Cheap Apartments for Rent in Shelby, IN from $500 (43 Rentals)

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

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Birchwood Apartments
$930 - $1,120
Total Monthly Price

Total Monthly Price

Base Rent
$930 - $1,120
Total Monthly Price
$930 - $1,120
1 to 2 Bedroom Apartments Available Now

Birchwood Apartments

5790 Grant StMerrillville, IN 46410
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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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.

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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.

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Fountain View Apartments
Rent Specials
$1,250 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,275
Required Monthly Fees
$75
Total Monthly Price
$1,250 - $1,350
1 to 2 Bedroom Apartments Available Now

Fountain View Apartments

9614 Dona CtCrown Point, IN 46307
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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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
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1905 Austin Ave
2 Bedroom Apartments

1905 Austin Ave

1905 Austin AveSchererville, IN 46375
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21746 S Jeffrey Ave
1 to 2 Bedroom Apartments

21746 S Jeffrey Ave

21746 S Jeffrey AveSauk Village, IL 60411

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.

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Showing Results 1-43, 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. Birchwood Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here is today’s list of the most affordable Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
Birchwood ApartmentsOne Bedroom1BR,1BA$930
Tiberon TrailsStudio AStudio,1BA$949
The Ridge ApartmentsFir1BR,1BA$975
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,075
Kirby ManorTwo Bedroom2BR,1BA$1,113
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Uptown East1X1 S1BR,1BA$1,145
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
1010 W Pine St1B 1B1BR,1BA$1,175

Best Value Apartments for Rent in Shelby, IN and Nearby

As of April 07, 2026 the best value apartment in the Shelby area is the $1.31 price per square foot 2.2A Model at Maple Leaf Apartments in the in the Chapel Manor neighborhood starting from $1,305. The second greatest value Shelby apartment is the 2 BED 1 BATH Model at ST JAMES SENIOR APARTMENTS starting at $1,159 with a $1.25 price per square foot in the University Park 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.
Maple Leaf Apartments2.2A2BR,2BA$1.31
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Whitcomb Terrace ApartmentsColonial Invitational2BR,1BA$1.47
Kirby ManorTwo Bedroom2BR,1BA$1.25
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.41
2100 N Main St1 Bed 1 Bath1BR,1BA$1.32
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.54
The Ridge ApartmentsFir1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Shelby Apartments

What is the Cheapest Studio apartment in Shelby?

Currently the most affordable Cheap Studio Apartment in Shelby is at Crest Apartments listed at $800.

How much is rent for a Cheap One Bedroom Shelby Apartment?

The lowest price for a Cheap One Bedroom Shelby Apartment is $930 at Birchwood 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 Broadway Crossing Apartments and starts from $1,980.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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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.

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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.