Cheap Apartments for Rent in Sheridan, IN from $400 (45 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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Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 511 Zephyr Way

$2,125

Total Monthly Price

Total Monthly Price

Base Rent
$2,125
Total Monthly Price
$2,125

3 Bedroom, 2 Bath Rentals

Available Now

511 Zephyr Way

WestfieldIN46074

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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Showing Results 1-45, Page 1 of 1

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. Carmel Woods in the Carmel neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,010. Here is today’s list of the most affordable Sheridan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pebble Village Townhomes3 Bedroom3BR,2BA$569
Carmel WoodsThe Cypress1BR,1BA$1,010
Blackhawk Commons2 Bedroom2BR,1BA$1,068
Lions CreekOne Bedroom One Bathroom1BR,1BA$1,099
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1,110
Main Street on the MononA2 Walnut1BR,1BA$1,144
Harbour Town1Bed/1Bath1BR,1BA$1,179
Pebble Brook VillagePebble Beach1BR,1BA$1,203
Promenade ApartmentsThe Capri1BR,1BA$1,299
The Union at Grand JunctionMidlandStudio,1BA$1,301

Best Value Apartments for Rent in Sheridan, IN and Nearby

As of July 21, 2026 the best value apartment in the Sheridan area is the $1.06 price per square foot Chester 4 Bed Model at Jackson Run Townhomes in the in the Lebanon Whitestown neighborhood starting from $2,299. The second greatest value Sheridan apartment is the Trenton Model at Casey Corner Townhomes starting at $2,300 with a $1.35 price per square foot in the Westfield 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.
Jackson Run TownhomesChester 4 Bed4BR,2.5BA$1.06
Casey Corner TownhomesTrenton3BR,2.5BA$1.35
Pebble Village Townhomes2 Bedroom2BR,1BA$0.66
Redwood Westfield Myra WayForestwood2BR,2BA$1.42
Carmel WoodsThe Casa Grande3BR,1.5BA$1.41
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.16
Blackhawk Commons2 Bedroom2BR,1BA$1.13
Carmel Landing Apartment Homes2-Garden2BR,2BA$1.58
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.64
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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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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Sheridan, IN

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

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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 $1,209.

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

The lowest price for a Cheap One Bedroom Sheridan Apartment is $1,010 at Carmel Woods.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.