Cheap Apartments for Rent in Sheridan, IN from $890 (54 Rentals)

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

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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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Prairie Chase
$2,385 - $2,685

Total Monthly Price

Base Rent$2,385 - $2,685
Total Monthly PriceVaries
2 to 4 Bedroom Apartments Available Oct 26

Prairie Chase

2485 Good DrWhitestown, IN 46075
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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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Jackson Run Townhomes
2 to 4 Bedroom Apartments

Jackson Run Townhomes

2890 Cross Branch DrWhitestown, IN 46075
Corporate Housing

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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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. Grissom Estates Apartments in the Wareham's Pond neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $999. Here is today’s list of the most affordable Sheridan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pebble Village Townhomes3 Bedroom3BR,2BA$569
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$999
Blackhawk Commons2 Bedroom2BR,1BA$1,068
Lions CreekOne Bedroom One Bathroom1BR,1BA$1,099
Promenade ApartmentsThe Capri1BR,1BA$1,210
The Union at Grand JunctionMidlandStudio,1BA$1,216
Main Street on the MononB1 Mulberry2BR,1BA$1,259
NEXUS Apartments of NoblesvilleEmpire1BR,1BA$1,299
BridgewaterThe Beeson1BR,1BA$1,324
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,334

Best Value Apartments for Rent in Sheridan, IN and Nearby

As of September 04, 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 Westfield neighborhood starting from $2,300. The second greatest value Sheridan apartment is the Barton 3 Bed Model at Jackson Run Townhomes starting at $2,195 with a $1.45 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
Jackson Run TownhomesBarton 3 Bed3BR,2.5BA$1.45
Pebble Village Townhomes3 Bedroom3BR,2BA$0.48
Harbour Town2Bed/2Bath2BR,2BA$1.46
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Blackhawk Commons2 Bedroom2BR,1BA$1.13
Carmel Landing Apartment Homes2-Garden2BR,2BA$1.54
Main Street on the MononB3 Persimmon2BR,1BA$1.62
The Village on Spring MillPurcell - 1 bed 1 bath - Renovated1BR,1BA$1.64
Promenade ApartmentsThe Capri1BR,1BA$1.59

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 The Union at Grand Junction listed at $1,216.

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 $999 at Grissom Estates Apartments.

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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.