Shelbyville, KY Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Shelbyville is $1,149, a 5.28% increase compared to the previous year, when the average rent was $1,091.
One-bedroom apartments provide 716 square feet for $957, balancing privacy and affordability.
Two-beedroom units at $1,180 offer 1,034 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,349 sq ft) for $1,367, suitable for larger households.
Average rent in Shelbyville, KY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,149 | 996 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $957 | 716 sq. ft. |
| 2 Beds | $1,180 | 1,034 sq. ft. |
| 3 Beds | $1,367 | 1,349 sq. ft. |
Shelbyville, KY rent trends
Rental prices in Shelbyville, KY have increased by 5.28% over the past year. The average rent moved from $1,091 to $1,149.
What's the typical rent budget in Shelbyville, KY?
The largest share of rentals in Shelbyville, KY (90%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Shelbyville, KY?
2,719 or 43% of the households in Shelbyville, KY are renter-occupied while 3,622 or 57% are owner-occupied.
How Shelbyville Compares to Other Cities
| City | Average Rent |
|---|---|
| Shelbyville | $1,149 |
| Louisville | $1,317 |
| Lexington | $1,347 |
| Florence | $1,402 |
| Covington | $1,566 |
| Richmond | $967 |
| Newport | $1,493 |
| Ft Mitchell | $1,191 |
| Erlanger | $1,372 |
| Oak Grove | $891 |
| Burlington | $1,469 |
| Jeffersonville, IN | $1,231 |
| Lyndon, KY | $1,343 |
| Jeffersontown, KY | $1,362 |
| St. Matthews, KY | $1,340 |
| Frankfort | $1,060 |
| Middletown, KY | $1,571 |
| Crestwood, KY | $1,379 |
| La Grange, KY | $1,336 |
| Lawrenceburg, KY | $824 |
| Prospect, KY | $2,071 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Shelbyville apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.