Studio Apartment Rent in Shelbyville, IN
Median asking rent for a studio apartment in Shelbyville, Indiana as of August 2026. That's +16% lower than the citywide median of $1,058 and +31% below the national studio median of $1,290.
Income needed for a studio in Shelbyville
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Shelbyville
Compare Shelbyville's median rent across every apartment size.
Cheapest cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Crawfordsville | $598 |
| 2 | Marion | $650 |
| 3 | East Chicago | $670 |
| 4 | Michigan City | $700 |
| 5 | Richmond | $710 |
| 6 | Angola | $730 |
| 7 | New Castle | $730 |
| 8 | Muncie | $735 |
| 9 | Mishawaka | $740 |
| 10 | South Bend | $775 |
| 11 | Kokomo | $780 |
| 12 | Evansville | $792 |
| 13 | Anderson | $793 |
| 14 | Terre Haute | $803 |
| 15 | Lafayette | $810 |
Most expensive cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Zionsville | $1,390 |
| 2 | Whitestown | $1,330 |
| 3 | Carmel | $1,327 |
| 4 | McCordsville | $1,210 |
| 5 | Lawrence | $1,205 |
| 6 | Avon | $1,190 |
| 7 | Westfield | $1,180 |
| 8 | Fishers | $1,170 |
| 9 | Brownsburg | $1,120 |
| 10 | Sellersburg | $1,100 |
| 11 | Granger | $1,070 |
| 12 | Noblesville | $1,050 |
| 13 | Columbus | $1,045 |
| 14 | Munster | $1,040 |
| 15 | Plainfield | $1,030 |
Nearby cities — studio rent
Most nearby cities have similar or higher studio rents than Shelbyville.
| City | Distance | Studio rent | vs Shelbyville |
|---|---|---|---|
| Franklin, IN | 18.9 mi | $920 | +$30 (+3%) |
| Greenfield, IN | 19 mi | $890 | — |
| Columbus, IN | 24.9 mi | $1,045 | +$155 (+17%) |
| Beech Grove, IN | 25.5 mi | $890 | — |
| Greenwood, IN | 26.2 mi | $1,015 | +$125 (+14%) |
| McCordsville, IN | 26.4 mi | $1,210 | +$320 (+36%) |
| Lawrence, IN | 28.7 mi | $1,205 | +$315 (+35%) |
| Fishers, IN | 31.2 mi | $1,170 | +$280 (+31%) |
| Pendleton, IN | 31.5 mi | $890 | — |
| Indianapolis, IN | 31.7 mi | $1,003 | +$113 (+13%) |
| Speedway, IN | 38.1 mi | $890 | — |
| Carmel, IN | 38.6 mi | $1,327 | +$437 (+49%) |
Studio rent in Shelbyville — common questions
How much is a studio apartment in Shelbyville?
As of August 2026, the median studio apartment rent in Shelbyville, Indiana is $890 per month. This is +16% below the citywide median of $1,058.
What income do you need to afford a studio in Shelbyville?
Using the standard 30% rent-to-income rule, you would need an annual income of about $35,600 ($2,967/month gross), which works out to roughly $17.12/hour at a full-time job.
Is Shelbyville expensive for a studio compared to the rest of the US?
Shelbyville's studio median of $890 is +31% below the national studio median of $1,290. It ranks in the 17th percentile of US cities tracked.
How does Shelbyville rank for studio rent in Indiana?
Among the 61 cities in Indiana with studio data, Shelbyville ranks #30 from cheapest to most expensive.
Are there cheaper studio options near Shelbyville?
Most nearby cities have similar or higher studio rents than Shelbyville.