Homes & Apartments for Rent in Shelbyville, KY 40065

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What to Know About

Life in Shelbyville & Beyond

Shelbyville shares many of the great qualities that make Kentucky a desirable place to live.

Kentucky, known as the "Bluegrass State" and located in the Appalachian foothills, is famous for its horse racing industry, but there's so much more to explore. Immerse yourself in Kentucky's cultural legacy with visits to the Kentucky Derby Museum and the Muhammad Ali Center, or further your education at universities like the University of Kentucky and the University of Louisville. Growing agriculture, manufacturing, and healthcare industries support Kentucky's economy, providing residents with a wide range of job opportunities.

Kentucky has a rich and diverse landscape, ranging from rolling hills to bustling cities, offering something for everyone. Take in the scenic views of the Appalachians, hit the links for a round of golf, or even attend exciting college sports games at renowned local universities. In addition, immerse yourself in famous attractions like Churchill Downs, the Kentucky Horse Park, Mammoth Cave National Park, the Kentucky Bourbon Trail, and the historic city of Lexington.

Kentucky offers a high quality of life, a strong economy, and a beautiful natural environment, making it a great place to live. The state's friendly and welcoming atmosphere will make you feel at home, and its unique blend of urban and rural living creates a unique sense of balance.

Rental Market Trends

Shelbyville, KY

As of October 2026, Shelbyville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Shelbyville's average rent is 16.5% ($203) lower than the Kentucky average of $1,229 and 43.6% ($793) lower than the U.S. average of $1,819.

Average Rent
$1,026
Monthly ChangeMonth Over Month Change
Decreased3.4% ($36)
Yearly ChangeYear Over Year Change
Decreased27.5% ($389)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $832 Decreased6% ($53) Decreased30.6% ($367)
2 Beds $1,045 No change Decreased26.3% ($372)
3 Beds $1,945 Increased47% ($622) Increased12.8% ($221)
Nearby Cities Average Rent Avg. Rent vs. ShelbyvilleAverage Rent vs. Shelbyville Avg. Days on MarketAverage Days on Market
Crestwood $1,233 Increased20.2% ($207) 34 days
La Grange $1,195 Increased16.5% ($169) 34 days
Frankfort $895 Decreased12.8% ($131) 36 days
Mount Washington $1,154 Increased12.5% ($128) 35 days
Rental market trends are calculated using listing data from RentalSource.
Property Managers

Who Has Rentals in Kentucky

106 property managers have 1,180 rentals available in Kentucky right now, including Keystone Realty & Management (59), SKY Property Management (59) and Wayne Michael Properties (48).

Compare property managers in Kentucky
Frequently Asked Questions
Shelbyville Rental Market FAQs

Explore rental prices, market trends, and availability in Shelbyville, KY.

The average rent in Shelbyville, KY is $1,026 per month.
Homes in Shelbyville typically rent for between $600 and $2,529 per month, with an average of $1,026 per month.
In Shelbyville, the average rent for a 1-bedroom home is $832 per month, for a 2-bedroom home, $1,045 per month, and a 3-bedroom home is $1,945 per month.
The average rent in Shelbyville is 43.6% ($793) lower than the national average of $1,819 per month.
The average rent in Shelbyville has decreased by 3.4% ($36) in the last month and decreased by 27.5% ($389) over the past year.
The rental market in Shelbyville, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Shelbyville, KY, the average rental stays on the market for approximately 34 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 7 rental properties available in Shelbyville, KY.
Based on the current averages, a household would need an annual income of $41,800 to comfortably afford a 2-bedroom home in Shelbyville.
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