Single-Family Homes for Rent in Shelbyville, IN

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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 May 2025, Shelbyville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Shelbyville's average rent is 12.1% ($157) lower than the Indiana average of $1,298 and 36.4% ($652) lower than the U.S. average of $1,793.

Average Rent
$1,141
Monthly ChangeMonth Over Month Change
Decreased6.2% ($75)
Yearly ChangeYear Over Year Change
Decreased8.6% ($108)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $770 Decreased4.8% ($39) Decreased22.4% ($222)
2 Beds $940 Decreased9.3% ($96) Decreased17.5% ($200)
3 Beds $1,658 Decreased0.6% ($10) Increased11.1% ($166)
Nearby Cities Average Rent Avg. Rent vs. ShelbyvilleAverage Rent vs. Shelbyville Avg. Days on MarketAverage Days on Market
Franklin $1,578 Increased38.3% ($437) 29 days
Whiteland $1,826 Increased60% ($685) 27 days
Greenwood $1,760 Increased54.3% ($619) 28 days
Rushville $1,120 Decreased1.8% ($21) 35 days
Beech Grove $1,055 Decreased7.5% ($86) 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 $1,141 per month.
Houses in Shelbyville typically rent for between $600 and $2,155 per month, with an average of $1,141 per month.
In Shelbyville, the average rent for a 1-bedroom house is $770 per month, for a 2-bedroom house, $940 per month, and a 3-bedroom house is $1,658 per month.
The average rent in Shelbyville is 36.4% ($652) lower than the national average of $1,793 per month.
The average rent in Shelbyville has decreased by 6.2% ($75) in the last month and decreased by 8.6% ($108) 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 $37,600 to comfortably afford a 2-bedroom house in Shelbyville.
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