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Shelbyville, TN

Area Guide

Avg Rent

$806

Population

25,553

Renter Mix

45% Rent

This Tennessee city has many nicknames and plenty of charm

Affordable Charming Close-Knit

Shelbyville, also known as “The Walking Horse Capital of the World” and “The Pencil City,” has produced well-known congressmen and Academy-Award-nominated actresses, but the city’s real calling card is its small town allure. There are homes of styles radiating out from the city center, and loft apartments on offer in the downtown area.

The town exudes a friendly, welcoming atmosphere, and has a plethora of thriving small businesses. You won’t be wanting for nightlife options either, as there’s a popular bowling alley, movie theater, and locally owned bars to enjoy.

The city has plenty of parks to enjoy, from HV Griffin Park and Never Rest Park, to the Duck River Dam that’s been seen in movies. Shelbyville’s annual horse show excites residents and brings in visitors from all over Tennessee, but U.S. 231 and U.S. 41A are rarely overcrowded.

Demographics

Median Household Income

$48,322

Average: $62,485

Education

3,622

Residents Have a Degree

Job Market

12,161

Workers Employed

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

Median Age

35 Years

Largest Age Group

10-19 Years

Approximately 15% of Residents

Under 20

29%

Over 65

15%

Housing Distribution

Shelbyville has more homeowners than renters.

Renters
45%
Non-Renters
55%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
10%
Other Education
90%

Rent Trends

As of June 2026, the average apartment rent in Shelbyville, TN is $870 for a studio, $806 for one bedroom, $1,100 for two bedrooms, and $1,203 for three bedrooms. Apartment rent in Shelbyville has increased by 0.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$806/month
537 Sq Ft
See Rental Market Trends in Shelbyville, TN

Getting Around

Fairly Walkable

Walkability

40 / 100

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

20 / 100

Schools

Thomas Magnet

Public

Grades PK-8

449 Students

Liberty Elementary

Public

Grades PK-8

630 Students

Eakin Elementary School

Public

Grades PK-5

692 Students

Eakin Elementary

Public

Grades PK-5

692 Students

Learning Way Elementary

Public

Grades PK-5

675 Students

Thomas Magnet

Public

Grades PK-8

449 Students

Liberty Elementary

Public

Grades PK-8

630 Students

Harris Middle School

Public

Grades 6-8

963 Students

Central High School

Public

Grades 9-12

1,553 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 June 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.