Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Shelbyville, TN

As of May 2026, Shelbyville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Shelbyville's average rent is 25.2% ($349) higher than the Tennessee average of $1,385 and 3.1% ($55) lower than the U.S. average of $1,789.

Average Rent

$1,734

Monthly ChangeMonth Over Month Change

22.4% ($317)

Yearly ChangeYear Over Year Change

21.9% ($487)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,116	13.9% ($136)	30.5% ($489)
2 Beds	$1,315	14.3% ($165)	33.5% ($663)
3 Beds	$1,886	16.5% ($267)	32.9% ($926)

Nearby Cities	Average Rent	Avg. Rent vs. ShelbyvilleAverage Rent vs. Shelbyville	Avg. Days on MarketAverage Days on Market
Lewisburg	$979	43.5% ($755)	36 days
Tullahoma	$1,189	31.4% ($545)	34 days
Winchester	$1,555	10.3% ($179)	38 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, TN.

What is the average rent in Shelbyville, TN?

The average rent in Shelbyville, TN is $1,734 per month.

What is the rental price range for apartments in Shelbyville, TN?

Apartments in Shelbyville typically rent for between $781 and $2,452 per month, with an average of $1,734 per month.

What is the average rent for different bedroom sizes in Shelbyville, TN?

In Shelbyville, the average rent for a 1-bedroom apartment is $1,116 per month, for a 2-bedroom apartment, $1,315 per month, and a 3-bedroom apartment is $1,886 per month.

How do rent prices in Shelbyville, TN compare with the national average?

The average rent in Shelbyville is 3.1% ($55) lower than the national average of $1,789 per month.

How have rent prices in Shelbyville, TN changed recently?

The average rent in Shelbyville has increased by 22.4% ($317) in the last month and decreased by 21.9% ($487) over the past year.

How competitive is the rental market in Shelbyville, TN?

The rental market in Shelbyville, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Shelbyville, TN?

In Shelbyville, TN, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Shelbyville, TN?

There are currently 4 rental properties available in Shelbyville, TN.

Can I afford to rent an apartment in Shelbyville, TN?

Based on the current averages, a household would need an annual income of $52,600 to comfortably afford a 2-bedroom apartment in Shelbyville.