
Cheap Homes for Rent in Shelbyville, IN from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Shelbyville.


108 W Pennsylvania St

214 W Franklin St

106 W Broadway St

316 E Franklin St

129 W Hendricks St

202 E Taylor St

24 Elliott St

172 Habig St

1410 E Jefferson St
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.

1420 E Jefferson St

1975 Crescent St

130 N Jackson St

334 Wellington Blvd

1057 Torino Ct
Shelbyville, IN Local Guide

How much does it cost to rent a home in Shelbyville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelbyville 2 Bedroom Homes for Rent | $947 | $695 | $1,050 |
Shelbyville 3 Bedroom Homes for Rent | $1,840 | $1,400 | $2,500 |
Shelbyville 4 Bedroom Homes for Rent | $2,400 | $2,350 | $2,450 |
Shelbyville 5 Bedroom Homes for Rent | $2,495 | $2,190 | $2,800 |
Browse Top Homes for Rent in Shelbyville
Explore Shelbyville
Shelbyville, IN Local Guide
- Shelbyville Neighborhoods
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Cheapest Neighborhoods for Apartments in Shelbyville, IN
Pricing Updated: 04/27/2025Current apartment rentals in the Shelbyville, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Shelbyville Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Shelbyville | $845 | $685 | 8 |
Cheapest Available Shelbyville Apartments for Rent
 The cheapest available apartment rental in Shelbyville, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $449. Hendricks Pointe in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $502. Here is today’s list of the most affordable Shelbyville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
LINCOLN PARK APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $449 |
Hendricks Pointe | One Bedroom | 1BR,1BA | $502 |
North Harrison Senior | Two Bedroom | 2BR,1BA | $695 |
Waterbury Apartments | Studio | Studio,1BA | $750 |
Loper Commons | .One Bedroom Apartment II | 1BR,1BA | $966 |
Best Value Apartments for Rent in Shelbyville, IN
As of April 27, 2025 the best value apartment in the Shelbyville 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 Shelbyville 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 Shelbyville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Links at Franklin | L3-SUN | 3BR,2BA | $1.16 |
Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.14 |
Keeneland Crest Apartments | Victorian | 2BR,2BA | $1.33 |
Washington Village Apartments | The Gable | 2BR,2BA | $1.19 |
Latitudes Apartments | The Capricorn 2 BR 1 BA | 2BR,1BA | $1.30 |
Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.03 |
St. Andrews | 2Bd/2Ba T | 2BR,2BA | $1.40 |
Hendricks Pointe | One Bedroom | 1BR,1BA | $0.58 |
LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.78 |
North Harrison Senior | One Bedroom | 1BR,1BA | $0.98 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Shelbyville
What type of rentals are currently available in Shelbyville?
There are currently 67 Apartments for Rent in Shelbyville, IN with pricing that ranges from $620 to $3,973. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelbyville ranging from $685 to $2,800.
What is the current price range for Rental Homes in Shelbyville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelbyville ranges from $685 to $2,800 with an average monthly rent of $1,699.
How much are larger Three and Four Bedroom Rentals in Shelbyville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelbyville range from $1,345 to $3,973, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $1,919.
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.

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.

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.

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.

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.