
Cheap Homes for Rent in Shadeland, IN from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Shadeland.


1008 North St

111 S 14th St

1318 South St

2005 Meharry St
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.

630 S 15th St

616 Perrin Ave

2835 Plaza Ln

549 S 3rd St

2107 Central St
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.

1611 Grove St

213 S 9th St

2416 N 22nd St

2200 Central St

3209 Underwood 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.

1609 Arlington Rd

1821 IN-26
Shadeland, IN Local Guide

How much does it cost to rent a home in Shadeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shadeland 2 Bedroom Homes for Rent | $1,435 | $1,100 | $2,695 |
| Shadeland 3 Bedroom Homes for Rent | $1,779 | $1,195 | $3,000 |
| Shadeland 4 Bedroom Homes for Rent | $2,133 | $1,725 | $2,750 |
Browse Top Homes for Rent in Shadeland
Explore Shadeland
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. Southridge Commons in the Discovery Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. 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 |
| Southridge Commons | S1 | Studio,1BA | $895 |
| Winfield Farms - Garages Available | 1 Bedroom | 1BR,1BA | $975 |
| Shadeland Estates | (Adventure) Shadeland Estates New Homes 3bd/2bt... | 3BR,2BA | $1,075 |
| Elston Point | 1x1 | 1BR,1BA | $1,090 |
Best Value Apartments for Rent in Shadeland, IN and Nearby
As of April 14, 2026 the best value apartment in the Shadeland area is the $1.42 price per square foot Breezewood Model at Redwood Lafayette in the starting from $1,874. The second greatest value Shadeland apartment is the (Adventure) Shadeland Estates New Homes 3bd/2bt... Model at Shadeland Estates starting at $1,075 with a $1.12 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 | Breezewood | 2BR,2BA | $1.42 |
| Shadeland Estates | (Adventure) Shadeland Estates New Homes 3bd/2bt... | 3BR,2BA | $1.12 |
| 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 | $1.53 |
| Southern Winds Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.42 |
| Holloway Street Apartments | Holloway St. - 2 Bedroom, 1 Bath | 2BR,1BA | $1.47 |
| Winfield Farms - Garages Available | 1 Bedroom | 1BR,1BA | $1.49 |
| Pierce Street Apartments | 2/1 | 2BR,1BA | $1.00 |
| Southridge Commons | S1 | Studio ,1BA | $1.75 |
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 Shadeland
What type of rentals are currently available in Shadeland?
There are currently 129 Apartments for Rent in Shadeland, IN with pricing that ranges from $675 to $2,800. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shadeland ranging from $700 to $3,000.
What is the current price range for Rental Homes in Shadeland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shadeland ranges from $700 to $3,000 with an average monthly rent of $1,476.
How much are larger Three and Four Bedroom Rentals in Shadeland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shadeland range from $1,075 to $1,824, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $1,249.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.