
Cheap Homes for Rent in Shelby County, IN from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Shelby County.


316 E Franklin St

324 Progress Rd

324 Progress Rd

106 W Broadway 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.

739.5 Teal St

116 N Tompkins St

211 N Tompkins St

911 W McKay Rd

947 W McKay Rd
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.

713 Indiana Ave
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 | $1,148 | $995 | $1,295 |
| Shelby County 3 Bedroom Homes for Rent | $1,875 | $1,395 | $2,500 |
| Shelby County 4 Bedroom Homes for Rent | $1,999 | $1,999 | $1,999 |
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. Loper Commons in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $994. 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 |
| Loper Commons | One Bedroom Apartment I | 1BR,1BA | $994 |
| North Harrison Senior | Two Bedroom | 2BR,1BA | $997 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $999 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Shelby County, IN
As of February 19, 2026 the best value apartment in the Shelby County area is the $0.62 price per square foot One Bedroom Model at Hendricks Pointe in the in the Downtown Shelbyville neighborhood starting from $538. The second greatest value Shelby County apartment is the 2BR/1BA Model at Water Dance Apartments starting at $1,095 with a $1.27 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. |
|---|---|---|---|
| Hendricks Pointe | One Bedroom | 1BR,1BA | $0.62 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| 4951 W 600 N, Unit #1 | 4951 W 600 N | 1BR,1BA | $1.19 |
| North Harrison Senior | One Bedroom | 1BR,1BA | $1.33 |
| Martin Estates Apartments | One Bedroom One Bath | 1BR,1BA | $1.46 |
| Loper Commons | One Bedroom Apartment I | 1BR,1BA | $1.74 |
Frequently Asked Questions about Shelby County
What type of rentals are currently available in Shelby County?
There are currently 43 Apartments for Rent in Shelby County, IN with pricing that ranges from $750 to $1,700. There are also 23 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 $1,532.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.