8

Sheridan, IN Homes for Rent

Section Image
  • /20

    Starting at $652 Per Month

    • 1 - 3 Beds

    503 E 4th St, Sheridan, IN 46069

    Welcome to Blackhawk Commons, a charming community nestled in the heart of Sheridan, IN. Our affordable rental community offers a variety of one, two, and three-bedroom floor plans designed to suit your lifestyle. Enjoy the convenience of modern apartment amenities like air conditioning, a dishwasher, high ceilings, and washer/dryer hookups. At Blackhawk Commons, we take pride in our Enterprise

    Blackhawk Commons

    503 E 4th St, Sheridan, IN 46069
  • /18

    $2,189 Per Month

    • 4 Beds
    • 3 Baths
    • 2,182 Sq Ft
    • House for Rent

    501 Foliage Ln, Sheridan, IN 46069

    Coming soon - this home is currently being enjoyed by another resident but will be available soon. This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 4 bedrooms, 3.0 bathrooms, and approximately 2,182 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a

    501 Foliage Ln, Sheridan, IN 46069
  • /16

    $1,790 Per Month

    • 3 Beds
    • 2 Baths
    • 1,264 Sq Ft
    • House for Rent

    310 W Long Bow St, Sheridan, IN 46069

    Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $55 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.

    310 W Long Bow St, Sheridan, IN 46069
  • /2

    $2,400

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,850 Sq Ft
    • Townhouse for Rent

    18661 Moray St, Sheridan, IN 46069

    Rental opportunity at the townhomes at Lancaster in Westfield ! This has Open floor plan with upgraded kitchen and quartz countertops, 3 bedrooms and laundry upstairs with dual sink and Lots of updates includes Stainless steel upgraded appliances with washer/dryer, Wireless boosters, Smart feature of temperature motion sensor upstairs for great efficiency heating and cooling with rheia system

    18661 Moray St, Sheridan, IN 46069
  • /14

    $2,350 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,896 Sq Ft
    • Condo for Rent

    18661 Moray St, Sheridan, IN 46069

    18661 Moray ST, 1896 square foot condominium in Westfield, IN, offering an attractive and modern home experience. This property is in great condition and ready to elevate your lifestyle. The heart of this 2 story townhome is its open-plan kitchen, seamlessly integrating with the living room with a lot of natural light. It features a functional island, complete with a sink. The property offers 3

    Anjushree Bothra F.C. Tucker Company

    18661 Moray St, Sheridan, IN 46069

Why Live in Sheridan

Sheridan, IN, is a small town in Hamilton County known for its close-knit community and traditional American main street charm. The town features a mix of mid-20th century homes, including modest craftsman bungalows and ranch-style houses. Sheridan Community Schools, which include Sheridan Elementary, Middle, and High Schools, are highly rated, providing quality education for local students. Main Street is home to popular dining spots like Greek’s Pizzeria and Twin Kiss Drive-In, contributing to the town’s revitalization efforts. For shopping, residents often travel to nearby Carmel or Westfield for stores like Target and Walmart. Outdoor enthusiasts can enjoy Biddle Memorial Park, which offers a playground, sports facilities, and picnic areas, as well as the Monon Trail for walking and cycling. Sheridan also hosts annual events such as the Harvest Moon Festival in October and the Countdown to Christmas Bazaar, fostering a strong sense of community. With state routes 47 and 38 providing access to Downtown Indianapolis, Sheridan offers a blend of small-town living with convenient commutes.

Frequently Asked Questions

How much does it cost to rent a home in Sheridan, IN?
The median rent for a home in Sheridan, IN is $2,219 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Sheridan, IN?
To comfortably afford the median rent in Sheridan, IN, a household needs to earn roughly $88,760 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,219 per month in Sheridan, IN, renters typically need to show $6,657 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Sheridan, IN?
In Sheridan, IN, the price-to-rent ratio is 12.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Sheridan, IN are best for renting a home?
The best neighborhood for renting in Sheridan, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include East Westfield, West Noblesville, West Carmel, Downtown Carmel and East Carmel, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$2,219
Median Single Family Home Rent
$1,790
Median Townhouse Rent
$2,400
How to Rent a Home