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Viewing 1-12 of 12 rentals in Shelbyville
What to Know About
Life in Shelbyville & Beyond
Shelbyville 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
Shelbyville, IN
As of June 2025, Shelbyville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Shelbyville's average rent is 36.3% ($464) lower than the Indiana average of $1,277 and 54.4% ($971) lower than the U.S. average of $1,784.
Average Rent
$813
Monthly ChangeMonth Over Month Change
28.7% ($328)
Yearly ChangeYear Over Year Change
30.2% ($352)
Avg. Days on MarketAverage Days on Market
29
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $727 | 5.6% ($43) | 10.5% ($85) |
| 2 Beds | $871 | 7.3% ($69) | 8.5% ($81) |
| 3 Beds | $1,128 | 32% ($530) | 22.5% ($328) |
| Nearby Cities | Average Rent | Avg. Rent vs. ShelbyvilleAverage Rent vs. Shelbyville | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Franklin | $1,420 | 74.7% ($607) | 29 days |
| Whiteland | $1,419 | 74.5% ($606) | 27 days |
| Greenwood | $1,539 | 89.3% ($726) | 28 days |
| Rushville | $1,148 | 41.2% ($335) | 35 days |
| Beech Grove | $1,081 | 33% ($268) | 36 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Shelbyville Rental Market FAQs
Explore rental prices, market trends, and availability in Shelbyville, IN.
The average rent in Shelbyville, IN is $813 per month.
Homes in Shelbyville typically rent for between $600 and $1,466 per month, with an average of $813 per month.
In Shelbyville, the average rent for a 1-bedroom home is $727 per month, for a 2-bedroom home, $871 per month, and a 3-bedroom home is $1,128 per month.
The average rent in Shelbyville is 54.4% ($971) lower than the national average of $1,784 per month.
The average rent in Shelbyville has decreased by 28.7% ($328) in the last month and decreased by 30.2% ($352) over the past year.
The rental market in Shelbyville, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Shelbyville, IN, the average rental stays on the market for approximately 29 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 Shelbyville, IN.
Based on the current averages, a household would need an annual income of $34,840 to comfortably afford a 2-bedroom home in Shelbyville.
