
Cheap Homes for Rent in Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Shelby Street-Epler Avenue area of Indianapolis.


1320 1/2 Norton Ave
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.

615 E Thompson Rd

5870 Villa Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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4929 Mt Vernon Dr
Shelby Street-Epler Avenue, Indianapolis, IN Local Guide

How much does it cost to rent a home in Shelby Street-Epler Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby Street-Epler Avenue 2 Bedroom Homes for Rent | $975 | $975 | $975 |
| Shelby Street-Epler Avenue 3 Bedroom Homes for Rent | $1,755 | $1,400 | $2,115 |
| Shelby Street-Epler Avenue 4 Bedroom Homes for Rent | $1,349 | $1,349 | $1,349 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 $758. 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 Renovated | 1BR,1BA | $758 |
| One Somerset | *ACT NOW- Price Drop* One Somerset - 1 Bed/1 Ba... | 2BR,1BA | $775 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $790 |
Best Value Apartments for Rent in Shelby Street-Epler Avenue, IN
As of May 31, 2026 the best value apartment in the Shelby Street-Epler Avenue area is the $0.91 price per square foot 3 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK in the in the Winchester Village neighborhood starting from $1,629. The second greatest value Shelby Street-Epler Avenue apartment is the Sherman Model at Strawbridge Green starting at $1,560 with a $1.19 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 | 3 Bedroom Townhome | 3BR,2.5BA | $0.91 |
| Strawbridge Green | Sherman | 3BR,2.5BA | $1.19 |
| Capital Place | Three Bedroom 1.5 Bath TH w/Den | 3BR,1.5BA | $1.16 |
| Fox Club | Two Bedroom Two Bath | 2BR,2BA | $1.13 |
| Windsor Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.15 |
| 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 |
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.
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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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
Frequently Asked Questions about Shelby Street-Epler Avenue
What type of rentals are currently available in Shelby Street-Epler Avenue?
There are currently 68 Apartments for Rent in Shelby Street-Epler Avenue, IN with pricing that ranges from $758 to $2,500. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby Street-Epler Avenue ranging from $975 to $2,115.
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 $2,115 with an average monthly rent of $1,359.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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Neighborhood and Market Insights: How to Choose the Right Area to Rent
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.