Shelbyville renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Shelbyville is about $1,108 per month. This puts it in the 92nd percentile compared to the state average cost of rent, which is $971. Households in Shelbyville have a median income of $5,224 per month so the average renter in Shelbyville is spending roughly 21% of their earnings on housing.
Nationally, and in Shelbyville, home values are the data point most closely correlated with the cost of rent. The median price of a home in Shelbyville is $241,032 right now, which is lower than cities nearby, meaning that rents in Shelbyville also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Shelbyville while lower rent rates are often available in western areas.
Nearby Cities
- Montclair, KY: less expensive rent prices
- Middletown Heights, KY: less expensive rent prices
- Joyes, KY: less expensive rent prices
- Olive Branch, KY: more expensive rent prices
- Woodlawn, KY: less expensive rent prices
- Clay Village, KY: more expensive rent prices
- Mulberry, KY: less expensive rent prices
- Jericho, KY: more expensive rent prices
- Veechdale, KY: less expensive rent prices
- Finchville, KY: more expensive rent prices
Cities with Similar Populations
- Saugus, MA: more expensive rent prices
- Eagle River, AK: more expensive rent prices
- Hixson, TN: more expensive rent prices
- Newberg, OR: more expensive rent prices
- Mason City, IA: less expensive rent prices
- Clearfield, UT: more expensive rent prices
- Corbin, KY: less expensive rent prices
- Stillwater, MN: more expensive rent prices
- Enfield, CT: more expensive rent prices
- Plainview, NY: more expensive rent prices
All Local Stats
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