Rent in Shelbyville, IN
A 2-bedroom in Shelbyville, IN (ZIP 46176) typically rents for about $1,120 a month, with a range of $959–$1,280. Owner-occupied homes in Shelby County pay about 0.66% 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 | $990 | $990–$1,187 | 1 |
| 1 bed | $930 | $750–$1,110 | 1 |
| 2 beds | $1,120 | $959–$1,280 | 1 |
| 3 beds | $1,425 | $1,189–$1,660 | 1 |
| 4 beds | $1,625 | $1,230–$2,020 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), 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, IN?
- About $1,120 a month: the median of the typical rents in 1 ZIP code, which range from $959–$1,280. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Shelbyville, IN?
- About $930 a month: the median of the typical rents in 1 ZIP code, which range from $750–$1,110. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Shelbyville, IN?
- About $1,425 a month: the median of the typical rents in 1 ZIP code, which range from $1,189–$1,660. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Shelbyville, IN?
- About $990 a month: the median of the typical rents in 1 ZIP code, which range from $990–$1,187. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Shelbyville, IN?
- About $1,625 a month: the median of the typical rents in 1 ZIP code, which range from $1,230–$2,020. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Shelbyville, IN?
- Owner-occupied homes in Shelby County pay a typical 0.66% 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?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).