
Cheap Homes for Rent in Shelby, IN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Shelby.


158 N Union St

14433 Morse St
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.

1509 Sunnybrook Ave

7120 Catherine St

150 Meadows Cir
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.

7112 W 137th Ln
Shelby, IN Local Guide

How much does it cost to rent a home in Shelby?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelby 2 Bedroom Homes for Rent | $2,437 | $1,675 | $3,200 |
Shelby 3 Bedroom Homes for Rent | $2,445 | $1,450 | $3,400 |
Shelby 4 Bedroom Homes for Rent | $2,549 | $2,199 | $2,700 |
Shelby 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Shelby
Explore Shelby
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 1 Bed unit found at Madison Cottage of Rensselaer priced from $879. Chelsea Garden in the West Lakes neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Shelby apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $879 |
Chelsea Garden | Studio, 1 bath | Studio,1BA | $900 |
Birchwood Apartments | One Bedroom | 1BR,1BA | $930 |
Best Value Apartments for Rent in Shelby, IN and Nearby
As of August 06, 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 |
Fountain View Apartments | 2BR / 1BA | 2BR,1BA | $1.31 |
333 Kristie Ct | 2 Bedroom | 2BR,1.5BA | $1.11 |
Sherwood Lake Apartments | 970 | 2BR,1BA | $1.46 |
Whitcomb Terrace Apartments | Hartford Open | 2BR,1BA | $1.43 |
Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.03 |
Tiberon Trails Apartments | One Bedroom | 1BR,1BA | $1.38 |
The Ridge Apartments | Fir | 1BR,1BA | $1.50 |
Birchwood Apartments | One Bedroom | 1BR,1BA | $1.43 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Shelby
What type of rentals are currently available in Shelby?
There are currently 39 Apartments for Rent in Shelby, IN with pricing that ranges from $800 to $5,834. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby ranging from $700 to $3,500.
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 $700 to $3,500 with an average monthly rent of $2,326.
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 $1,215 to $5,834, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,199 and Four Bedroom Apartments start at $3,335.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.