Apartments for Rent in Shelbyville, IN

Prices and availability in Shelbyville, IN were last updated on 6 Aug 2026.

The best apartments in Shelbyville, IN are: Martin Estates Apartments, North Harrison Senior Apts, Hendricks Pointe Apts and Blueridge Terrace.

The average rent in Shelbyville, IN is $961.

The price range for a 1-bedroom apartment in Shelbyville, IN is between $538 and $1,299.

The price range for a 2-bedroom apartment in Shelbyville, IN is between $538 and $1,614.

The price range for a 3-bedroom apartment in Shelbyville, IN is between $538 and $1,614.

In Shelbyville 45% of the housing is rented out compared to 55% of homes are owned, according to the most recent Census Bureau estimates. 5% of Shelbyville's apartments are found in large buildings of 50 units or more, 56% are located in smaller apartment complexes with less than 50 units, and 32% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Shelbyville are about 31 years old, on average. Of these, 38% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Shelbyville come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 29% of the total apartments in the city, while 2-bedroom floorplans represent around 57% of all rentals in Shelbyville. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.