
Cheap Apartments for Rent in Shadeland, IN from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Shadeland.


1116-1118 Holloway St

1018-1020 Holloway St

Southridge Commons

Winfield Farms - Garages Available

202 Pierce St

The Ridge 2

Cypress Square

Shadeland Estates

Elston Point
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.

2851-2853 Plaza Ln

Southern Winds Apartments

The Reserve at Madison Flatts

Churchwoods Apartments

Total Monthly Price
1203 Weaver St, Unit B, Unit B

2701-2703 Plaza Ln

140 S. Salisbury St.

Total Monthly Price
State Street Commons

Parkwood Apartments

Aberdeen
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.

112 Pierce St

Varsity

The Bluffs

White Pines Duplexes

224 S. Salisbury St.

The Vintage

Overlook Pointe

248 S Chauncey Ave

Woodcrest

231 Sheetz 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.

2803 S. Beck Lane

Pierce Street Suites

MULTIPLE OPTIONS- FULL HOUSE OR PARTIAL

1008 North St

Copper Gate Apartments

1318 South St

630 S 15th St

Parkview Apartments

Hillside Apartments

2835 Plaza Ln
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

213 S 9th St

549 S 3rd St

Holloway Street Apartments

2107 Central St

1609 Grove St

1611 Grove St

3209 Underwood St

1609 Arlington Rd

1821 IN-26

Grant Street Lofts
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Shadeland, IN Local Guide

How much does it cost to rent an apartment in Shadeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shadeland Studio Apartments | $1,931 | $895 | $2,449 |
| Shadeland 1 Bedroom Apartments | $1,619 | $795 | $2,599 |
| Shadeland 2 Bedroom Apartments | $1,750 | $675 | $2,800 |
| Shadeland 3 Bedroom Apartments | $1,437 | $1,075 | $1,809 |
| Shadeland 4 Bedroom Apartments | $1,470 | $615 | $1,739 |
Browse Top Apartments in Shadeland
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Shadeland, IN Local Guide
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Cheapest Available Shadeland Apartments for Rent and Nearby
 The cheapest available apartment rental in Shadeland, IN is a Studio unit found at Varsity in the Downtown West Lafaytte neighborhood priced from $699. Winfield Farms - Garages Available has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Shadeland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Varsity | The Varsity - 109 **Short term Lease** | Studio,1BA | $699 |
| Winfield Farms - Garages Available | 1 Bedroom | 1BR,1BA | $975 |
| Southridge Commons | A1 | 1BR,1BA | $1,045 |
| Elston Point | 1x1 | 1BR,1BA | $1,090 |
| Holloway Street Apartments | Holloway St. - 2 Bedroom, 1 Bath | 2BR,1BA | $1,150 |
| The Reserve at Madison Flatts | A1 | 1BR,1BA | $1,195 |
| Churchwoods Apartments | 2 Bed 2 Bath SHORT-TERM LEASE ONLY, AVAILABLE NOW! | 2BR,2BA | $1,195 |
| Cypress Square | B1 | 2BR,1BA | $1,225 |
| Southern Winds Apartments | 2 Bed/2 Bath | 2BR,2BA | $1,250 |
Best Value Apartments for Rent in Shadeland, IN and Nearby
As of April 30, 2026 the best value apartment in the Shadeland area is the $1.41 price per square foot Haydenwood Model at Redwood Lafayette in the starting from $1,899. The second greatest value Shadeland apartment is the 2 Bed/2 Bath Vaulted Model at Southern Winds Apartments starting at $1,300 with a $1.20 price per square foot . Here is today’s list of the best values for Shadeland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Lafayette | Haydenwood | 2BR,2BA | $1.41 |
| Southern Winds Apartments | 2 Bed/2 Bath Vaulted | 2BR,2BA | $1.20 |
| Churchwoods Apartments | 2 Bed 2 Bath SHORT-TERM LEASE ONLY, AVAILABLE NOW! | 2BR,2BA | $1.28 |
| Cypress Square | B1 | 2BR,1BA | $1.33 |
| The Reserve at Madison Flatts | A1 | 1BR,1BA | $1.43 |
| 1203 Weaver St, Unit B | 1203 Weaver St | 1BR,1BA | $1.50 |
| Holloway Street Apartments | Holloway St. - 2 Bedroom, 1 Bath | 2BR,1BA | $1.47 |
| Southridge Commons | A1 | 1BR,1BA | $1.40 |
| Winfield Farms - Garages Available | 1 Bedroom | 1BR,1BA | $1.49 |
| Pierce Street Apartments | 2/1 | 2BR,1BA | $1.00 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shadeland, IN Rentals by Map
See the most popular apartments and homes in Shadeland, IN
Frequently Asked Questions about Cheap Shadeland Apartments
What is the Cheapest Studio apartment in Shadeland?
Currently the most affordable Cheap Studio Apartment in Shadeland is at Varsity listed at $699.
How much is rent for a Cheap One Bedroom Shadeland Apartment?
The lowest price for a Cheap One Bedroom Shadeland Apartment is $975 at Winfield Farms - Garages Available.
What is the lowest price for a Cheap Two Bedroom Shadeland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shadeland is starting from $1,150 at Holloway Street Apartments.
What is the most affordable Shadeland Three Bedroom Apartment?
The best deal on a cheap Shadeland Three Bedroom Apartment rental is at Winfield Farms - Garages Available and starts from $1,185.
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.