Cheap Apartments for Rent in Shelby, IN from $700 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelby.

St James Senior Apartments

Tiberon Trails Apartments
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.

Chelsea Garden

Birchwood Apartments

The Ridge Apartments

Meadowlane Apartments

Meadow Lane Apartments

Harvest Grove Apartment Homes

Crestview Apartment Homes

10029 Kennedy Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1010 W Pine St

Sherwood Lake Apartments

Huntington Cove Apartments

Maple Leaf Apartments

Uptown East
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.

Fountain View Apartments

Evergreen Luxury Apartments

Harvest Ridge Apartment Homes

Vita Luxury Apartments On Grant
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Barberry Apartments

4967 Carolina St

5284 Broadway

703 N Grant St

701 N Grant St
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 | $833 | $750 | $900 |
Shelby 1 Bedroom Apartments | $1,535 | $811 | $3,905 |
Shelby 2 Bedroom Apartments | $1,827 | $1,020 | $4,391 |
Shelby 3 Bedroom Apartments | $2,722 | $1,425 | $5,048 |
Shelby 4 Bedroom Apartments | $3,417 | $3,380 | $3,480 |
Browse Top Apartments in Shelby
See all Apartments in ShelbyExplore Shelby
Shelby, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Shelby Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelby, IN is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $750. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. Here is today’s list of the most affordable Shelby apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Crest Apartments | Studio | Studio,1BA | $750 |
St James Senior Apartments | One Bedroom One Bath | 1BR,1BA | $811 |
Chelsea Garden | Studio, 1 bath | Studio,1BA | $900 |
Birchwood Apartments | One Bedroom | 1BR,1BA | $930 |
The Ridge Apartments | Fir | 1BR,1BA | $975 |
Meadowlane Apartments | 1BR/ 1BA | 1BR,1BA | $985 |
Tiberon Trails Apartments | One Bedroom | 1BR,1BA | $1,000 |
1010 W Pine St | 1B 1B | 1BR,1BA | $1,175 |
10029 Kennedy Ave | 1B 1B | 1BR,1BA | $1,175 |
Sherwood Lake Apartments | 850 | 1BR,1BA | $1,185 |
Best Value Apartments for Rent in Shelby, IN and Nearby
As of June 23, 2025 the best value apartment in the Shelby area is the $1.19 price per square foot 2 Bed 1 Bath Model at 2100 N Main St in the in the Downtown Crown Point neighborhood starting from $1,425. The second greatest value Shelby apartment is the 2BR/ 1BA Model at Meadowlane Apartments starting at $1,120 with a $1.08 price per square foot in the Liverpool neighborhood. Here is today’s list of the best values for Shelby apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2100 N Main St | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
Meadowlane Apartments | 2BR/ 1BA | 2BR,1BA | $1.08 |
Huntington Cove Apartments | B2 | 2BR,2BA | $1.48 |
Sherwood Lake Apartments | 970 | 2BR,1BA | $1.43 |
St James Senior Apartments | Two Bedroom One Bath | 2BR,1BA | $1.25 |
Fountain View Apartments | 1BR / 1BA | 1BR,1BA | $1.67 |
Tiberon Trails Apartments | One Bedroom | 1BR,1BA | $1.38 |
Birchwood Apartments | One Bedroom | 1BR,1BA | $1.43 |
The Ridge Apartments | Fir | 1BR,1BA | $1.50 |
Crest Apartments | Studio | Studio ,1BA | $1.67 |
Quick Rent Budget Calculator
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
Getting Around Shelby, IN
Walk Score®
7 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
27 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Shelby Apartments
How much is rent for a Cheap One Bedroom Shelby Apartment?
The lowest price for a Cheap One Bedroom Shelby Apartment is $811 at St James Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Shelby Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shelby is starting from $1,020 at Birchwood Apartments.
What is the most affordable Shelby Three Bedroom Apartment?
The best deal on a cheap Shelby Three Bedroom Apartment rental is at Tiberon Trails Apartments and starts from $1,425.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.