
Cheap Homes for Rent in Shepardsville, IN from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Shepardsville.


100 Gilbert Ave

2005 8th Ave

2117 Cleveland Ave

22 Blakely Ave

731 View Ave

6948 N 32nd St

424 S 4th St

1358 Chestnut St
Shepardsville, IN Local Guide

How much does it cost to rent a home in Shepardsville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shepardsville 2 Bedroom Homes for Rent | $944 | $600 | $1,500 |
Shepardsville 3 Bedroom Homes for Rent | $982 | $785 | $1,095 |
Shepardsville 4 Bedroom Homes for Rent | $1,250 | $1,250 | $1,250 |
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Shepardsville, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $460 |
Brookhaven | Studio | Studio,1BA | $525 |
Best Value Apartments for Rent in Shepardsville, IN and Nearby
As of October 14, 2025 the best value apartment in the Shepardsville area is the $1.16 price per square foot Single Family Home Model at Sullivan Downtown Townhomes in the starting from $1,598. The second greatest value Shepardsville apartment is the 2 Bedroom 2 Bath Model at River Valley Apartments starting at $460 with a $0.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sullivan Downtown Townhomes | Single Family Home | 3BR,2.5BA | $1.16 |
River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $0.50 |
202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Springhill Apartments | 2 Bedroom | 2BR,1BA | $0.98 |
Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.09 |
Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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Frequently Asked Questions about Shepardsville
What type of rentals are currently available in Shepardsville?
There are currently 45 Apartments for Rent in Shepardsville, IN with pricing that ranges from $351 to $3,108. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepardsville ranging from $550 to $1,500.
What is the current price range for Rental Homes in Shepardsville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shepardsville ranges from $550 to $1,500 with an average monthly rent of $887.
How much are larger Three and Four Bedroom Rentals in Shepardsville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shepardsville range from $534 to $3,108, while Three Bedroom Homes, Condos, and Townhomes for rent range from $785 to $1,095. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,200.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.