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$705 - $1,556Studio to 2 Bedroom Apartments Available Now
Garfield Park Village
360 Sandra LnIndianapolis, IN 46227
Cheap Apartments for Rent in the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shelby Street-Epler Avenue area of Indianapolis.
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$765 - $1,470Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
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$775 - $995
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$775 - $995
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One Somerset
3761 S State AveIndianapolis, IN 46227
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$806 - $1,4971 to 2 Bedroom Apartments Available Now
Pine Glen
4259 Burkhart DrIndianapolis, IN 46227
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$839 - $1,3991 to 3 Bedroom Apartments Available Now
Capital Place
4100 Continental CtIndianapolis, IN 46227
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$839 - $1,4391 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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$845 - $1,5352 to 3 Bedroom Apartments Available Now
Strawbridge Green
4649 Strawbridge StIndianapolis, IN 46237
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$849 - $9991 to 2 Bedroom Apartments Available Now
Sawmill Apartments
3708 Lickridge Lane DrIndianapolis, IN 46237
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$850 - $1,3291 to 3 Bedroom Apartments Available Now
Greentree Apartments
2524 Tamarack LnIndianapolis, IN 46227
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$860 - $1,4401 to 2 Bedroom Apartments Available Now
Meridian Court South
7266 Lockwood LnIndianapolis, IN 46217
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$863 - $1,8191 to 3 Bedroom Apartments Available Now
SOUTHPORT AT BUCK CREEK
1451 E Southport RdIndianapolis, IN 46227
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$899 - $1,225Studio to 2 Bedroom Apartments Available Now
Parc Bordeaux Apartments
3410 Rue ChanelIndianapolis, IN 46227
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$900 - $1,1001 to 2 Bedroom Apartments Available Now
Buckridge at Southport
6933 Buckridge West DrIndianapolis, IN 46227
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$925 - $1,3001 to 3 Bedroom Apartments Available Now
Sherman Village
4603 S Sherman DrIndianapolis, IN 46237
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$928 - $1,1121 to 2 Bedroom Apartments Available Now
Thompson Village Apartments
139 Thompson Village WayIndianapolis, IN 46227
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$999 - $1,6141 to 3 Bedroom Apartments Available Now
Martinique Terrace
6789 S East StIndianapolis, IN 46227
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$1,000 - $1,3601 to 3 Bedroom Apartments Contact Us For Availability
City Heights
457 Monument View DrIndianapolis, IN 46227
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$1,025 - $1,089Studio to 2 Bedroom Apartments Available Apr 30
Cherry Glen
2760 Cherry Glen WayIndianapolis, IN 46227
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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$1,049 - $1,4551 to 2 Bedroom Apartments Available Now
Creek Bay
6650 Creek Bay DrIndianapolis, IN 46217
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$1,099 - $1,2601 to 2 Bedroom Apartments Available Now
Fox Club
4401 S Keystone AveIndianapolis, IN 46227
1222 E Thompson Rd
IndianapolisIN46227
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$1,147 - $1,7771 to 3 Bedroom Apartments Available Now
Murphy's Landing
6909 Murphys Landing LnIndianapolis, IN 46217
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$1,199 - $1,5991 to 3 Bedroom Apartments Available Now
Hanna Village
4020 Hanna Village DrIndianapolis, IN 46227
717-717 Southfield Ct
IndianapolisIN46227
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$1,325 - $1,899Studio to 2 Bedroom Apartments Available Now
The Jacob
2110 E Southport RdIndianapolis, IN 46227
2121-2123 Fairfax Rd
IndianapolisIN46227
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1 Bedroom Apartments
Parkside Living Apartments
2900 S Pennsylvania StIndianapolis, IN 46225
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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Studio to 3 Bedroom Apartments
Rosedale Hills
2139 E Hanna AveIndianapolis, IN 46227
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Crossroads at Madison
4725 Madison AveIndianapolis, IN 46227
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Stone Lake
2913 E Hanna AveIndianapolis, IN 46227
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Estate View
6768 S East StIndianapolis, IN 46227
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Windsor Court
7302 Queen Anne CtIndianapolis, IN 46227
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Studio to 3 Bedroom Apartments
South & Madison
1819 Madison Village DrIndianapolis, IN 46227
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Spicewood
354 Spicewood DrIndianapolis, IN 46227
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Crossroads at Southgreen
5030 Southgreen DrIndianapolis, IN 46227
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Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
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Markwood Terrace Apartments
920 E Markwood AveIndianapolis, IN 46227
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Grand Oaks
7215 Grand Ritz LnIndianapolis, IN 46237
615 E Thompson Rd
IndianapolisIN46227
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Dakota Ridge
1510 Dakota Ridge DrIndianapolis, IN 46217
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2 Bedroom Apartments
Fairfax Duplexes
2123 Fairfax RdIndianapolis, IN 46227
4929 Mt Vernon Dr
IndianapolisIN46227
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$1,014 - $1,7951 to 3 Bedroom Apartments Available Now
Willow Glen South
4880 Willow Glen DrBeech Grove, IN 46107
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1 to 2 Bedroom Apartments
Francis Apartments
1819 Main StBeech Grove, IN 46107
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Beech Grove Place Apartments
2314 Main StBeech Grove, IN 46107
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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1 to 3 Bedroom Apartments
The U
2425 Albany StBeech Grove, IN 46107
Showing Results 1-46, Page 1 of 1
Shelby Street-Epler Avenue, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Shelby Street-Epler Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby Street-Epler Avenue Studio Apartments | $1,061 | $749 | $1,325 |
| Shelby Street-Epler Avenue 1 Bedroom Apartments | $1,061 | $705 | $1,650 |
| Shelby Street-Epler Avenue 2 Bedroom Apartments | $1,224 | $775 | $1,899 |
| Shelby Street-Epler Avenue 3 Bedroom Apartments | $1,478 | $1,050 | $2,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN.
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Shelby Street-Epler Avenue, Indianapolis, IN Local Guide
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Cheapest Available Shelby Street-Epler Avenue Apartments for Rent
The cheapest available apartment rental in the Shelby Street-Epler Avenue area of Indianapolis, IN is a 1 Bed unit found at Garfield Park Village priced from $705. 5700 Madison Apartments & Edgewood on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Shelby Street-Epler Avenue apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garfield Park Village | 1/1 Vintage | 1BR,1BA | $705 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $765 |
| One Somerset | *ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba... | 2BR,1BA | $775 |
| Pine Glen | Elm Classic | 1BR,1BA | $807 |
| South & Madison | E1 | Studio,1BA | $809 |
| Stone Lake | 1x1 Renovated | 1BR,1BA | $825 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $839 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $839 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Spicewood | Studio | Studio,1BA | $849 |
Best Value Apartments for Rent in Shelby Street-Epler Avenue, IN
As of April 22, 2026 the best value apartment in the Shelby Street-Epler Avenue area is the $1.12 price per square foot Sherman Model at Strawbridge Green in the in the Shelby Street-Epler Avenue neighborhood starting from $1,470. The second greatest value Shelby Street-Epler Avenue apartment is the 3Bd/1.5Ba Dn W/D Model at Martinique Terrace starting at $1,499 with a $1.15 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Shelby Street-Epler Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Strawbridge Green | Sherman | 3BR,2.5BA | $1.12 |
| Martinique Terrace | 3Bd/1.5Ba Dn W/D | 3BR,1.5BA | $1.15 |
| Fox Club | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.22 |
| Windsor Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.15 |
| SOUTHPORT AT BUCK CREEK | 2 Bedroom | 2BR,1BA | $1.28 |
| Brookwood Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.20 |
| Parc Bordeaux Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.10 |
| Pine Glen | Oak Classic | 2BR,1BA | $1.28 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.25 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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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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.
Read ArticleYour 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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Pet Friendly LifestyleShelby Street-Epler Avenue, Indianapolis, IN
Ranked #89
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Indianapolis, Indiana. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, family-friendliness, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Shelby Street-Epler Avenue Apartments
What is a cheap apartment in Shelby Street-Epler Avenue?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shelby Street-Epler Avenue is under $849.
What is the price of a cheap apartment in Shelby Street-Epler Avenue?
The cheapest apartment in Shelby Street-Epler Avenue is Garfield Park Village which is listed at $705, while the average apartment in Shelby Street-Epler Avenue costs $1,470.
What types of apartments are the cheapest in Shelby Street-Epler Avenue?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 31 regular apartments in Shelby Street-Epler Avenue that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Shelby Street-Epler Avenue?
Cheap apartments in Shelby Street-Epler Avenue have an average cost of $142 which is $1,328 cheaper than the average rent for all rentals in Shelby Street-Epler Avenue.
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.
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