Cheap Apartments for Rent in Shelbyville, IL from $300 (19 Rentals)

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

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
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Newton Senior Housing
1 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included
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Butler Place
2 Bedroom Apartments

Butler Place

3100 Butler StSpringfield, IL 62703
  • Utilities Included
Showing Results 1-19, Page 1 of 1

Shelbyville, IL Local Guide

Cheapest Available Shelbyville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelbyville, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Shelbyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Rider Place1 Bedroom1BR,1BA$500
Stones Crossing ApartmentsNO DEPOSIT, 299 FIRST MONTHS RENT MOVES YOU IN!!!!1BR,1BA$550
Arthur Ave Apartments1x11BR,1BA$610
Butler Place2 Beds, 1 Baths2BR,1BA$695

Best Value Apartments for Rent in Shelbyville, IL and Nearby

As of March 24, 2025 the best value apartment in the Shelbyville area is the $0.41 price per square foot 3 Bedroom Model at The Millennium Apartments in the starting from $505. The second greatest value Shelbyville apartment is the 3 Person Occupancy Model at Royal Heights starting at $975 with a $1.11 price per square foot . Here is today’s list of the best values for Shelbyville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Royal Heights3 Person Occupancy3BR,1.5BA$1.11
The Raymond ApartmentsTwo bedroom2BR,1BA$1.00
Huntington Ridge ApartmentsTwo Bedroom2BR,1BA$1.13
Butler Place2 Beds, 1 Baths2BR,1BA$0.87
Decatur Flats Apartments1BR/1.0BA1BR,1BA$1.01
Arthur Ave Apartments1x11BR,1BA$0.97
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsNO DEPOSIT 399 FIRST MONTHS RENT MOVES YOU IN!!...1BR,1BA$1.07
Rider Place1 Bedroom1BR,1BA$0.92

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

Explore Shelbyville, IL Rentals by Map

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See the most popular apartments and homes in Shelbyville, IL

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Getting Around Shelbyville, IL

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Shelbyville Apartments

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

The lowest price for a Cheap One Bedroom Shelbyville Apartment is $421 at RESERVE AT LAKEVIEW.

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

Today's best deal for a Cheap Two Bedroom Apartment in Shelbyville is starting from $507 at RESERVE AT LAKEVIEW.

What is the most affordable Shelbyville Three Bedroom Apartment?

The best deal on a cheap Shelbyville Three Bedroom Apartment rental is at Rider Place and starts from $675.

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

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.