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Rent in Shelbyville, TN

Across Shelbyville's 2 ZIP codes, a 2-bedroom typically rents for about $1,094 a month, with figures from $960–$1,190. The highest typical rent is in 37161 ($1,112) and the lowest in 37160 ($1,075). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Bedford County pay about 0.48% 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, TN by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$945$850–$1,0402
1 bed$983$828–$1,0602
2 beds$1,094$960–$1,1902
3 beds$1,447$1,158–$1,5502
4 beds$1,741$1,373–$1,8702

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, TN?
About $1,094 a month: the median of the typical rents in 2 ZIP codes, which range from $960–$1,190. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Shelbyville, TN?
About $983 a month: the median of the typical rents in 2 ZIP codes, which range from $828–$1,060. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Shelbyville, TN?
About $1,447 a month: the median of the typical rents in 2 ZIP codes, which range from $1,158–$1,550. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Shelbyville, TN?
About $945 a month: the median of the typical rents in 2 ZIP codes, which range from $850–$1,040. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Shelbyville, TN?
About $1,741 a month: the median of the typical rents in 2 ZIP codes, which range from $1,373–$1,870. Figures are gross rent (rent plus tenant-paid utilities).
Which Shelbyville ZIP code has the highest rent?
For a 2-bedroom, 37161 has the highest typical rent at $1,112 a month, and 37160 the lowest at $1,075.
What is the property tax rate in Shelbyville, TN?
Owner-occupied homes in Bedford County pay a typical 0.48% 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).