
Cheap Apartments for Rent in Shelbyville, TN from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelbyville.


Admiral Place Apartments

Magnolia Village Apartments

Davis Estates Apartments

Park Trail Apartments

Canterbrook Village

Cedar Glades

Hidden Creek Apartments & Townhomes
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.

304 White St

Oak Hill Village II

Paddock Ridge Apartments

The Ridge at Shelbyville

107 Pickle St

Oak Park Apartments

Total Monthly Price
Hills Chapel Apartments

1558 S Spring St
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.

Total Monthly Price
Hayfield Homes

Saddle Wood Apartments

Chelsea Place

Forrest Park Apartments

Stones River Apartments

Landmark Apartments- TN

Parkview Flats

Scout Landing
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.

The Preserve at Rock Creek

Falcon Crest Apartments

Manchester Arbors Apartments

326 Maple St

605B N Washington St

1970 Fayetteville Hwy

Summerlake

Carden Estates Apartments
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.

1614 Cypress Dr

Willow Grove
Shelbyville, TN Local Guide

How much does it cost to rent an apartment in Shelbyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Shelbyville Studio Apartments | $950 | $950 | $950 |
| Cheap Shelbyville 1 Bedroom Apartments | $1,423 | $825 | $1,906 |
| Cheap Shelbyville 2 Bedroom Apartments | $1,546 | $920 | $2,136 |
| Cheap Shelbyville 3 Bedroom Apartments | $1,807 | $725 | $2,486 |
| Cheap Shelbyville 4 Bedroom Apartments | $1,728 | $795 | $2,825 |
Browse Top Apartments in Shelbyville
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Shelbyville, TN Local Guide
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Cheapest Available Shelbyville Apartments for Rent
 The cheapest available apartment rental in Shelbyville, TN is a 1 Bed unit found at Oak Park Apartments priced from $825. Oak Knoll Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Shelbyville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Park Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Oak Knoll Apartments | 1 Bedroom | 1BR,1BA | $949 |
| 1558 S Spring St | 2 Beds, 1 bath | 2BR,1BA | $950 |
| Hills Chapel Apartments | Two bedroom | 2BR,1BA | $995 |
| Hayfield Homes | One Bedroom | 1BR,1BA | $995 |
| Magnolia Village Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1,020 |
| Chelsea Place | Williamsburg | 1BR,1BA | $1,096 |
| Forrest Park Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1,099 |
| Davis Estates Apartments | Two Bedroom | 2BR,1BA | $1,130 |
| Carden Estates Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Shelbyville, TN
As of July 31, 2026 the best value apartment in the Shelbyville area is the $1.15 price per square foot The Gateway Model at Hawthorne Park South in the in the Blackman Farm neighborhood starting from $1,671. The second greatest value Shelbyville apartment is the 3 Bed, 2 Bath Large 1,450 SF Model at Saddle Wood Apartments starting at $1,350 with a $0.93 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. |
|---|---|---|---|
| Hawthorne Park South | The Gateway | 3BR,2BA | $1.15 |
| Saddle Wood Apartments | 3 Bed, 2 Bath Large 1,450 SF | 3BR,2BA | $0.93 |
| Park Trail Apartments | 2 Bedroom | 2BR,2BA | $1.06 |
| The Social Blue | 2x2 Renovated | 2BR,2BA | $0.92 |
| Magnolia Village Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.04 |
| 1558 S Spring St | 2 Beds, 1 bath | 2BR,1BA | $0.98 |
| Davis Estates Apartments | Two Bedroom | 2BR,1BA | $1.18 |
| Hayfield Homes | Two Bedroom | 2BR,2BA | $1.26 |
| Forrest Park Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.32 |
| Hills Chapel Apartments | Two bedroom | 2BR,1BA | $1.32 |
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 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.
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.
Best Local Schools in Shelbyville, TN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shelbyville, TN Rentals by Map
See the most popular apartments and homes in Shelbyville, TN
Frequently Asked Questions about Cheap Shelbyville Apartments
How much is rent for a Cheap One Bedroom Shelbyville Apartment?
The lowest price for a Cheap One Bedroom Shelbyville Apartment is $825 at Oak 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 $950 at 1558 S Spring St.
What is the most affordable Shelbyville Three Bedroom Apartment?
The best deal on a cheap Shelbyville Three Bedroom Apartment rental is at Oak Park Apartments and starts from $1,200.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.