Studio Apartment Rent in Pendleton, IN
Median asking rent for a studio apartment in Pendleton, Indiana as of July 2026. That's +57% lower than the citywide median of $2,068 and +31% below the national studio median of $1,290.
Income needed for a studio in Pendleton
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Pendleton
Compare Pendleton's median rent across every apartment size.
Cheapest cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Frankfort | $517 |
| 2 | Crawfordsville | $644 |
| 3 | Marion | $650 |
| 4 | East Chicago | $670 |
| 5 | Michigan City | $700 |
| 6 | Richmond | $710 |
| 7 | Delphi | $720 |
| 8 | Angola | $730 |
| 9 | New Castle | $730 |
| 10 | Muncie | $735 |
| 11 | Mishawaka | $740 |
| 12 | Logansport | $770 |
| 13 | South Bend | $775 |
| 14 | Kokomo | $780 |
| 15 | Evansville | $792 |
Most expensive cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Zionsville | $1,390 |
| 2 | Whitestown | $1,330 |
| 3 | Carmel | $1,327 |
| 4 | McCordsville | $1,210 |
| 5 | Lawrence | $1,205 |
| 6 | Avon | $1,190 |
| 7 | Westfield | $1,180 |
| 8 | Fishers | $1,170 |
| 9 | Brownsburg | $1,120 |
| 10 | Sellersburg | $1,100 |
| 11 | Granger | $1,070 |
| 12 | Noblesville | $1,050 |
| 13 | Columbus | $1,045 |
| 14 | Munster | $1,040 |
| 15 | Plainfield | $1,030 |
Nearby cities — studio rent
Considering nearby alternatives? 2 of these cities have cheaper studio rents than Pendleton.
| City | Distance | Studio rent | vs Pendleton |
|---|---|---|---|
| Anderson, IN | 9.4 mi | $793 | $-97 (-11%) |
| Greenfield, IN | 12.6 mi | $890 | — |
| McCordsville, IN | 13 mi | $1,210 | +$320 (+36%) |
| Fishers, IN | 13.6 mi | $1,170 | +$280 (+31%) |
| Noblesville, IN | 18 mi | $1,050 | +$160 (+18%) |
| Lawrence, IN | 18.6 mi | $1,205 | +$315 (+35%) |
| Carmel, IN | 27.1 mi | $1,327 | +$437 (+49%) |
| Muncie, IN | 28 mi | $735 | $-155 (-17%) |
| Westfield, IN | 30 mi | $1,180 | +$290 (+33%) |
| Beech Grove, IN | 30.5 mi | $890 | — |
| Indianapolis, IN | 31.4 mi | $1,003 | +$113 (+13%) |
| Shelbyville, IN | 31.5 mi | $890 | — |
Studio rent in Pendleton — common questions
How much is a studio apartment in Pendleton?
As of July 2026, the median studio apartment rent in Pendleton, Indiana is $890 per month. This is +57% below the citywide median of $2,068.
What income do you need to afford a studio in Pendleton?
Using the standard 30% rent-to-income rule, you would need an annual income of about $35,600 ($2,967/month gross), which works out to roughly $17.12/hour at a full-time job.
Is Pendleton expensive for a studio compared to the rest of the US?
Pendleton's studio median of $890 is +31% below the national studio median of $1,290. It ranks in the 18th percentile of US cities tracked.
How does Pendleton rank for studio rent in Indiana?
Among the 63 cities in Indiana with studio data, Pendleton ranks #31 from cheapest to most expensive.
Are there cheaper studio options near Pendleton?
Yes — nearby cities with cheaper studio rents include Anderson ($793), Muncie ($735).