
Cheap Homes for Rent in Selma, IN from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Selma.


611 W Jackson St

3423 S Dayton Ave

1015 S Pittenger Rd

302 W 6th St

745 N Mulberry St
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.

1101 S Pittenger Rd

2300 E Memorial Dr

1603 E Princeton Ave

6318 E Piccadilly Rd

206 E 6th St

1423 S Franklin St

2407 S Mulberry St
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

3104 S Vine St
Selma, IN Local Guide

How much does it cost to rent a home in Selma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Selma 2 Bedroom Homes for Rent | $974 | $725 | $1,335 |
Selma 3 Bedroom Homes for Rent | $1,173 | $795 | $1,600 |
Selma 4 Bedroom Homes for Rent | $1,455 | $1,455 | $1,455 |
Selma 5 Bedroom Homes for Rent | $2,059 | $2,059 | $2,059 |
Browse Top Homes for Rent in Selma
Explore Selma
Selma, IN Local Guide
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Cheapest Available Selma Apartments for Rent and Nearby
 The cheapest available apartment rental in Selma, IN is a 1 Bed unit found at Grand Avenue Commons priced from $376. Applegate in the Westacres neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable Selma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $376 |
Applegate | Studio | Studio,1BA | $745 |
Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $799 |
Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $850 |
Best Value Apartments for Rent in Selma, IN and Nearby
As of August 14, 2025 the best value apartment in the Selma area is the $0.81 price per square foot 3 Beds, 2 baths Model at Golden Pebble Estates in the starting from $1,276. The second greatest value Selma apartment is the 2BD/2BA Furnished Premium Model at University Village starting at $809 with a $0.62 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Selma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Golden Pebble Estates | 3 Beds, 2 baths | 3BR,2BA | $0.81 |
University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
Delaware Acres | 3 Beds, 2 baths | 3BR,2BA | $1.02 |
Aspen/Snowmass Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.31 |
The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.72 |
Canterbury Townhomes | 2x1.5 R | 2BR,1.5BA | $1.27 |
Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $0.54 |
6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
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Frequently Asked Questions about Selma
What type of rentals are currently available in Selma?
There are currently 47 Apartments for Rent in Selma, IN with pricing that ranges from $350 to $2,515. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $595 to $2,059.
What is the current price range for Rental Homes in Selma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Selma ranges from $595 to $2,059 with an average monthly rent of $1,283.
How much are larger Three and Four Bedroom Rentals in Selma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Selma range from $350 to $2,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,455 and Four Bedroom Apartments start at $350.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.