Cheap Homes for Rent in Shelbyville, IN from $600 (10 Rentals)

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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.

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.

Shelbyville, IN Local Guide

Cheapest Neighborhoods for Apartments in Shelbyville, IN

Pricing Updated: 07/05/2025

Current apartment rentals in the Shelbyville, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Shelbyville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Shelbyville$1,710$6509

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 $470. Hendricks Pointe in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $549. Here is today’s list of the most affordable Shelbyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
Hendricks PointeOne Bedroom1BR,1BA$549
North Harrison SeniorOne Bedroom1BR,1BA$622

Best Value Apartments for Rent in Shelbyville, IN

As of July 05, 2025 the best value apartment in the Shelbyville area is the $1.18 price per square foot The Constellation 3 BR 2 BA Model at Latitudes Apartments in the in the Southeast Indianapolis neighborhood starting from $1,612. The second greatest value Shelbyville apartment is the 2 Bed/2.5 Bath Town Home Model at Greenwood Oaks starting at $1,489 with a $1.16 price per square foot in the Tracy Commons neighborhood. Here is today’s list of the best values for Shelbyville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Latitudes ApartmentsThe Constellation 3 BR 2 BA3BR,2BA$1.18
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.16
Loper CommonsThree Bedroom Apartment II.3BR,2BA$1.22
Keeneland Crest ApartmentsCamden2BR,1BA$1.36
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.09
North Harrison SeniorTwo Bedroom2BR,1BA$0.81
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Hendricks PointeOne Bedroom1BR,1BA$0.64
The Row ApartmentsThe Picket2BR,1BA$1.29
Summit PointeThe Columbus1BR,1BA$1.37

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Frequently Asked Questions about Shelbyville

What type of rentals are currently available in Shelbyville?

There are currently 65 Apartments for Rent in Shelbyville, IN with pricing that ranges from $645 to $4,312. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelbyville ranging from $650 to $3,200.

What is the current price range for Rental Homes in Shelbyville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelbyville ranges from $650 to $3,200 with an average monthly rent of $1,634.

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.

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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.

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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.

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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.

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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.