Shelbyville

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Shelbyville, IN Area Guide

Avg Rent

$824

Population

21,429

Renter Mix

43% Rent

Vibrant history and rural charm color this Indianapolis suburb

Suburb Commuter Interstate Schools Casino Affordable

Shelbyville is a cozy suburban community located about thirty miles southeast of Indianapolis on Interstate 74. This richly historic city is full of beautifully preserved homes and buildings throughout, many of which date back well over a century. The cozy neighborhoods and vintage Downtown district provide residents with a timeless home environment, surrounded by farmlands and within reach of Indiana’s biggest city. Shelbyville is also home to the Indiana Grand Racing & Casino, one of the region’s most popular gaming and entertainment destinations.

Demographics

Median Household Income

$58,795

Average: $68,998

Education

3,826

Residents Have a Degree

Job Market

10,947

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

39 Years

Largest Age Group

30-39 Years

Approximately 13% of Residents

Under 20

26%

Over 65

18%

Housing Distribution

Shelbyville has more homeowners than renters.

Renters
43%
Non-Renters
57%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
12%
Other Education
88%

Rent Trends

As of May 2026, the average apartment rent in Shelbyville, IN is $824 for one bedroom, $1,027 for two bedrooms, and $1,335 for three bedrooms. Apartment rent in Shelbyville has increased by 6.4% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$824/month
667 Sq Ft
House
$1,663/month
1,491 Sq Ft
Condo
$620/month
2,009 Sq Ft
See Rental Market Trends in Shelbyville, IN

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

20 / 100

Schools

Southwestern Elementary School

Public

Grades PK-5

339 Students

Coulston Elementary School

Public

Grades K-5

469 Students

Thomas A Hendricks Elementary School

Public

Grades K-5

533 Students

William F Loper Elementary School

Public

Grades K-5

672 Students

Especially Kidz Health & Rehab Cnt

Public

Grades PK-12

47 Students

Shelbyville Middle School

Public

Grades 6-8

882 Students

Southwestern High School

Public

Grades 6-12

295 Students

Especially Kidz Health & Rehab Cnt

Public

Grades PK-12

47 Students

Shelbyville Sr High School

Public

Grades 9-12

1,101 Students

Southwestern High School

Public

Grades 6-12

295 Students

Excel Center - Shelbyville

Public

Grades 9-12

141 Students

Especially Kidz Health & Rehab Cnt

Public

Grades PK-12

47 Students

Points of Interest

Top Apartments in Shelbyville

Houses for Rent in Shelbyville

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.