202 E Taylor St
ShelbyvilleIN46176
Cheap Homes for Rent in Downtown Shelbyville Neighborhood of Shelbyville, IN from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Shelbyville area of Shelbyville.
106 W Pennsylvania St
ShelbyvilleIN46176
392 W Broadway St
ShelbyvilleIN46176
316 E Franklin St
ShelbyvilleIN46176
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
617 W Franklin St
ShelbyvilleIN46176
108 W Pennsylvania St
ShelbyvilleIN46176
229 W Pennsylvania St
ShelbyvilleIN46176
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$7751 Bedroom Apartments Available Now
324 Progress Rd, Unit B6
324 Progress RdShelbyville, IN 46176
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.
106 W Broadway St
ShelbyvilleIN46176
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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 a home in Downtown Shelbyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Shelbyville 2 Bedroom Homes for Rent | $980 | $695 | $1,150 |
| Downtown Shelbyville 3 Bedroom Homes for Rent | $1,297 | $1,297 | $1,297 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Shelbyville Neighborhood of Shelbyville, IN.
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Downtown Shelbyville, Shelbyville, IN Local Guide
- Nearby Shelbyville neighborhoods
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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 $538. 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 | $538 |
| North Harrison Senior | One Bedroom | 1BR,1BA | $830 |
| Martin Estates Apartments | One Bedroom One Bath | 1BR,1BA | $1,020 |
Best Value Apartments for Rent in Downtown Shelbyville, IN
As of April 16, 2026 the best value apartment in the Downtown Shelbyville area is the $0.65 price per square foot Three Bedroom Model at Hendricks Pointe in the in the Downtown Shelbyville neighborhood starting from $750. The second greatest value Downtown Shelbyville apartment is the Three Bedroom Apartment I Model at Loper Commons starting at $1,379 with a $1.28 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. |
|---|---|---|---|
| Hendricks Pointe | Three Bedroom | 3BR,2BA | $0.65 |
| Loper Commons | Three Bedroom Apartment I | 3BR,1.5BA | $1.28 |
| The Mill | Marietta | 2BR,2BA | $1.48 |
| North Harrison Senior | Two Bedroom | 2BR,1BA | $1.08 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Martin Estates Apartments | One Bedroom One Bath | 1BR,1BA | $1.46 |
| 806 W Washington St, Unit 3 | 806 W Washington St | 1BR,1BA | $1.14 |
| 1451 W McKay Rd, Unit 1451 W. McKay Rd. Apt | 1451 W McKay Rd | 2BR,1BA | $1.43 |
| 246 E Washington St, Unit 5 | 246 E Washington St | 1BR,1BA | $1.50 |
| 119 E Polk St, Unit 10 | 119 E Polk St | 1BR,1BA | $1.33 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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
Frequently Asked Questions about Downtown Shelbyville
What type of rentals are currently available in Downtown Shelbyville?
There are currently 37 Apartments for Rent in Downtown Shelbyville, IN with pricing that ranges from $690 to $1,882. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Shelbyville ranging from $525 to $1,297.
What is the current price range for Rental Homes in Downtown Shelbyville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Shelbyville ranges from $525 to $1,297 with an average monthly rent of $913.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.