close
View Me
Rent Specials
$665 - $1,370Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
Cheap Apartments for Rent in the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shelby Street-Epler Avenue area of Indianapolis.
close
View Me
$761 - $1,3231 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
close
View Me
Rent Specials
$769 - $1,6221 to 2 Bedroom Apartments Available Now
Garfield Park Village
360 Sandra LnIndianapolis, IN 46227
close
View Me
$775 - $1,0501 to 2 Bedroom Apartments Available Now
One Somerset
3761 S State AveIndianapolis, IN 46227
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
Showing Results 1-16, 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 | $1,020 | $665 | $1,325 |
| Shelby Street-Epler Avenue 1 Bedroom Apartments | $1,088 | $761 | $1,650 |
| Shelby Street-Epler Avenue 2 Bedroom Apartments | $1,207 | $805 | $1,913 |
| Shelby Street-Epler Avenue 3 Bedroom Apartments | $1,516 | $1,155 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Shelby Street-Epler Avenue, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $665. Windsor Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $728. Here are the most affordable Shelby Street-Epler Avenue apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $665 |
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| Garfield Park Village | 1/1 Vintage | 1BR,1BA | $764 |
| Spicewood | Studio | Studio,1BA | $799 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $800 |
Best Value Apartments for Rent in Shelby Street-Epler Avenue, IN
As of October 15, 2025 the best value apartment in the Shelby Street-Epler Avenue area is the $0.84 price per square foot 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK in the in the Winchester Village neighborhood starting from $1,172. The second greatest value Shelby Street-Epler Avenue apartment is the Two Bedroom 1.5 Bath Model at Fox Club starting at $1,199 with a $1.20 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. |
|---|---|---|---|
| SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.84 |
| Fox Club | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.20 |
| Sawmill Apartments | 2 Bed 1 Bath Large | 2BR,1BA | $1.02 |
| Martinique Terrace | 2 Bed/1 Ba Standard Dn | 2BR,1BA | $1.27 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.08 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.36 |
| Dakota Ridge | Lakota | 1BR,1BA | $1.29 |
| Capital Place | Two Bedroom One Bath | 2BR,1BA | $1.38 |
| Brookwood Apartments | Evergreen Three | 1BR,1BA | $1.22 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.11 |
Quick 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.
Let everyone know!
Do you know the Shelby Street-Epler Avenue area?
If you’re an expert on all things Shelby Street-Epler Avenue, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleShelby Street-Epler Avenue, Indianapolis, IN
Ranked #99
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $905.
What is the price of a cheap apartment in Shelby Street-Epler Avenue?
The cheapest apartment in Shelby Street-Epler Avenue is Windsor Court which is listed at $728, while the average apartment in Shelby Street-Epler Avenue costs $1,495.
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 20 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 $157 which is $1,338 cheaper than the average rent for all rentals in Shelby Street-Epler Avenue.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.