YieldBadger

Rent in Shelbyville, KY

Across Shelbyville's 2 ZIP codes, a 2-bedroom typically rents for about $1,129 a month, with figures from $1,056–$1,160. The highest typical rent is in 40066 ($1,149) and the lowest in 40065 ($1,108). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Shelby County pay about 0.77% 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

Typical monthly rent in Shelbyville, KY by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$877$873–$8802
1 bed$950$791–$1,0102
2 beds$1,129$1,056–$1,1602
3 beds$1,308$1,113–$1,3802
4 beds$1,749$1,692–$1,8992

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 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Shelbyville, KY?
About $1,129 a month: the median of the typical rents in 2 ZIP codes, which range from $1,056–$1,160. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Shelbyville, KY?
About $950 a month: the median of the typical rents in 2 ZIP codes, which range from $791–$1,010. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Shelbyville, KY?
About $1,308 a month: the median of the typical rents in 2 ZIP codes, which range from $1,113–$1,380. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Shelbyville, KY?
About $877 a month: the median of the typical rents in 2 ZIP codes, which range from $873–$880. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Shelbyville, KY?
About $1,749 a month: the median of the typical rents in 2 ZIP codes, which range from $1,692–$1,899. Figures are gross rent (rent plus tenant-paid utilities).
Which Shelbyville ZIP code has the highest rent?
For a 2-bedroom, 40066 has the highest typical rent at $1,149 a month, and 40065 the lowest at $1,108.
What is the property tax rate in Shelbyville, KY?
Owner-occupied homes in Shelby County pay a typical 0.77% 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).