
Cheap Homes for Rent in Shelby County, IN from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Shelby County.


129 W Hendricks St

529 West Washington St

202 E Taylor 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.

617 W Franklin St

424 S Pike St

217 N Hamilton St

567 W Taylor 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.
Shelby County, IN Local Guide

How much does it cost to rent a home in Shelby County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby County 2 Bedroom Homes for Rent | $1,260 | $925 | $1,595 |
| Shelby County 3 Bedroom Homes for Rent | $1,592 | $1,297 | $2,500 |
| Shelby County 4 Bedroom Homes for Rent | $2,015 | $2,015 | $2,015 |
Browse Homes for Rent in Shelby County
Explore Shelby County
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 $538. 403 E Washington St in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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 | $538 |
| 403 E Washington St | 1BR/1.0BA | 1BR,1BA | $750 |
| Loper Commons | One Bedroom Apartment II | 1BR,1BA | $994 |
Best Value Apartments for Rent in Shelby County, IN
As of January 01, 2026 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 One Bedroom Model at Hendricks Pointe starting at $538 with a $0.62 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 |
| Hendricks Pointe | One Bedroom | 1BR,1BA | $0.62 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| North Harrison Senior | One Bedroom | 1BR,1BA | $1.33 |
| 1451 W McKay Rd, Unit 1451 W. McKay Rd. Apt | 1451 W McKay Rd | 2BR,1BA | $1.43 |
| 116 Chestnut St, Unit 120 Chestnut apt 8 | 116 Chestnut St | 1BR,1BA | $1.29 |
| 403 E Washington St | 1BR/1.0BA | 1BR,1BA | $1.25 |
| 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 Shelby County
What type of rentals are currently available in Shelby County?
There are currently 45 Apartments for Rent in Shelby County, IN with pricing that ranges from $750 to $1,515. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby County ranging from $645 to $2,500.
What is the current price range for Rental Homes in Shelby County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelby County ranges from $645 to $2,500 with an average monthly rent of $1,474.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!