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Cheap Apartments for Rent in Shelby County, IN from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelby County.
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129 W Hendricks St
ShelbyvilleIN46176
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.
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106 W Broadway St
ShelbyvilleIN46176
316 E Franklin St
ShelbyvilleIN46176
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.
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Shelby County, IN Local Guide
Welcome to Indiana sign by Mark Goebel is licensed under CC BY 2.0
How much does it cost to rent an apartment in Shelby County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby County Studio Apartments | $800 | $800 | $800 |
| Shelby County 1 Bedroom Apartments | $964 | $900 | $1,040 |
| Shelby County 2 Bedroom Apartments | $1,134 | $1,000 | $1,234 |
| Shelby County 3 Bedroom Apartments | $1,400 | $1,379 | $1,465 |
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Cheapest Available Shelby County Apartments for Rent
The cheapest available apartment rental in Shelby County, IN is a 1 Bed unit found at Hendricks Pointe in the Downtown Shelbyville neighborhood priced from $549. North Harrison Senior in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Shelby County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hendricks Pointe | One Bedroom | 1BR,1BA | $549 |
| North Harrison Senior | One Bedroom | 1BR,1BA | $830 |
| Loper Commons | One Bedroom Apartment I | 1BR,1BA | $994 |
Best Value Apartments for Rent in Shelby County, IN
As of November 19, 2025 the best value apartment in the Shelby County area is the $1.04 price per square foot Two Bedroom One Bath Model at Martin Estates Apartments in the in the Downtown Shelbyville neighborhood starting from $999. The second greatest value Shelby County apartment is the Two Bedroom Model at North Harrison Senior starting at $997 with a $1.08 price per square foot in the Downtown Shelbyville neighborhood. Here is today’s list of the best values for Shelby County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| North Harrison Senior | Two Bedroom | 2BR,1BA | $1.08 |
| Hendricks Pointe | One Bedroom | 1BR,1BA | $0.64 |
| 116 Chestnut St, Unit 120 Chestnut apt 8 | 116 Chestnut St | 1BR,1BA | $1.29 |
| 1451 W McKay Rd, Unit 1451 W. McKay Rd. Apt | 1451 W McKay Rd | 2BR,1BA | $1.43 |
| 303 W Hendricks St, Unit 309 W Hendrick St | 303 W Hendricks St | 1BR,1BA | $1.50 |
| 246 E Washington St, Unit 5 | 246 E Washington St | 1BR,1BA | $1.50 |
| Loper Commons | One Bedroom Apartment I | 1BR,1BA | $1.74 |
| 137 E Washington St, Unit 205 | 137 E Washington St | Studio ,1BA | $3.20 |
Frequently Asked Questions about Cheap Shelby County Apartments
How much is rent for a Cheap One Bedroom Shelby County Apartment?
The lowest price for a Cheap One Bedroom Shelby County Apartment is $549 at Hendricks Pointe.
What is the lowest price for a Cheap Two Bedroom Shelby County Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shelby County is starting from $656 at Hendricks Pointe.
What is the most affordable Shelby County Three Bedroom Apartment?
The best deal on a cheap Shelby County Three Bedroom Apartment rental is at Loper Commons and starts from $1,379.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.