. It features a large waterfall cascading over a rocky cliff, surrounded by lush green foliage. Visitors can take a leisurely stroll along the winding trails that lead to the falls, or take a dip in the cool, clear waters of the pool below. The park also offers picnic areas, playgrounds, and a variety of outdoor activities, such as fishing, canoeing, and kayaking. With its breathtaking views and peaceful atmosphere, Pendleton Falls Park is a great place to relax and enjoy nature.

Pendleton Community Park is a large outdoor recreational area located in a rural setting. It features a variety of activities for all ages, including a large playground, walking trails, a fishing pond, picnic areas, and a disc golf course. The park also has a pavilion and a stage for outdoor concerts and events. The park is surrounded by lush green trees and grassy fields, making it a great place to relax and enjoy nature.

Pendleton, Indiana area median rent change by ZIP code map

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How does Pendleton compare to other cities in Indiana?

citymedian price
Noblesville$1,805
Brownsburg$1,790
Clarksville$1,421
Kokomo$941
Columbia City$915
Elwood$895
Nappanee$850

Average household income in Pendleton area graph - US Census

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The median household income in Pendleton in 2021 was $76,028. This represents a 47.8% change from 2011 when the median was $51,431.

#categorypercent
0Less than $10,0006.0%
1$10,000 to $14,9994.7%
2$15,000 to $19,9995.1%
3$20,000 to $24,9997.3%
4$25,000 to $29,9991.7%
5$30,000 to $34,9994.9%
6$35,000 to $39,9993.3%
7$40,000 to $44,9992.7%
8$45,000 to $49,9994.7%
9$50,000 to $59,9996.5%
10$60,000 to $74,99915.4%
11$75,000 to $99,99912.0%
12$100,000 to $124,9996.3%
13$125,000 to $149,9999.1%
14$150,000 to $199,9995.7%
15$200,000 or more4.6%

Neighborhoods in Pendleton

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Pendleton is $1,886.
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