Cheap Apartments for Rent in Shelbyville, IL from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelbyville.
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.

6th St Apartments

Moundford Terrace

Watch Street

Arthur Ave Apartments

Stones Crossing Apartments

Woodcrest Apartment Homes
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.

Timber Cove

1202 Jackson Ave

305 W Bower St
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.

205 North St

913 N Taylorville Blvd
Shelbyville, IL Local Guide

How much does it cost to rent an apartment in Shelbyville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelbyville Studio Apartments | $626 | $575 | $655 |
Shelbyville 1 Bedroom Apartments | $1,188 | $500 | $2,010 |
Shelbyville 2 Bedroom Apartments | $1,184 | $625 | $2,500 |
Shelbyville 3 Bedroom Apartments | $1,204 | $675 | $1,649 |
Browse Top Apartments in Shelbyville
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Shelbyville, IL Local Guide
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Cheapest Available Shelbyville Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelbyville, IL is a 1 Bed unit found at Rider Place priced from $500. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 2 Beds apartment currently listed from $507. Here is today’s list of the most affordable Shelbyville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rider Place | 1 Bedroom | 1BR,1BA | $500 |
RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Moundford Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $725 |
Best Value Apartments for Rent in Shelbyville, IL and Nearby
As of June 19, 2025 the best value apartment in the Shelbyville area is the $1.00 price per square foot 2 Bed/ 2 Bath Model at Parkstone Villas in the starting from $1,250. The second greatest value Shelbyville apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Shelbyville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkstone Villas | 2 Bed/ 2 Bath | 2BR,2BA | $1.00 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
Hickory Point Apartments | Two Bedroom with In-Unit Washer/Dryer | 2BR,1BA | $1.06 |
RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
2474 N Florian | 1st Floor | 2BR,1.5BA | $1.13 |
Moundford Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $1.06 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shelbyville, IL Rentals by Map
See the most popular apartments and homes in Shelbyville, IL
Getting Around Shelbyville, IL
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 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 Shelbyville Apartments
How much is rent for a Cheap One Bedroom Shelbyville Apartment?
The lowest price for a Cheap One Bedroom Shelbyville Apartment is $500 at Rider Place.
What is the lowest price for a Cheap Two Bedroom Shelbyville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shelbyville is starting from $507 at RESERVE AT LAKEVIEW.
What is the most affordable Shelbyville Three Bedroom Apartment?
The best deal on a cheap Shelbyville Three Bedroom Apartment rental is at Rider Place and starts from $675.
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.