Updated 2 Hours Ago
Highlights
- On site laundry
- Laundry on site
- Beautiful views
- Fully functioning kitchen
- High end carpet
Location
316 E Franklin St #4, Shelbyville, IN 46176, USA
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Amenities for 316 E Franklin St #4
Apartment Amenities
| Baseboard | Carpet |
Building
| Onsite Laundry |
Other
| Exterior Type: Aluminum Siding |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 316 E Franklin St #4
Property Status: Active A nice and spacious 1 bedroom apartment - now very available and very affordable! This is an upstairs apartment, with beautiful views all of the windows allowing in tons of sunshine. There is an additional utility surcharge of $200 on top of marketed rent. Kitchen fridge and stove included in rent. Come check out this newly refurbished studio! We've got high end carpet in the living and bedroom area, fully functioning large eat in kitchen, and laundry on site! Office Phone: (317) 364-1106 Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: MIBOR Service Corporation|MLS Listing No. 22102865
Address details
| Zip code | 46176 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Shelbyville
1-bedroom apartments at 316 E Franklin St #4 cost about 4% less than the average rent price for 1-bedroom apartments in Shelbyville.
Median rents as of Jul 11 2026.
Shelbyville
| Month | Median Rent |
|---|---|
| July 2024 | $763 |
| August 2024 | $740 |
| September 2024 | $737 |
| October 2024 | $750 |
| November 2024 | $744 |
| December 2024 | $741 |
| January 2025 | $695 |
| February 2025 | $695 |
| March 2025 | $695 |
| April 2025 | $691 |
| May 2025 | $689 |
| June 2025 | $691 |
| July 2025 | $695 |
| August 2025 | $703 |
| September 2025 | $741 |
| October 2025 | $757 |
| November 2025 | $758 |
| December 2025 | $750 |
| January 2026 | $750 |
| February 2026 | $784 |
| March 2026 | $793 |
| April 2026 | $743 |
| May 2026 | $752 |
| June 2026 | $740 |
| July 2026 | $737 |
Affordability calculator
Can I afford to live at 316 E Franklin St #4?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$27,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,800 annually to afford this 1-bedroom monthly rent price of $695.
For more information on rent affordability, visit our rent calculator.
Schools near 316 E Franklin St #4
Coulston Elementary School
121 knightstown rd
shelbyville, IN, 46176
K-5Public
B-
Wanamaker Early Learning Center
4150 bazil ave
indianapolis, IN, 46239
PKPublic
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Internet available near 316 E Franklin St #4
Neighborhood
Getting around Shelbyville near 316 E Franklin St #4
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 316 E Franklin St #4, Shelbyville
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
5/10
Variety of shops within a short drive
Cafes
4/10
Some cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
4/10
Some bars within a short drive
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