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$690 - $2,169Studio to 3 Bedroom Apartments Available Now
The Mill
425 N Harrison StShelbyville, IN 46176
Cheap Apartments for Rent in Shelbyville, IN from $479 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelbyville.
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$7751 Bedroom Apartments Available Now
324 Progress Rd, Unit A5
324 Progress RdShelbyville, IN 46176
324 Progress Rd
ShelbyvilleIN46176
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$800
Total Monthly Price
Base Rent$800
Total Monthly Price$800
137 E Washington St, Unit 205
137 E Washington StShelbyville, IN 46176
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$890 - $1,5151 to 3 Bedroom Apartments Available Now
Water Dance Apartments
1700 Morningside DrShelbyville, IN 46176
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$900
Total Monthly Price
Base Rent$900
Total Monthly Price$900
808 W Washington St, Unit 2
808 W Washington StShelbyville, IN 46176
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$900
Total Monthly Price
Base Rent$900
Total Monthly Price$900
246 E Washington St, Unit 5
246 E Washington StShelbyville, IN 46176
24 Elliott St
ShelbyvilleIN46176
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 to 3 Bedroom Apartments
Hendricks Pointe
415 W Taylor StShelbyville, IN 46176
316 E Franklin St
ShelbyvilleIN46176
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1 to 3 Bedroom Apartments
Old Shelby High Apartments
315 2nd StShelbyville, IN 46176
108 W Pennsylvania St
ShelbyvilleIN46176
202 E Taylor St
ShelbyvilleIN46176
129 W Hendricks St
ShelbyvilleIN46176
135 W Hendricks St
ShelbyvilleIN46176
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Studio to 4 Bedroom Apartments
Shelby's Crest & Landing
753 Shelbys CrestShelbyville, IN 46176
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
106 W Broadway St
ShelbyvilleIN46176
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1 Bedroom Apartments
403-407 E Washington St
403-407 E Washington StShelbyville, IN 46176
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1 Bedroom Apartments
523 Miller Ave
523 Miller AveShelbyville, IN 46176
321 E Mechanic St
ShelbyvilleIN46176
529 W Taylor St
ShelbyvilleIN46176
124 E Taylor St
ShelbyvilleIN46176
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Rent Specials
$479 - $935Studio to 2 Bedroom Apartments Available Now
LINCOLN PARK APARTMENTS
600 W North StGreenfield, IN 46140
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$775 - $1,015Studio to 2 Bedroom Apartments Available Now
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-24, Page 1 of 1
Shelbyville, IN Local Guide
How much does it cost to rent an apartment in Shelbyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Shelbyville Studio Apartments | $1,113 | $645 | $1,529 |
| Cheap Shelbyville 1 Bedroom Apartments | $1,261 | $479 | $1,897 |
| Cheap Shelbyville 2 Bedroom Apartments | $1,511 | $780 | $2,349 |
| Cheap Shelbyville 3 Bedroom Apartments | $1,769 | $1,286 | $2,475 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Shelbyville
See all Apartments in ShelbyvilleExplore Shelbyville
Shelbyville, IN Local Guide
- Shelbyville Neighborhoods
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Cheapest Neighborhoods for Apartments in Shelbyville, IN
Pricing Updated: 09/09/2026Current apartment rentals in the Shelbyville, IN area range in price from $690 to $2,169 with an overall median price of $1,361. Here is today’s list neighborhoods with the lowest median pricing for Shelbyville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Shelbyville | $1,361 | $690 | 13 |
Cheapest Available Shelbyville Apartments for Rent
The cheapest available apartment rental in Shelbyville, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $479. Hendricks Pointe in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $538. Here is today’s list of the most affordable Shelbyville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $479 |
| Hendricks Pointe | One Bedroom | 1BR,1BA | $538 |
| Waterbury Apartments | Studio | Studio,1BA | $775 |
| 523 Miller Ave | 1BR/1.0BA | 1BR,1BA | $800 |
| Courts of Valle Vista | 1Bed/1Ba-Up (A) | 1BR,1BA | $924 |
Best Value Apartments for Rent in Shelbyville, IN
As of September 09, 2026 the best value apartment in the Shelbyville area is the $1.17 price per square foot 2 Bed/2.5 Bath Town Home Model at Greenwood Oaks in the in the Winchester Village neighborhood starting from $1,509. The second greatest value Shelbyville apartment is the 2 Bed/ 1.5 Bath TH Model at Greenfield Knoll Apartments starting at $1,360 with a $1.26 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. |
|---|---|---|---|
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.17 |
| Greenfield Knoll Apartments | 2 Bed/ 1.5 Bath TH | 2BR,1.5BA | $1.26 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| St. Andrews | 2Bd/2Ba T | 2BR,2BA | $1.35 |
| Hendricks Pointe | One Bedroom | 1BR,1BA | $0.62 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Washington Village Apartments | The Colonial | 1BR,1BA | $1.37 |
| North Harrison Senior | One Bedroom | 1BR,1BA | $1.33 |
| 523 Miller Ave | 1BR/1.0BA | 1BR,1BA | $1.33 |
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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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.
Read ArticleReal 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.
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Best Local Schools in Shelbyville, IN
Southwestern Elementary School
Southwestern Con Sch Shelby County
Public School - Grades PK-5 (405)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shelbyville, IN Rentals by Map
See the most popular apartments and homes in Shelbyville, IN
Frequently Asked Questions about Cheap Shelbyville Apartments
What is the Cheapest Studio apartment in Shelbyville?
Currently the most affordable Cheap Studio Apartment in Shelbyville is at LINCOLN PARK APARTMENTS listed at $645.
How much is rent for a Cheap One Bedroom Shelbyville Apartment?
The lowest price for a Cheap One Bedroom Shelbyville Apartment is $479 at LINCOLN PARK APARTMENTS.
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 $780 at LINCOLN PARK APARTMENTS.
What is the most affordable Shelbyville Three Bedroom Apartment?
The best deal on a cheap Shelbyville Three Bedroom Apartment rental is at Loper Commons and starts from $1,379.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.