Rent in Shelbyville, IL
A 2-bedroom in Shelbyville, IL (ZIP 62565) typically rents for about $840 a month, with a range of $840–$946. Owner-occupied homes in Shelby County pay about 1.50% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $659 | $659 | 1 |
| 1 bed | $540 | $540–$766 | 1 |
| 2 beds | $840 | $840–$946 | 1 |
| 3 beds | $910 | $910–$1,127 | 1 |
| 4 beds | $1,400 | $1,400 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Shelbyville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Shelbyville, IL?
- About $840 a month: the median of the typical rents in 1 ZIP code, which range from $840–$946. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Shelbyville, IL?
- About $540 a month: the median of the typical rents in 1 ZIP code, which range from $540–$766. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Shelbyville, IL?
- About $910 a month: the median of the typical rents in 1 ZIP code, which range from $910–$1,127. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Shelbyville, IL?
- About $659 a month: the median of the typical rents in 1 ZIP code, which range from $659. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Shelbyville, IL?
- About $1,400 a month: the median of the typical rents in 1 ZIP code, which range from $1,400. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Shelbyville, IL?
- Owner-occupied homes in Shelby County pay a typical 1.50% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Shelbyville rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).