Cheap Apartments for Rent in Shelburn, IN from $300 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Shelburn.

close
View Me
Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included
close
View Me
Newton Senior Housing
1 to 2 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included
Showing Results 1-38, Page 1 of 1

Shelburn, IN Local Guide

Cheapest Available Shelburn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelburn, IN is a Studio unit found at Lakewood Apartments priced from $550. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Shelburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood ApartmentsStudioStudio,1BA$550
Union Pointe1 Bedroom1BR,2BA$550
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Winston Terrace1BR/1BA1BR,1BA$725
Riverside Apartments2 Bedroom2BR,1BA$750
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$785
Willow CrossingsPhase I - Executive 1 Bed 1 Bath1BR,1BA$790
Center City ApartmentsCity Center 21BR,1BA$800
The Village Quarter1 Bed 1 BathStudio,1BA$805
Cobblestone Crossings ApartmentsAvalon - 1.Lower1BR,1BA$822

Best Value Apartments for Rent in Shelburn, IN and Nearby

As of October 26, 2025 the best value apartment in the Shelburn area is the $1.16 price per square foot Single Family Home Model at Sullivan Downtown Townhomes in the starting from $1,598. The second greatest value Shelburn apartment is the 2x2 Model at Arbors at Honey Creek starting at $1,012 with a $0.94 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Shelburn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sullivan Downtown TownhomesSingle Family Home3BR,2.5BA$1.16
Arbors at Honey Creek2x22BR,2BA$0.94
Woodland Springs3 Bedroom3BR,1BA$1.19
KINGSTON RIDGE APARTMENTS2 Bedroom 1.5 Bathroom - Townhome2BR,1.5BA$0.97
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$1.11
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$0.94
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.09
Riverside Apartments2 Bedroom2BR,1BA$1.07
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Shelburn, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Shelburn, IN

View Map
Shelburn, IN Apartments Map
View Map
Shelburn, IN Rental Homes Map

Getting Around Shelburn, IN

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Shelburn Apartments

What is the Cheapest Studio apartment in Shelburn?

Currently the most affordable Cheap Studio Apartment in Shelburn is at Lakewood Apartments listed at $550.

How much is rent for a Cheap One Bedroom Shelburn Apartment?

The lowest price for a Cheap One Bedroom Shelburn Apartment is $550 at Union Pointe.

What is the lowest price for a Cheap Two Bedroom Shelburn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shelburn is starting from $750 at Riverside Apartments.

What is the most affordable Shelburn Three Bedroom Apartment?

The best deal on a cheap Shelburn Three Bedroom Apartment rental is at Arbors at Honey Creek and starts from $938.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.