Cheap Apartments for Rent in Fairland, IN from $700 (33 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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property at 4881 300W

$850

2 Bedroom Rentals

Available Now

4881 300W

New PalestineIN46163

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-33, Page 1 of 1

Fairland, IN Local Guide

Cheapest Available Fairland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairland, IN is a 1 Bed unit found at 403 E Washington St in the Downtown Shelbyville neighborhood priced from $750. Waterbury Apartments in the Tracy Commons neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Fairland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
403 E Washington St1BR/1.0BA1BR,1BA$750
Waterbury ApartmentsStudioStudio,1BA$775
Heathmoore - IndianapolisStudio 1 BathStudio,1BA$795
Courts of Valle Vista1Bed/1Ba-Up (B)1BR,1BA$864
Emerson VillageThe Cardinal - Premium1BR,1BA$935
Washington Village ApartmentsThe Colonial1BR,1BA$989
Loper CommonsOne Bedroom Apartment II1BR,1BA$994
Mission HillsA2 Costa Mesa1BR,1BA$999
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$999
The Fairways at Valle VistaAce1BR,1BA$1,009

Best Value Apartments for Rent in Fairland, IN and Nearby

As of December 27, 2025 the best value apartment in the Fairland area is the $1.18 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,899. The second greatest value Fairland apartment is the E1r Model at Brixin Franklin starting at $1,924 with a $1.31 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Fairland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL33BR,2BA$1.18
Brixin FranklinE1r4BR,2BA$1.31
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.17
Yorktowne Farms Community2 Bed 2.5 Bath Townhome2BR,2.5BA$1.25
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
Water Dance Apartments2BR/1BA2BR,1BA$1.27
Summit PointeThe Columbus1BR,1BA$1.22
Washington Village ApartmentsThe Colonial1BR,1BA$1.24
403 E Washington St1BR/1.0BA1BR,1BA$1.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle

Ranked #

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Best Local Schools in
Fairland, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Fairland Apartments

What is the Cheapest Studio apartment in Fairland?

Currently the most affordable Cheap Studio Apartment in Fairland is at Waterbury Apartments listed at $775.

How much is rent for a Cheap One Bedroom Fairland Apartment?

The lowest price for a Cheap One Bedroom Fairland Apartment is $750 at 403 E Washington St.

What is the lowest price for a Cheap Two Bedroom Fairland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairland is starting from $999 at Martin Estates Apartments.

What is the most affordable Fairland Three Bedroom Apartment?

The best deal on a cheap Fairland Three Bedroom Apartment rental is at Yorktowne Farms Community and starts from $1,375.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!