Cheap Apartments for Rent in Sheridan, IN from $500 (33 Rentals)

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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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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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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 Blackhawk Commons in the Cicero Arcadia neighborhood priced from $882. Pebble Village Townhomes in the Pebble Brook neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $991. Here is today’s list of the most affordable Sheridan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Blackhawk CommonsThree Bedroom3BR,2BA$882
Pebble Village Townhomes2 Bedroom2BR,1BA$991
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$999
Main Street on the MononMapleStudio,1BA$1,134
Harbour Town1Bed/1Bath1BR,1BA$1,199
Pebble Brook VillagePine Valley1BR,1BA$1,224
NEXUS Apartments of NoblesvilleConner1BR,1BA$1,249
Lions CreekOne Bedroom One Bathroom1BR,1BA$1,259
The Union at Grand JunctionMidlandStudio,1BA$1,284
Carmel Landing Apartment Homes2-Garden2BR,2BA$1,298

Best Value Apartments for Rent in Sheridan, IN and Nearby

As of March 07, 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 $1,895 with a $1.14 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$1.14
Redwood Westfield Hamilton WayForestwood2BR,2BA$1.45
Redwood Westfield Myra WayForestwood2BR,2BA$1.31
Wentworth at WestClay CondominiumsYork2BR,1BA$1.51
Carmel Landing Apartment Homes2-Mastersuite2BR,2BA$1.46
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Pebble Village Townhomes2 Bedroom2BR,1BA$1.03
Carmel WoodsThe Willows2BR,2BA$1.54
Harbour Town1Bed/1Bath1BR,1BA$1.54

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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 $1,134.

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

The lowest price for a Cheap One Bedroom Sheridan Apartment is $1,194 at Main Street on the Monon.

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 Blackhawk Commons and starts from $882.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.