Cimarron Place
1713 Cimarron Place Dr,
Shelbyville, IN 46176
1-3 Beds | $910 - $1,465
Rental Market Trends in Shelbyville, IN
What is the average rent in Shelbyville, IN?
$829/month
Average Rent
667 Sq Ft
Average Apartment Size
+7%
Increase in the Last Year
Shelbyville, IN Rental Market Overview
The average rent in Shelbyville, IN is $829 per month. This is 50% lower than the national average rent of $1,645/month, making renting in Shelbyville more affordable than most cities in the US.
- Studio apartments in Shelbyville average per month.
- One-bedroom apartments in Shelbyville average $829 per month.
- Two-bedroom apartments in Shelbyville average $1,061 per month.
- Three-bedroom apartments in Shelbyville average $1,339 or more per month.
Data Updated: June 1, 2026
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Shelbyville, IN?
In the past year, rent has increased by 7%, which averages out to $59 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in Shelbyville, IN
Last Updated June 2026
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
55%
Below $700/month
0%
$700 - $1,000/month
45%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Shelbyville?
Based on current rent prices, Downtown Shelbyville is the most affordable neighborhood in Shelbyville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Shelbyville?
Based on current rent prices, Downtown Shelbyville is the most expensive neighborhood in Shelbyville.
Neighborhood
Average Rent
Average Sq Ft
Which Shelbyville neighborhoods have the most rentals available?
The neighborhood in Shelbyville with the most apartments available is Downtown Shelbyville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Shelbyville, IN?
Because the average rent in Shelbyville is $829, you’ll want to make about $2,763 per month or $33,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Shelbyville, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Shelbyville, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$999/month
$999/month
Two Bedroom
$996/month
$996/month
Three Bedroom
-
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Shelbyville?
The average rent in Shelbyville is $829 per month, which is 49.6% lower than the national average of $1,645.
What is the average rent for a condo in Shelbyville?
The average rent for a condo in Shelbyville, IN is $660 per month.
Are rents going up or down in Shelbyville?
Rents in Shelbyville, IN are increasing, with prices up 7.0% year-over-year and $59 more per month.
What rent range is most common in Shelbyville?
In Shelbyville, IN, 55% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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.
* Percentages may not total 100 due to rounding.