Homes for Rent near Waldron, IN

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What to Know About

Life in Waldron & Beyond

Waldron shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Shelby County, IN

As of May 2025, Shelby County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Shelby County's average rent is 12.1% ($157) lower than the Indiana average of $1,298 and 36.4% ($652) lower than the U.S. average of $1,793.

Average Rent
$1,141
Monthly ChangeMonth Over Month Change
Decreased6.2% ($75)
Yearly ChangeYear Over Year Change
Decreased6.9% ($84)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $770 Decreased4.8% ($39) Increased2% ($15)
2 Beds $940 Decreased9.3% ($96) Increased5.6% ($50)
3 Beds $1,658 Decreased0.6% ($10) Increased11.1% ($166)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Shelby County Rental Market FAQs

Explore rental prices, market trends, and availability in Shelby County, IN.

The average rent in Shelby County, IN is $1,141 per month.
Homes in Shelby County typically rent for between $600 and $2,155 per month, with an average of $1,141 per month.
In Shelby County, the average rent for a 1-bedroom home is $770 per month, for a 2-bedroom home, $940 per month, and a 3-bedroom home is $1,658 per month.
The average rent in Shelby County is 36.4% ($652) lower than the national average of $1,793 per month.
The average rent in Shelby County has decreased by 6.2% ($75) in the last month and decreased by 6.9% ($84) over the past year.
The rental market in Shelby County, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Shelby County, IN, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 12 rental properties available in Shelby County, IN.
Based on the current averages, a household would need an annual income of $37,600 to comfortably afford a 2-bedroom home in Shelby County.
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