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Rent Specials
$999 - $1,1741 to 2 Bedroom Apartments Available Now
Martin Estates Apartments
2301 Raleigh BlvdShelbyville, IN 46176
Cheap Apartments for Rent in the Downtown Shelbyville Neighborhood of Shelbyville, IN from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Shelbyville area of Shelbyville.
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Contact Us For PricingStudio to 1 Bedroom Apartments Contact Us For Availability
Charles Major Manor Affordable Senior Housing
102 E Franklin StShelbyville, IN 46176
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$910 - $1,4651 to 3 Bedroom Apartments Contact Us For Availability
Cimarron Place
1713 Cimarron Place DrShelbyville, IN 46176
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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.
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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.
Showing Results 1-12, Page 1 of 1
Downtown Shelbyville, Shelbyville, IN Local Guide
Shelbyville Commercial Historic District by Nyttend is licensed under CCO 1.0
How much does it cost to rent an apartment in Downtown Shelbyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Shelbyville 1 Bedroom Apartments | $983 | $900 | $1,040 |
| Downtown Shelbyville 2 Bedroom Apartments | $1,152 | $1,044 | $1,234 |
| Downtown Shelbyville 3 Bedroom Apartments | $1,403 | $1,379 | $1,465 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Shelbyville Neighborhood of Shelbyville, IN.
See all Apartments in ShelbyvilleExplore Shelbyville
Downtown Shelbyville, Shelbyville, IN Local Guide
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Cheapest Available Downtown Shelbyville Apartments for Rent
The cheapest available apartment rental in the Downtown Shelbyville area of Shelbyville, IN is a 1 Bed unit found at Hendricks Pointe priced from $549. North Harrison Senior has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable Downtown Shelbyville apartments for rent in Shelbyville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hendricks Pointe | One Bedroom | 1BR,1BA | $549 |
| North Harrison Senior | One Bedroom | 1BR,1BA | $830 |
| Loper Commons | One Bedroom Apartment I | 1BR,1BA | $994 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $999 |
Best Value Apartments for Rent in Downtown Shelbyville, IN
As of November 11, 2025 the best value apartment in the Downtown Shelbyville area is the $1.04 price per square foot Two Bedroom One Bath Model at Martin Estates Apartments in the in the Downtown Shelbyville neighborhood starting from $999. The second greatest value Downtown Shelbyville apartment is the Two Bedroom Model at North Harrison Senior starting at $997 with a $1.08 price per square foot in the Downtown Shelbyville neighborhood. Here is today’s list of the best values for Downtown Shelbyville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| North Harrison Senior | Two Bedroom | 2BR,1BA | $1.08 |
| Hendricks Pointe | One Bedroom | 1BR,1BA | $0.64 |
| 246 E Washington St, Unit 5 | 246 E Washington St | 1BR,1BA | $1.50 |
| Loper Commons | One Bedroom Apartment I | 1BR,1BA | $1.74 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe 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.
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Pet Friendly LifestyleDowntown Shelbyville, Shelbyville, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Shelbyville Neighborhood in Shelbyville, IN
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
58 / 100
Bikeable
Some 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 Downtown Shelbyville Apartments
What is the price of a cheap apartment in Downtown Shelbyville?
The cheapest apartment in Downtown Shelbyville is Hendricks Pointe which is listed at $549, while the average apartment in Downtown Shelbyville costs $1,379.
What types of apartments are the cheapest in Downtown Shelbyville?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Downtown Shelbyville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Shelbyville?
Cheap apartments in Downtown Shelbyville have an average cost of $580 which is $799 cheaper than the average rent for all rentals in Downtown Shelbyville.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.