
Cheap Homes for Rent in Sheridan, IN from $1,700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Sheridan.


4119 Manasota Ct

15002 Silver Thorne Way

1488 Juniper Dr
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.

1964 Rowena Ln

511 Zephyr Way

246 Coatsville Dr

1722 Trinity Ln
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.

6414 Apperson Dr
Sheridan, IN Local Guide

How much does it cost to rent a home in Sheridan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheridan 2 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Sheridan 3 Bedroom Homes for Rent | $2,487 | $1,790 | $3,700 |
| Sheridan 4 Bedroom Homes for Rent | $2,774 | $2,050 | $3,750 |
| Sheridan 5 Bedroom Homes for Rent | $4,573 | $3,500 | $5,200 |
Browse Top Homes for Rent in Sheridan
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Sheridan, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pebble Village Townhomes | 3 Bedroom | 3BR,2BA | $569 |
| Carmel Woods | The Cypress | 1BR,1BA | $1,010 |
| Blackhawk Commons | 2 Bedroom | 2BR,1BA | $1,068 |
Best Value Apartments for Rent in Sheridan, IN and Nearby
As of July 23, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jackson Run Townhomes | Chester 4 Bed | 4BR,2.5BA | $1.06 |
| Casey Corner Townhomes | Trenton | 3BR,2.5BA | $1.35 |
| Pebble Village Townhomes | 2 Bedroom | 2BR,1BA | $0.66 |
| Redwood Westfield Myra Way | Forestwood | 2BR,2BA | $1.42 |
| Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.16 |
| Blackhawk Commons | 2 Bedroom | 2BR,1BA | $1.13 |
| Carmel Woods | The Willows | 2BR,2BA | $1.40 |
| Carmel Landing Apartment Homes | 2-Garden | 2BR,2BA | $1.58 |
| The Village on Spring Mill | Purcell - 1 bed 1 bath - Renovated | 1BR,1BA | $1.64 |
| Harbour Town | 1Bed/1Bath | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Sheridan, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Sheridan, IN
Frequently Asked Questions about Sheridan
What type of rentals are currently available in Sheridan?
There are currently 45 Apartments for Rent in Sheridan, IN with pricing that ranges from $1,010 to $4,460. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheridan ranging from $1,790 to $5,200.
What is the current price range for Rental Homes in Sheridan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sheridan ranges from $1,790 to $5,200 with an average monthly rent of $3,083.
How much are larger Three and Four Bedroom Rentals in Sheridan?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sheridan range from $1,525 to $4,460, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,790 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,485.
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

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.

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.

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.

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.