Cheap Apartments for Rent in Selma, IN

2 rentals

Apartments For Rent Near Selma, IN

We found 30 more apartments matching your filters just outside Selma

Average Rent Trends in Selma, IN

Rent in Selma, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Apr 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Mar 2025$725
Apr 2025$725
May 2025$785
Jun 2025$785
Jul 2025$785
Aug 2025$785
Oct 2025$1,485
Nov 2025$1,485
Dec 2025$625
Jan 2026$625
Mar 2026$1,100
Apr 2026$1,100
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$765——$650
Apartments and Condos————$650
Houses—$765——$765

Frequently Asked Questions about Rentals in Selma, IN

  • What is the average rent of an apartment in Selma, IN?
    The average rent of an apartment in Selma, IN is $650 per month. This is about 67% lower than the national average.
  • What is the average rent of a house in Selma, IN?
    The average rent of a house in Selma, IN is $765 per month. This is about 61% lower than the national average.
  • When is the average rent cheapest in Selma, IN?
    In the last year, the average rent in Selma, IN was lowest in Dec 2025 when it was $625 per month.
  • When is the average rent most expensive in Selma, IN?
    In the last year, the average rent in Selma, IN was highest in Oct 2025 when it was $1,485 per month.
  • How many available rental listings are in Selma, IN?
    There are 1 available rental listings in Selma, IN.
  • What are some cities near Selma, IN?
    Some nearby cities include: Parker City, Blountsville, Farmland, Muncie, Albany. These cities may have more rental options to explore.