Cheap Apartments for Rent in Shelby, IN from $800 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Shelby.

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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • Utilities Included
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409 S Maple St
2 Bedroom Apartments

409 S Maple St

409 S Maple StKouts, IN 46347
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10029 Kennedy Ave
1 to 2 Bedroom Apartments

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
  • Utilities Included
Showing Results 1-33, Page 1 of 1

Shelby, IN Local Guide

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 $800. 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 ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$811
Madison Cottage of Rensselaer1x11BR,1BA$879
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Tiberon Trails1x1B1BR,1BA$1,050
Meadowlane Apartments2BR/ 1BA2BR,1BA$1,120
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Crestview Apartment HomesD-1BR1BR,1BA$1,138
Uptown East1X1 S1BR,1BA$1,145

Best Value Apartments for Rent in Shelby, IN and Nearby

As of October 02, 2025 the best value apartment in the Shelby area is the $1.42 price per square foot Three Bedroom 2 Bath Model at Hills of Aberdeen Apartment Homes in the starting from $1,985. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hills of Aberdeen Apartment HomesThree Bedroom 2 Bath3BR,2BA$1.42
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Prairie Point ApartmentsDevonwood2BR,2BA$1.50
Sherwood Lake Apartments9702BR,1BA$1.46
St James Senior ApartmentsTwo Bedroom One Bath2BR,1BA$1.25
Whitcomb Terrace ApartmentsHartford Open2BR,1BA$1.42
Madison Cottage of Rensselaer1x11BR,1BA$1.03
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
The Ridge ApartmentsFir1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43

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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 Madison Cottage of Rensselaer and starts from $1,215.

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.