Cheap Apartments for Rent in the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN from $495 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Shelby Street-Epler Avenue area of Indianapolis.

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One Somerset
Rent Specials
$875 - $1,025

Total Monthly Price

Base Rent$875 - $1,025
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

One Somerset

3761 S State AveIndianapolis, IN 46227
Affordability
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property at 5736 Madison Ave
$2,600

Total Monthly Price

Base Rent$2,600
Total Monthly Price$2,600
3 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

5736 Madison Ave

IndianapolisIN46227
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Stone Lake
1 to 2 Bedroom Apartments

Stone Lake

2913 E Hanna AveIndianapolis, IN 46227
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Estate View
1 to 2 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227

Shelby Street-Epler Avenue - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Spicewood
Studio to 2 Bedroom Apartments

Spicewood

354 Spicewood DrIndianapolis, IN 46227
Senior Living
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Ninth Avenue Apartments
Studio to 3 Bedroom Apartments

Ninth Avenue Apartments

4651 Mimi DrIndianapolis, IN 46237
Corporate Housing
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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
  • Utilities Included
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CrossRoads @ Southgreen
1 to 2 Bedroom Apartments

CrossRoads @ Southgreen

5030 Southgreen DrIndianapolis, IN 46227
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Dakota Ridge
1 to 3 Bedroom Apartments

Dakota Ridge

1510 Dakota Ridge DrIndianapolis, IN 46217
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Fairfax Duplexes
2 Bedroom Apartments

Fairfax Duplexes

2123 Fairfax RdIndianapolis, IN 46227

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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
  • Utilities Included
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The U
1 to 3 Bedroom Apartments

The U

2425 Albany StBeech Grove, IN 46107
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Showing Results 1-49, Page 1 of 1

Shelby Street-Epler Avenue, Indianapolis, IN Local Guide

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 $683. Garfield Park Village has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Shelby Street-Epler Avenue apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$683
Garfield Park Village0/1 RenovatedStudio,1BA$749
Cherry GlenStudioStudio,1BA$799
South & MadisonE2Studio,1BA$809
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$810
SpicewoodStudioStudio,1BA$819
Capital PlaceOne Bedroom One Bath TH1BR,1BA$824
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$850
Pine Glen1x1 Classic WL1BR,1BA$870

Best Value Apartments for Rent in Shelby Street-Epler Avenue, IN

As of September 10, 2026 the best value apartment in the Shelby Street-Epler Avenue area is the $1.09 price per square foot Two Bedroom 1.5 Bath Model at Fox Club in the in the Shelby Street-Epler Avenue neighborhood starting from $1,090. The second greatest value Shelby Street-Epler Avenue apartment is the Two Bedroom Two Bathroom (C3M) Model at Windsor Court starting at $1,118 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fox ClubTwo Bedroom 1.5 Bath2BR,1.5BA$1.09
Windsor CourtTwo Bedroom Two Bathroom (C3M)2BR,2BA$1.15
SOUTHPORT AT BUCK CREEK2 Bedroom2BR,1BA$1.10
Brookwood Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.23
CrossRoads @ Madison ParkCrossRoads @ Madison Park - 012BR,1BA$1.10
701 E Perry St, Unit 701 E. Perry Street701 E Perry St2BR,1BA$1.06
755 E Perry St, Unit 755 E. Perry Street755 E Perry St2BR,1BA$1.06
CrossRoads @ SouthgreenCrossRoads @ Southgreen - 615-1...2BR,1BA$1.20
Strawbridge GreenThompson2BR,1BA$1.28
Buckridge at Southport1BR/1.0BA1BR,1BA$1.24

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Pet Friendly Lifestyle
Shelby Street-Epler Avenue, Indianapolis, IN

Ranked #102

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 the Cheapest Studio apartment in Shelby Street-Epler Avenue?

Currently the most affordable Cheap Studio Apartment in Shelby Street-Epler Avenue is at 5700 Madison Apartments & Edgewood on Madison listed at $683.

How much is rent for a Cheap One Bedroom Shelby Street-Epler Avenue Apartment?

The lowest price for a Cheap One Bedroom Shelby Street-Epler Avenue Apartment is $810 at Brookwood Apartments.

What is the lowest price for a Cheap Two Bedroom Shelby Street-Epler Avenue Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shelby Street-Epler Avenue is starting from $849 at Capital Place.

What is the most affordable Shelby Street-Epler Avenue Three Bedroom Apartment?

The best deal on a cheap Shelby Street-Epler Avenue Three Bedroom Apartment rental is at Strawbridge Green and starts from $1,015.

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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