Cheap Homes for Rent in Shelby County, IN from $600 (8 Rentals)

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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 $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 ListingModel NameBed/BathPriced From
Hendricks PointeOne Bedroom1BR,1BA$538
403 E Washington St1BR/1.0BA1BR,1BA$750
Loper CommonsOne Bedroom Apartment II1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
Hendricks PointeOne Bedroom1BR,1BA$0.62
Water Dance Apartments2BR/1BA2BR,1BA$1.27
North Harrison SeniorOne Bedroom1BR,1BA$1.33
1451 W McKay Rd, Unit 1451 W. McKay Rd. Apt1451 W McKay Rd2BR,1BA$1.43
116 Chestnut St, Unit 120 Chestnut apt 8116 Chestnut St1BR,1BA$1.29
403 E Washington St1BR/1.0BA1BR,1BA$1.25
246 E Washington St, Unit 5246 E Washington St1BR,1BA$1.50
Loper CommonsOne Bedroom Apartment I1BR,1BA$1.74
137 E Washington St, Unit 205137 E Washington StStudio ,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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

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.

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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.

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.

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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!