
3 Bedroom Apartments for Rent in Shelby, IN (22 Rentals)


Evergreen

Hills of Aberdeen Apartment Homes

Canvas at Crown Point

Cypress Pointe

Brickshire Apartments
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Broadway Crossing Apartments

Mallard Bay Apartments

Meadowlane Apartments

Madison Cottage of Rensselaer

13364 W 118th Pl

7005 Broadway

7019 Van Buren Ln
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7326 W Taft St

718 Turner St

8316 Rutledge St

7724 Mount St

3784 W 73rd Pl

9053 W 155th Ave

14347 Clover Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

6054 E 112th Pl
Shelby, IN Local Guide

How much does it cost to rent an apartment in Shelby?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby Studio Apartments | $953 | $800 | $1,079 |
| Shelby 1 Bedroom Apartments | $1,366 | $879 | $2,130 |
| Shelby 2 Bedroom Apartments | $1,712 | $988 | $5,000 |
Shelby 3 Bedroom Apartments | $2,365 | $1,215 | $3,018 |
| Shelby 4 Bedroom Apartments | $2,788 | $2,757 | $2,840 |
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Shelby, IN Local Guide
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Largest Available Shelby and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Shelby, IN is found at Canvas at Crown Point in the Downtown Crown Point neighborhood and is 1,888 square feet priced from $2,957. Hills of Aberdeen Apartment Homes has the second largest 3 Bedroom, which is sized at 1,399 square feet and currently listed start at $2,185. Here is today’s list of the largest available 3 Bedroom units in Shelby:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Canvas at Crown Point | D4 - Fulton w/ Flex Space | 1,888 Sq Ft | $2,957 |
| Hills of Aberdeen Apartment Homes | Three Bedroom 2 Bath | 1,399 Sq Ft | $2,185 |
| Mallard Bay Apartments | The Mallard 3 BR 2 BA | 1,370 Sq Ft | $2,172 |
| Madison Cottage of Rensselaer | 3x2 Townhome | 1,200 Sq Ft | $1,215 |
| Chelsea Garden | 3 Beds, 2 baths | 1,178 Sq Ft | $2,100 |
Cheapest Available Shelby and Nearby 3 Bedroom Apartments
As of January 02, 2026 the lowest priced 3 Bedroom apartment unit in Shelby, IN is the 3x2 Townhome Model starting from $1,215 at Madison Cottage of Rensselaer . The second most affordable Shelby 3 Bedroom is the 3 Beds, 2 baths Model at Chelsea Garden starting at $2,100 in the West Lakes neighborhood. The average price for all 3 Bedroom apartments in Shelby is currently $2,365. Here is today’s list of the cheapest available 3 Bedroom options in Shelby:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Madison Cottage of Rensselaer | 3x2 Townhome | $1,215 |
| Chelsea Garden | 3 Beds, 2 baths | $2,100 |
| Mallard Bay Apartments | The Mallard 3 BR 2 BA | $2,172 |
| Hills of Aberdeen Apartment Homes | Three Bedroom 2 Bath | $2,185 |
| Canvas at Crown Point | D1 - Florence | $2,384 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shelby, IN Rentals by Map
See the most popular apartments and homes in Shelby, IN
Frequently Asked Questions about 3 Bedroom Shelby Apartments
What is the Cheapest apartment in Shelby with 3 Bedroom?
Currently the most affordable 3 Bedroom in Shelby is at Madison Cottage of Rensselaer listed at $1,215.
How much is the average rent for a 3 Bedroom Shelby Apartment?
The average rent for a 3 Bedroom Apartment in Shelby is $2,365.
What is the largest available 3 Bedroom Shelby Apartment for rent?
Today's apartment with the most square footage in Shelby is a 1,888 square feet unit starting from $2,957 at Canvas at Crown Point.
What is the average size for Shelby 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Shelby is currently 1,454 sq ft.
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

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.

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.

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!
