Updated 7 Hours Ago
Location
316 E Franklin St #5, Shelbyville, IN 46176, USA
Tour 316 E Franklin St #5
Contact
Nearby rentals
Property management
Apartments for rent IndianapolisApartments for rent BloomingtonApartments for rent GreenwoodApartments for rent NoblesvilleApartments for rent FishersApartments for rent Chapel Hill - Ben DavisApartments for rent AvonApartments for rent Snacks - Guion CreekApartments for rent PlainfieldApartments for rent BrownsburgApartments for rent Near SoutheastApartments for rent ColumbusApartments for rent WestfieldApartments for rent Southern DunesApartments for rent CambyApartments Near Me
Houses for rent IndianapolisHouses for rent BloomingtonHouses for rent ShelbyvilleHouses for rent CarmelHouses for rent NoblesvilleHouses for rent FishersHouses for rent LebanonHouses for rent AndersonHouses for rent GreenwoodHouses for rent AvonHouses for rent CumberlandHouses for rent MartinsvilleHouses for rent WhitestownHouses for rent ColumbusHouses for rent GreenfieldHouses for rent near me
Amenities for 316 E Franklin St #5
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Advertisement
About 316 E Franklin St #5
Property Status: Active A nice 1 bedroom apartment - now very available and very affordable! Additional utility surcharge of $150 on top of marketed rent. Tenant pays their own electric. Kitchen fridge and stove included in rent. Come check out this newly refurbished apartment! 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. 22121369
Address details
| Zip code | 46176 |
|---|---|
| Type | Apartment for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Shelbyville
1-bedroom apartments at 316 E Franklin St #5 cost about 20% less than the average rent price for 1-bedroom apartments in Shelbyville.
Median rents as of Aug 22 2026.
Shelbyville
| Month | Median Rent |
|---|---|
| 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 | $722 |
| August 2026 | $720 |
Affordability calculator
Can I afford to live at 316 E Franklin St #5?
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
$23,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $23,800 annually to afford this 1-bedroom monthly rent price of $595.
For more information on rent affordability, visit our rent calculator.
Schools near 316 E Franklin St #5
Coulston Elementary School
121 knightstown rd
shelbyville, IN, 46176
K-5Public
B-
Wanamaker Early Learning Center
4150 bazil ave
indianapolis, IN, 46239
PKPublic
Advertisement
Internet available near 316 E Franklin St #5
Neighborhood
Getting around Shelbyville near 316 E Franklin St #5
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 #5, Shelbyville
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
5/10
Variety of shops within a short drive
Cafes
4/10
Variety of cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
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
5/10
Variety of bars within a short drive
Compare similar properties nearby
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
Check availability
Beech Grove apartments13 listings
13 listings
Columbus apartments59 listings
59 listings
Fishers apartments118 listings
118 listings
Fortville apartments38 listings
38 listings
Franklin apartments38 listings
38 listings
Greenfield apartments43 listings
43 listings
Greenwood apartments107 listings
107 listings
Indianapolis apartments2369 listings
2369 listings
McCordsville apartments34 listings
34 listings
Advertisement