
Cheap Apartments for Rent in the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shelby Street-Epler Avenue area of Indianapolis.


Total Monthly Price
One Somerset

5700 Madison Apartments & Edgewood on Madison

Pine Glen

Cherry Glen

Sawmill Apartments

Parc Bordeaux Apartments

Greentree Apartments

Brookwood Apartments
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Buckridge at Southport

SOUTHPORT AT BUCK CREEK

1320 1/2 Norton Ave, Unit 2

Meridian Court South

Sherman Village

Thompson Village Apartments

Strawbridge Green

Martinique Terrace

Capital Place
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City Heights

Murphy's Landing

Hanna Village

Fox Club

Creek Bay

2121-2123 Fairfax Rd

Bluff Crossing Apartments

The Jacob

Parkside Living Apartments
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Crossroads at Madison

Stone Lake

Estate View

Windsor Court

Spicewood

South & Madison

Crossroads at Southgreen

Ninth Avenue Apartments
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Markwood Terrace Apartments

Grand Oaks

615 E Thompson Rd

Dakota Ridge

5870 Villa Ave

Fairfax Duplexes

4929 Mt Vernon Dr

Willow Glen South

Francis Apartments
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Beech Grove Place Apartments

The U
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 | $945 | $790 | $1,435 |
| Shelby Street-Epler Avenue 1 Bedroom Apartments | $1,051 | $774 | $1,650 |
| Shelby Street-Epler Avenue 2 Bedroom Apartments | $1,212 | $775 | $1,909 |
| Shelby Street-Epler Avenue 3 Bedroom Apartments | $1,461 | $1,035 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 47 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 $774. One Somerset has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. 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 Classic | 1BR,1BA | $774 |
| One Somerset | One Somerset - 1 Bed/1 Bath* Call about our Mov... | 2BR,1BA | $775 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $790 |
| Spicewood | Studio | Studio,1BA | $799 |
| Pine Glen | Cedar Vintage | 1BR,1BA | $799 |
| South & Madison | E2 | Studio,1BA | $809 |
| Cherry Glen | Studio | Studio,1BA | $819 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
| Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
| Greentree Apartments | 1x1 Classic | 1BR,1BA | $889 |
Best Value Apartments for Rent in Shelby Street-Epler Avenue, IN
As of June 06, 2026 the best value apartment in the Shelby Street-Epler Avenue area is the $1.35 price per square foot 3x2.5 TH R Model at South Haven Village Apartments in the in the Winchester Village neighborhood starting from $1,755. The second greatest value Shelby Street-Epler Avenue apartment is the 2Bed/2Bath Model at Creek Bay starting at $1,305 with a $1.28 price per square foot in the Shelby Street-Epler Avenue 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. |
|---|---|---|---|
| South Haven Village Apartments | 3x2.5 TH R | 3BR,2.5BA | $1.35 |
| Creek Bay | 2Bed/2Bath | 2BR,2BA | $1.28 |
| Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.13 |
| Windsor Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.15 |
| Strawbridge Green | Lindberg | 3BR,1.5BA | $1.07 |
| South & Madison | B2 | 2BR,1BA | $1.19 |
| Martinique Terrace | 1 Bed/1 Ba Up Mini W/D | 1BR,1BA | $1.18 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.25 |
| Sherman Village | Garden Apt | 1BR,1BA | $1.28 |
| Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.31 |
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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleShelby Street-Epler Avenue, Indianapolis, IN
Ranked #81
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 $889.
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 $774, while the average apartment in Shelby Street-Epler Avenue costs $1,459.
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 35 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 $222 which is $1,237 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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