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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 $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shelby Street-Epler Avenue area of Indianapolis.
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from $8401 to 2 Bedroom Apartments Available Now
Meridian Court South
7266 Lockwood LnIndianapolis, IN 46217
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from $8491 to 3 Bedroom Apartments Available Now
Brookwood Apartments
5301 S Turtle Creek South DrIndianapolis, IN 46227
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from $931Studio to 3 Bedroom Apartments Available Now
Ninth Avenue Apartments
4651 Mimi DrIndianapolis, IN 46237
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from $9501 to 3 Bedroom Apartments Available Now
The Sycamores
7913 Ella Dobbs LnIndianapolis, IN 46227
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from $9551 to 2 Bedroom Apartments Available Now
Thompson Village Apartments
139 Thompson Village WayIndianapolis, IN 46227
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from $9751 to 2 Bedroom Apartments Available Apr 14
The Sterling
8020 Madison AveIndianapolis, IN 46227
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from $1,0001 to 3 Bedroom Apartments Available Now
City Heights
457 Monument View DrIndianapolis, IN 46227
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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!
615 E Thompson Rd
IndianapolisIN46227
Showing Results 1-11, 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 | $971 | $765 | $1,199 |
| Shelby Street-Epler Avenue 1 Bedroom Apartments | $1,144 | $877 | $1,499 |
| Shelby Street-Epler Avenue 2 Bedroom Apartments | $1,255 | $984 | $1,799 |
| Shelby Street-Epler Avenue 3 Bedroom Apartments | $1,546 | $1,311 | $2,647 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Shelby Street-Epler Avenue Neighborhood of Indianapolis, IN.
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Shelby Street-Epler Avenue, Indianapolis, IN Local Guide
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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 $770. Meridian Court South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. 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 - Loft | Studio,1BA | $770 |
| Meridian Court South | Villa | 1BR,1BA | $840 |
| The Sycamores | A1 The Sycamores 1/1 | 1BR,1BA | $950 |
| Brookwood Apartments | Evergreen Three | 1BR,1BA | $974 |
| City Heights | 1A | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Shelby Street-Epler Avenue, IN
As of April 10, 2025 the best value apartment in the Shelby Street-Epler Avenue area is the $1.33 price per square foot Sycamore Two Model at Brookwood Apartments in the in the Concord neighborhood starting from $1,311. 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 | $1.33 |
| 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 | $1.34 |
| The Sterling | The Remington | 2BR,1BA | $1.22 |
| Creek Bay | 1Bed/1Bath Large | 1BR,1BA | $1.46 |
| Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.51 |
| City Heights | 1A | 1BR,1BA | $1.44 |
| Estates of Creekside Apartments | The Tribeca | 1BR,1BA | $1.69 |
| 5700 Madison Apartments & Edgewood on Madison | Edgewood - Hawthorn | Studio ,1BA | $1.68 |
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Pet Friendly LifestyleShelby Street-Epler Avenue, Indianapolis, IN
Ranked #149
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 a cheap apartment in Shelby Street-Epler Avenue?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shelby Street-Epler Avenue is under $1,175.
What is the price of a cheap apartment in Shelby Street-Epler Avenue?
The cheapest apartment in Shelby Street-Epler Avenue is Meridian Court South which is listed at $840, while the average apartment in Shelby Street-Epler Avenue costs $1,425.
What types of apartments are the cheapest in Shelby Street-Epler Avenue?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Shelby Street-Epler Avenue that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Shelby Street-Epler Avenue?
Cheap apartments in Shelby Street-Epler Avenue have an average cost of $125 which is $1,300 cheaper than the average rent for all rentals in Shelby Street-Epler Avenue.
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.