Cheap Apartments for Rent in Sheridan, IN from $500 (51 Rentals)

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

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Blackhawk Commons
1 to 3 Bedroom Apartments

Blackhawk Commons

503 E 4th StSheridan, IN 46069
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Spicewood Gardens
2 Bedroom Apartments

Spicewood Gardens

901 Basil LnSheridan, IN 46069
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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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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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Jackson Run Townhomes
2 to 4 Bedroom Apartments

Jackson Run Townhomes

2890 Cross Branch DrWhitestown, IN 46075
Corporate Housing

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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Sheridan, IN Local Guide

Cheapest Available Sheridan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheridan, IN is a 3 Beds unit found at Pebble Village Townhomes in the Pebble Brook neighborhood priced from $569. Blackhawk Commons in the Cicero Arcadia neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $882. Here is today’s list of the most affordable Sheridan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pebble Village Townhomes3 Bedroom3BR,1BA$569
Blackhawk CommonsThree Bedroom3BR,2BA$882
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$999
Lions CreekOne Bedroom One Bathroom1BR,1BA$1,099
Harbour Town1Bed/1Bath1BR,1BA$1,179
Main Street on the MononS1 Maple1BR,1BA$1,199
Promenade ApartmentsThe Capri1BR,1BA$1,215
Pebble Brook VillagePebble Beach1BR,1BA$1,259
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,276
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,342

Best Value Apartments for Rent in Sheridan, IN and Nearby

As of June 05, 2026 the best value apartment in the Sheridan area is the $1.35 price per square foot Trenton Model at Casey Corner Townhomes in the in the Countryside/Richter`s Corner neighborhood starting from $2,300. The second greatest value Sheridan apartment is the Tallmadge TH Model at Prairie Chase starting at $2,435 with a $1.47 price per square foot in the Lebanon Whitestown neighborhood. Here is today’s list of the best values for Sheridan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Casey Corner TownhomesTrenton3BR,2.5BA$1.35
Prairie ChaseTallmadge TH3BR,2.5BA$1.47
Jackson Run TownhomesBarton 3 Bed3BR,2.5BA$1.46
Pebble Village Townhomes2 Bedroom2BR,1BA$0.66
Redwood Westfield Myra WayForestwood2BR,2BA$1.55
Redwood Noblesville Webster DriveRosewood2BR,2BA$1.54
Cottages at Sanders Glen7177B12BR,1BA$1.54
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Carmel WoodsThe Willows2BR,2BA$1.54
Harbour Town1Bed/1Bath1BR,1BA$1.51

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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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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Frequently Asked Questions about Cheap Sheridan Apartments

What is the Cheapest Studio apartment in Sheridan?

Currently the most affordable Cheap Studio Apartment in Sheridan is at Main Street on the Monon listed at $1,199.

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

The lowest price for a Cheap One Bedroom Sheridan Apartment is $1,099 at Lions Creek.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sheridan is starting from $991 at Pebble Village Townhomes.

What is the most affordable Sheridan Three Bedroom Apartment?

The best deal on a cheap Sheridan Three Bedroom Apartment rental is at Pebble Village Townhomes and starts from $569.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.