Cheap Apartments for Rent in Shepardsville, IN from $300 (48 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920

Cash 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.

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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.

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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 Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. River Valley Apartments in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $460. Here is today’s list of the most affordable Shepardsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$460
Lakewood ApartmentsStudioStudio,1BA$500
BrookhavenStudioStudio,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Arthur Ave Apartments1x11BR,1BA$610
Highland Terrace1 Bed 1 Bath1BR,1BA$675
NorthwindThe Hickory1BR,1BA$685
Winston Terrace1BR/1BA1BR,1BA$725
The Grove1 Bed 1 Bath1BR,1BA$726

Best Value Apartments for Rent in Shepardsville, IN and Nearby

As of September 15, 2025 the best value apartment in the Shepardsville area is the $0.80 price per square foot 4BR/4.0BA Model at Ashton Apartments in the starting from $1,200. The second greatest value Shepardsville apartment is the Single Family Home Model at Sullivan Downtown Townhomes starting at $1,598 with a $1.16 price per square foot . 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.
Ashton Apartments4BR/4.0BA4BR,4BA$0.80
Sullivan Downtown TownhomesSingle Family Home3BR,2.5BA$1.16
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$0.50
202 E Crockett2 Bedroom2BR,1BA$1.05
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
The Grove1 Bed 1 Bath1BR,1BA$0.97
Riverside Apartments2 Bedroom2BR,1BA$1.07
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92

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Frequently Asked Questions about Cheap Shepardsville Apartments

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

The lowest price for a Cheap One Bedroom Shepardsville Apartment is $550 at Union Pointe.

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 $417 at Historic Walnut Square.

What is the most affordable Shepardsville Three Bedroom Apartment?

The best deal on a cheap Shepardsville Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.

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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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.