States › Tennessee › Shelbyville

Is Shelbyville, TN expensive to live in?

OKRent takes 29 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,42419% lower than U.S. average
💵 Families earn per year (2026)$59,396about $4,950/month · 32% lower than U.S. average
🔑 House price$244,00027% lower than U.S. average

Rent is lower than in 62% of U.S. cities. A typical house costs about 4.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $56,960 a year. That is $27 an hour at a full-time job.

Is rent cheaper than other Tennessee cities?

No. Rent here is more expensive than in most of Tennessee. It is number 68 of 114 cities from cheapest to most expensive.

Shelbyville
$1,424
Farragut
$2,242
East Ridge
$1,214
Bristol
$1,027
Tullahoma
$1,279
Morristown
$1,262
Springfield
$1,676

How much do households earn in Shelbyville?

Under $25k
19.2%
$25k–50k
29.4%
$50k–100k
37.7%
$100k–150k
5.0%
$150k+
4.4%

Share of households by yearly income. 9.4% of households earn $100,000 or more.

Rent by apartment size in Shelbyville

SizeShelbyvilleU.S. average
1 bedroom$855$1,324
2 bedrooms$1,025$1,509
3 bedrooms$1,246$1,698
4 bedrooms$1,481$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Shelbyville overall?

Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).

Housing
79
Goods (food, clothes…)
96
Utilities
72
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Shelbyville, so the Tennessee figure is shown.

Taxes and bills in Shelbyville

🏛️ Property tax$1,371a year · 0.56% of home value · U.S. $3,119
⚡ Electric bill$188a month (typical) · U.S. $156

Life in Shelbyville

Commute to work27.2 minU.S.: 26.4 min
College degree13.1%U.S.: 35.7%
Own their home50.7%U.S.: 65.2%
Below poverty line20.7%U.S.: 12.5%
Unemployment3.8%U.S.: 5.2%

Is it cheaper to rent or buy in Shelbyville?

Renting is cheaper right now: about $269 a month less.

Renting
$1,424
Owning
$1,693

Owning assumes a typical $244,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,400 for the down payment.

Frequently asked questions

What is the average rent in Shelbyville, TN?

Renting in Shelbyville costs a median of about $1,424 a month in 2026, including utilities. The Tennessee median is $1,279.

How much do I need to make to live in Shelbyville?

To keep rent under 30% of income, you need about $56,960 a year, or $27 an hour at a full-time job.

Is Shelbyville cheap or expensive?

Shelbyville is rated OK: rent takes 28.8% of the typical household income of $59,396. It ranks 68th cheapest of 114 Tennessee cities we track.

How much are property taxes in Shelbyville?

The median homeowner in Shelbyville pays $1,371 a year in property taxes, about 0.56% of the median home value.

Is Shelbyville more expensive than the national average?

Overall prices in Tennessee are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Shelbyville?

The median home value in Shelbyville is $244,000, about 4.1 times the typical yearly household income.

24,661 people live in Shelbyville. Numbers are typical (middle) values.