Median home value: $326K (+2.8% YoY). Rent: $1,985/mo. Price-to-rent: 13.7x. Part of Indianapolis-Carmel-Anderson, IN.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Indianapolis-Carmel-Anderson, IN metro page.
Home Value$325,756
+2.8%
Rent$1,985/mo
AFFORDABILITYBuying $58/mo cheaper ($1,985 rent)6.00% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Enter your income for Pendleton.
$65,151 on $325,756
Stretch — 30.8% of income
Above 28% but manageable with cuts.
PITI$1,927
P/I30.8%
Afford$296K
Gap-$30K
P&I $1,562Tax $231Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing