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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Highland
1 to 3 Bedroom Apartments

Highland

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

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Inc.
property at 205 North St

205 North St

RaymondIL62560
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
Whispering Pines1 bed Classic1BR,1BA$700

Best Value Apartments for Rent in Shelbyville, IL and Nearby

As of March 12, 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 2 Bedroom 1 Bathroom Model at West Mound Apartments starting at $890 with a $0.98 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
West Mound Apartments2 Bedroom 1 Bathroom2BR,1BA$0.98
Decatur Flats Apartments2BR/1.0BA2BR,1BA$0.91
Hickory Point ApartmentsTwo Bedroom with In-Unit Washer/Dryer2BR,1BA$1.06
The Raymond ApartmentsTwo bedroom2BR,1BA$1.00
Butler Place2 Beds, 1 Baths2BR,1BA$1.06
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

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.

decorative image of people with a giant lease agreement

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

Explore Shelbyville, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Shelbyville, IL

View MapShelbyville, IL Apartments MapView MapShelbyville, IL Rental Homes Map

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.