Cheap Apartments for Rent near Shepardsville, IN from $425 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Shepardsville.

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.

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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.

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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.

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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • Utilities Included
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Townhomes on Main
3 Bedroom Apartments

Townhomes on Main

400 S Market StRockville, IN 47872
Senior Living
  • Utilities Included

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.

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2204 Alpha Dr
1 Bedroom Apartments

2204 Alpha Dr

2204 Alpha DrDanville, IL 61832
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The Grove
1 to 3 Bedroom Apartments

The Grove

1610 Edgewood DrDanville, IL 61832
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Washington Square
1 to 2 Bedroom Apartments

Washington Square

614 S Washington StCrawfordsville, IN 47933

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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Showing Results 1-44, Page 1 of 1

Shepardsville, IN Local Guide

Cheapest Available Shepardsville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shepardsville, IN is a 2 Beds unit found at Sycamore Estates priced from $225. Brook Haven Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Shepardsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sycamore EstatesMobile Home Lot2BR,1BA$225
Brook Haven ApartmentsStudioStudio,1BA$525
Anthony Square Senior Apartments1 BR, 1 BA1BR,1BA$525
Sycamore Place3 Bedroom 1.5 Bathroom Townhouse Fall 20263BR,1BA$549
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
Arthur Ave Apartments1x11BR,1BA$610
The VeranderStudioStudio,1BA$650
NorthwindThe Hickory1BR,1BA$660
Willow CrossingsPhase I - StudioStudio,1BA$730

Best Value Apartments for Rent in Shepardsville, IN and Nearby

As of September 10, 2026 the best value apartment in the Shepardsville area is the $0.35 price per square foot 4 Bed 2 bath Model at The Annex of Terre Haute in the in the Downtown Terre Haute neighborhood starting from $425. The second greatest value Shepardsville apartment is the 3 Bedroom Model at Harrison West starting at $1,000 with a $0.91 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Shepardsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Annex of Terre Haute4 Bed 2 bath4BR,2BA$0.35
Harrison West3 Bedroom3BR,2BA$0.91
Arbors at Honey Creek2x22BR,2BA$0.57
Ashton Apartments2BR/2.0BA2BR,2BA$1.00
Sycamore EstatesMobile Home Rental3BR,1BA$0.67
Park Place1627, Large 3 Bed3BR,1BA$1.15
Springhill Apartments2 Bedroom2BR,1BA$1.00
Riverside Apartments2 Bedroom2BR,1BA$1.14
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Quick 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Shepardsville, IN Rentals by Map

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See the most popular apartments and homes in Shepardsville, IN

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Frequently Asked Questions about Cheap Shepardsville Apartments

What is the Cheapest Studio apartment in Shepardsville?

Currently the most affordable Cheap Studio Apartment in Shepardsville is at Brook Haven Apartments listed at $525.

How much is rent for a Cheap One Bedroom Shepardsville Apartment?

The lowest price for a Cheap One Bedroom Shepardsville Apartment is $525 at Anthony Square Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Shepardsville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shepardsville is starting from $225 at Sycamore Estates.

What is the most affordable Shepardsville Three Bedroom Apartment?

The best deal on a cheap Shepardsville Three Bedroom Apartment rental is at Sycamore Place and starts from $549.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.