111 Harrington Ave
Crown PointIN46307
Cheap Homes for Rent in Shelby, IN from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Shelby.
105-105 W McAlpin St
HebronIN46341
18 S 574 W
ValparaisoIN46385
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
514 E Dahlgren St
Crown PointIN46307
4059 W 73rd Ave
MerrillvilleIN46410
7716 Noble St
MerrillvilleIN46410
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.
73 Meadowlark Ln
BeecherIL60401
Showing Results 1-7, Page 1 of 1
Shelby, IN Local Guide
Indiana train tracks by Chris Bowman is licensed under CC BY 2.0
How much does it cost to rent a home in Shelby?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby 2 Bedroom Homes for Rent | $1,701 | $1,295 | $2,395 |
| Shelby 3 Bedroom Homes for Rent | $2,337 | $1,495 | $4,500 |
| Shelby 4 Bedroom Homes for Rent | $3,105 | $2,600 | $3,600 |
| Shelby 5 Bedroom Homes for Rent | $3,525 | $3,100 | $3,950 |
Browse Top Homes for Rent in Shelby
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Shelby, IN Local Guide
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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. Madison Cottage of Rensselaer has the second lowest priced unit, which is a 1 Bed apartment currently listed from $970. 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 | $800 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $970 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $990 |
Best Value Apartments for Rent in Shelby, IN and Nearby
As of June 19, 2026 the best value apartment in the Shelby area is the $1.32 price per square foot B2 Model at Evergreen in the in the Chapel Manor neighborhood starting from $1,579. The second greatest value Shelby apartment is the Two Bedroom 2 Bath Model at Hills of Aberdeen Apartment Homes starting at $1,810 with a $1.55 price per square foot . 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. |
|---|---|---|---|
| Evergreen | B2 | 2BR,2BA | $1.32 |
| Hills of Aberdeen Apartment Homes | Two Bedroom 2 Bath | 2BR,2BA | $1.55 |
| Tiberon Trails | 2x1K | 2BR,1BA | $1.33 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Harvest Ridge Apartment Homes | 2X1 | 2BR,1BA | $1.50 |
| The Ridge Apartments | Poplar | 2BR,2BA | $1.41 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.14 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1.54 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $1.52 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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Explore Shelby, IN Rentals by Map
See the most popular apartments and homes in Shelby, IN
Frequently Asked Questions about Shelby
What type of rentals are currently available in Shelby?
There are currently 44 Apartments for Rent in Shelby, IN with pricing that ranges from $553 to $3,408. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby ranging from $995 to $4,500.
What is the current price range for Rental Homes in Shelby?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelby ranges from $995 to $4,500 with an average monthly rent of $2,332.
How much are larger Three and Four Bedroom Rentals in Shelby?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelby range from $1,367 to $3,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $3,308.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.