
Studio Apartments for Rent in Shelbyville, IN (10 Rentals)


The Mill

Total Monthly Price
137 E Washington St, Unit 205

617 W Franklin St

Pearson Place
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Shelby's Crest & Landing

ARLO Apartments

Madison at Greenwood

LINCOLN PARK APARTMENTS

Waterbury Apartments
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.
Shelbyville, IN Local Guide

How much does it cost to rent an apartment in Shelbyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Shelbyville Studio Apartments | $1,107 | $645 | $1,398 |
| Shelbyville 1 Bedroom Apartments | $1,283 | $479 | $2,770 |
| Shelbyville 2 Bedroom Apartments | $1,530 | $780 | $2,397 |
| Shelbyville 3 Bedroom Apartments | $1,815 | $1,375 | $5,321 |
Browse Top Apartments in Shelbyville
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Shelbyville, IN Local Guide
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Shelbyville Studio Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: June 10, 2026There are currently 1 available Studio apartment units in Shelbyville, IN neighborhoods that range in price from $690 to $1,078. Heres is today's list of the top neighborhoods in Shelbyville with the most available Studio apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Downtown Shelbyville | 1 | $745 | $690 |
Largest Available Shelbyville Studio Apartments
The largest available Studio apartment unit in Shelbyville, IN is found at LINCOLN PARK APARTMENTS and is 800 square feet priced from $645. Madison at Greenwood in the Tracy Commons neighborhood has the second largest Studio, which is sized at 551 square feet and currently listed start at $1,212. Here is today’s list of the largest available Studio units in Shelbyville:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | 800 Sq Ft | $645 |
| Madison at Greenwood | S6 Brunswick | 551 Sq Ft | $1,212 |
| Waterbury Apartments | Studio | 288 Sq Ft | $775 |
Cheapest Available Shelbyville Studio Apartments
As of June 10, 2026 the lowest priced Studio apartment unit in Shelbyville, IN is the Studio Model starting from $645 at LINCOLN PARK APARTMENTS . The second most affordable Shelbyville Studio is the Studio Model at Waterbury Apartments starting at $775 in the Tracy Commons neighborhood. The average price for all Studio apartments in Shelbyville is currently $1,107. Here is today’s list of the cheapest available Studio options in Shelbyville:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | $645 |
| Waterbury Apartments | Studio | $775 |
| Madison at Greenwood | S6 Brunswick | $1,212 |
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.
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Best Local Schools in Shelbyville, IN
Southwestern Elementary School
School data provided by Great Schools
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Frequently Asked Questions about Studio Shelbyville Apartments
What is the Cheapest apartment in Shelbyville with Studio?
Currently the most affordable Studio in Shelbyville is at LINCOLN PARK APARTMENTS listed at $645.
How much is the average rent for a Studio Shelbyville Apartment?
The average rent for a Studio Apartment in Shelbyville is $1,107.
What is the largest available Studio Shelbyville Apartment for rent?
Today's apartment with the most square footage in Shelbyville is a 800 square feet unit starting from $645 at LINCOLN PARK APARTMENTS.
What is the average size for Shelbyville Studio Apartments for rent?
The average size for a Studio rental in Shelbyville is currently 528 sq ft.
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

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Written by: Lauren Harrington
This article was written based on first-hand renter experiences and common layout challenges identified after move-in.

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.