close
View Me
from $765Studio to 2 Bedroom Apartments Available Now
5700 Madison Apartments & Edgewood on Madison
5757 Madison AveIndianapolis, IN 46227
Cheap Apartments for Rent in the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shelby Street-Epler Avenue area of Indianapolis.
close
View Me
from $7941 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
close
View Me
Rent Specials
from $931Studio to 3 Bedroom Apartments Available Now
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
close
View Me
Rent Specials
from $9501 to 3 Bedroom Apartments Available Now
The Sycamores
7913 Ella Dobbs LnIndianapolis, IN 46227
close
View Me
Rent Specials
from $9751 to 2 Bedroom Apartments Available Now
The Sterling
8020 Madison AveIndianapolis, IN 46227
close
View Me
from $1,0001 to 3 Bedroom Apartments Available Now
City Heights
457 Monument View DrIndianapolis, IN 46227
close
View Me
close
View Me
615 E Thompson Rd
IndianapolisIN46227
Shelby Street-Epler Avenue
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Showing Results 1-9, Page 1 of 1
Shelby Street-Epler Avenue, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Shelby Street-Epler Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby Street-Epler Avenue Studio Apartments | $1,019 | $765 | $1,199 |
| Shelby Street-Epler Avenue 1 Bedroom Apartments | $1,148 | $794 | $1,499 |
| Shelby Street-Epler Avenue 2 Bedroom Apartments | $1,289 | $1,025 | $2,997 |
| Shelby Street-Epler Avenue 3 Bedroom Apartments | $1,481 | $1,298 | $2,634 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Shelby Street-Epler Avenue, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Shelby Street-Epler Avenue Apartments for Rent
The cheapest available apartment rental in the Shelby Street-Epler Avenue area of Indianapolis, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison priced from $765. Brookwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $834. Here are the most affordable Shelby Street-Epler Avenue apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio,1BA | $765 |
| Brookwood Apartments | Evergreen Two | 1BR,1BA | $834 |
| The Sycamores | A1 The Sycamores 1/1 | 1BR,1BA | $950 |
Best Value Apartments for Rent in Shelby Street-Epler Avenue, IN
As of March 29, 2025 the best value apartment in the Shelby Street-Epler Avenue area is the $1.32 price per square foot Sycamore Two Model at Brookwood Apartments in the in the Concord neighborhood starting from $1,298. The second greatest value Shelby Street-Epler Avenue apartment is the B2 The Spruce 2/2 Model at The Sycamores starting at $1,350 with a $1.38 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Shelby Street-Epler Avenue apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brookwood Apartments | Sycamore Two | 3BR,1.5BA | $1.32 |
| The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
| Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.22 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.33 |
| The Sterling | The Remington | 2BR,1BA | $1.22 |
| Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.51 |
| Creek Bay | 1Bed/1Bath Standard | 1BR,1BA | $1.62 |
| City Heights | 1A | 1BR,1BA | $1.44 |
| Meridian Court South | Villa | 1BR,1BA | $2.21 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Cypress | Studio ,1BA | $1.83 |
Quick 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.
Let everyone know!
Do you know the Shelby Street-Epler Avenue area?
If you’re an expert on all things Shelby Street-Epler Avenue, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleShelby Street-Epler Avenue, Indianapolis, IN
Ranked #175
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Indianapolis, Indiana. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, family-friendliness, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Shelby Street-Epler Avenue Apartments
What is the Cheapest Studio apartment in Shelby Street-Epler Avenue?
Currently the most affordable Cheap Studio Apartment in Shelby Street-Epler Avenue is at 5700 Madison Apartments & Edgewood on Madison listed at $765.
How much is rent for a Cheap One Bedroom Shelby Street-Epler Avenue Apartment?
The lowest price for a Cheap One Bedroom Shelby Street-Epler Avenue Apartment is $834 at Brookwood Apartments.
What is the lowest price for a Cheap Two Bedroom Shelby Street-Epler Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shelby Street-Epler Avenue is starting from $1,025 at The Sterling.
What is the most affordable Shelby Street-Epler Avenue Three Bedroom Apartment?
The best deal on a cheap Shelby Street-Epler Avenue Three Bedroom Apartment rental is at Brookwood Apartments and starts from $1,298.
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.
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.
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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.