
Cheap Apartments for Rent near Shirley, IN from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Shirley.


LINCOLN PARK APARTMENTS

Reflections I

Courtyard Village Apartments

Bay Terrace Apartments

Academy Place Apartments

Beckford Place

Grand Avenue Commons

Longfellow Plaza Affordable Senior Community
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.

Villages on Madison Apartments

6301 W Kilgore Ave

1212 Meridian Flats

Cedar Ridge Townhomes

Applecreek

Sun Valley Townhomes

Madison Lakes

Jamestown Village

Cross Lakes
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.

Crestwood MHC

Total Monthly Price
Four Winds Apartments

Greenfield Village

Stonecrest Apartments

STONE RUN VILLAS

SPICELAND VILLAS

Knightstown Villas

2120 Spring St

Preserve on Blue Road Apartments
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.

Washington Village Apartments

Gateway Crossing Apartments

Greenfield Knoll Apartments

Greenfield Crossing

Harter House

Hoosier Woods

2324 Chase St

2422 Lincoln St

2223 Chase St
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.

2802 Chase St

420 W 25th St

1518 Pearl St

2320 Plum St

1820 Pearl St

27 Crestwood Dr

3021 Delaware St

415 E 35th St

2419 Jackson St
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.

18 Hough St
Shirley, IN Local Guide

How much does it cost to rent an apartment in Shirley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shirley Studio Apartments | $610 | $481 | $790 |
| Shirley 1 Bedroom Apartments | $1,330 | $250 | $2,743 |
| Shirley 2 Bedroom Apartments | $1,560 | $815 | $3,279 |
| Shirley 3 Bedroom Apartments | $1,726 | $1,099 | $3,577 |
| Shirley 4 Bedroom Apartments | $1,314 | $1,224 | $1,460 |
Browse Top Apartments in Shirley
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Shirley, IN Local Guide
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Cheapest Available Shirley Apartments for Rent and Nearby
 The cheapest available apartment rental in Shirley, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior in the Anderson neighborhood priced from $250. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Shirley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Beckford Place | Studio | Studio,1BA | $725 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| 1212 Meridian Flats | 1x1 | 1BR,1BA | $850 |
| Cedar Ridge Townhomes | The Hickory | 1BR,1BA | $869 |
| Harter House | Sofia | 1BR,1BA | $895 |
Best Value Apartments for Rent in Shirley, IN and Nearby
As of July 29, 2026 the best value apartment in the Shirley area is the $0.92 price per square foot Townhouse Model at Sun Valley Townhomes in the in the Anderson neighborhood starting from $1,300. The second greatest value Shirley apartment is the 3x1.5 R-Prem Model at Villages on Madison Apartments starting at $1,390 with a $1.06 price per square foot in the Anderson neighborhood. Here is today’s list of the best values for Shirley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| Villages on Madison Apartments | 3x1.5 R-Prem | 3BR,1.5BA | $1.06 |
| Crestwood MHC | Blazer 76 4A | 4BR,2BA | $1.01 |
| Greenfield Knoll Apartments | 2 Bed/2 Bath Up | 2BR,2BA | $1.11 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| 1212 Meridian Flats | 1x1 | 1BR,1BA | $1.01 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shirley, IN Rentals by Map
See the most popular apartments and homes in Shirley, IN
Frequently Asked Questions about Cheap Shirley Apartments
What is the Cheapest Studio apartment in Shirley?
Currently the most affordable Cheap Studio Apartment in Shirley is at LINCOLN PARK APARTMENTS listed at $645.
How much is rent for a Cheap One Bedroom Shirley Apartment?
The lowest price for a Cheap One Bedroom Shirley Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom Shirley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shirley is starting from $824 at Grand Avenue Commons.
What is the most affordable Shirley Three Bedroom Apartment?
The best deal on a cheap Shirley Three Bedroom Apartment rental is at Crestwood MHC and starts from $1,004.
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.