
Cheap Homes for Rent in Shepardsville, IN from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Shepardsville.


630 Ash St

1358 Chestnut St

2333 N 14th St

3792 E Beulah Ave

2305 N 11th St

1034 N 8th St
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.

811 N 7th St

1034 N 7th St

695 N 25th St

122 N 18th St

1619 5th Ave

121 Gilbert Ave

1400 Wabash Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $894 | $725 | $1,195 |
Shepardsville 3 Bedroom Homes for Rent | $1,152 | $750 | $2,000 |
Shepardsville 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Shepardsville 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Shepardsville
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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. Brookhaven 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
Brookhaven | Studio | Studio,1BA | $525 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Highland Terrace | 1 Bed 1 Bath | 1BR,1BA | $675 |
Best Value Apartments for Rent in Shepardsville, IN and Nearby
As of May 28, 2025 the best value apartment in the Shepardsville area is the $0.93 price per square foot 4x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,347. The second greatest value Shepardsville apartment is the 2 Bedroom Model at 202 E Crockett starting at $945 with a $1.05 price per square foot . 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. |
---|---|---|---|
Arbors at Honey Creek | 4x2 | 4BR,2BA | $0.93 |
202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Springhill Apartments | 1 Bedroom | 1BR,1BA | $1.14 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Shepardsville
What type of rentals are currently available in Shepardsville?
There are currently 40 Apartments for Rent in Shepardsville, IN with pricing that ranges from $351 to $2,510. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepardsville ranging from $595 to $2,000.
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 $595 to $2,000 with an average monthly rent of $1,071.
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 $464 to $2,193, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $465.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.