Cheap Apartments for Rent in Fairland, IN from $600 (16 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 202 E Taylor St

202 E Taylor St

ShelbyvilleIN46176

Fairland - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Fairland, IN Local Guide

Cheapest Available Fairland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairland, IN is a Studio unit found at Waterbury Apartments in the Tracy Commons neighborhood priced from $750. Loper Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $966. Here is today’s list of the most affordable Fairland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$750
Loper Commons.One Bedroom Apartment II1BR,1BA$966
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$989
Emerson VillageThe Cardinal - Premium1BR,1BA$1,012
The Fairways at Valle Vista1 Bedroom 1 Bath A1BR,1BA$1,029

Best Value Apartments for Rent in Fairland, IN and Nearby

As of April 28, 2025 the best value apartment in the Fairland area is the $1.16 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,200. The second greatest value Fairland apartment is the 2 Bed/2.5 Bath Town Home Model at Greenwood Oaks starting at $1,469 with a $1.14 price per square foot in the Tracy Commons neighborhood. Here is today’s list of the best values for Fairland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL3-SUN3BR,2BA$1.16
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.14
Keeneland Crest ApartmentsVictorian2BR,2BA$1.33
Emerald LakesWaterford2BR,2BA$1.36
Washington Village ApartmentsThe Gable2BR,2BA$1.19
Latitudes ApartmentsThe Capricorn 2 BR 1 BA2BR,1BA$1.30
Sundance ApartmentsThe Dawn 2 BR 2 BA2BR,2BA$1.32
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.03
St. Andrews2Bd/2Ba T2BR,2BA$1.40
Brixin FranklinC1r2BR,2BA$1.37

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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

Explore Fairland, IN Rentals by Map

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Getting Around Fairland, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Fairland Apartments

What is the Cheapest Studio apartment in Fairland?

Currently the most affordable Cheap Studio Apartment in Fairland is at Waterbury Apartments listed at $750.

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

The lowest price for a Cheap One Bedroom Fairland Apartment is $966 at Loper Commons.

What is the lowest price for a Cheap Two Bedroom Fairland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairland is starting from $989 at Martin Estates Apartments.

What is the most affordable Fairland Three Bedroom Apartment?

The best deal on a cheap Fairland Three Bedroom Apartment rental is at Loper Commons and starts from $1,347.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.