Cheap Homes for Rent in Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN from $900 (16 Rentals)

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

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property at 515 Stover Ave

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IndianapolisIN46227

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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 Country Club Apartments priced from $699. 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 ListingModel NameBed/BathPriced From
Country Club ApartmentsStudioStudio,1BA$699
5700 Madison Apartments & Edgewood on MadisonEdgewood - LoftStudio,1BA$765
Cherry GlenStudioStudio,1BA$839
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Parc Bordeaux ApartmentsStudioStudio,1BA$850

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

As of June 23, 2025 the best value apartment in the Shelby Street-Epler Avenue area is the $1.17 price per square foot 3x2.5 TH Model at South Haven Village Apartments in the in the Winchester Village neighborhood starting from $1,520. The second greatest value Shelby Street-Epler Avenue apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,125 with a $1.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
South Haven Village Apartments3x2.5 TH3BR,2.5BA$1.17
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
Capital PlaceTwo Bedroom One Bath TH2BR,1BA$1.06
Martinique Terrace1Bd/1Ba-Dn Mini W/D1BR,1BA$1.35
Strawbridge GreenEmerson2BR,1BA$1.31
Creek Bay1Bed/1Bath Large1BR,1BA$1.44
Pine GlenOne Bedroom One Bath1BR,1BA$1.11
Brookwood ApartmentsEvergreen Three1BR,1BA$1.28
City Heights1A1BR,1BA$1.44
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

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Frequently Asked Questions about Shelby Street-Epler Avenue

What type of rentals are currently available in Shelby Street-Epler Avenue?

There are currently 33 Apartments for Rent in Shelby Street-Epler Avenue, IN with pricing that ranges from $354 to $2,220. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby Street-Epler Avenue ranging from $975 to $2,500.

What is the current price range for Rental Homes in Shelby Street-Epler Avenue?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelby Street-Epler Avenue ranges from $975 to $2,500 with an average monthly rent of $1,760.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.