Cheap Homes for Rent in Shelburn, IN from $500 (8 Rentals)

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Shelburn, IN Local Guide

Cheapest Available Shelburn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelburn, IN is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. 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
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Union Pointe1 Bedroom1BR,2BA$550
Highland Terrace1 Bed 1 Bath1BR,1BA$675

Best Value Apartments for Rent in Shelburn, IN and Nearby

As of October 14, 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 2 Bedroom 2 Bath Model at River Valley Apartments starting at $460 with a $0.50 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
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$0.50
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$0.94
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
Springhill Apartments2 Bedroom2BR,1BA$0.98
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.09
Willow CrossingsPhase I - Luxury 1 Bed 1 Bath1BR,1BA$1.16
Riverside Apartments2 Bedroom2BR,1BA$1.07
Lakewood Apartments1 Bed with stack wash/dry1BR,1BA$1.18
Union Pointe1 Bedroom1BR,2BA$0.92

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Frequently Asked Questions about Shelburn

What type of rentals are currently available in Shelburn?

There are currently 44 Apartments for Rent in Shelburn, IN with pricing that ranges from $351 to $3,108. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelburn ranging from $595 to $2,550.

What is the current price range for Rental Homes in Shelburn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelburn ranges from $595 to $2,550 with an average monthly rent of $1,369.

How much are larger Three and Four Bedroom Rentals in Shelburn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelburn range from $534 to $3,108, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,159.

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.

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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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.