RentDataNowRentDataNow
ZIP Code · IN

ZIP 46176

Pop. 28,782·Shelby County·109th most expensive ZIP in Indiana
Median rent (all units)
$1,110/mo
Year-over-Year
+2.6%
Month-over-Month
-12.7%
vs US Median
-$855
Falling (Monthly)
Be the first to discuss 46176 rents ↓
Most AffordableMost Expensive
ZIP 46176 · $1,110
More affordable than 95% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$1,070
2 BR
$1,240
3 BR
$1,610
4 BR+
$1,970
Research median
$1,240/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$13,320/yr
At $1,110/mo median
Location
StateIN
CountyShelby County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+2.6% YoY, -12.7% MoM), not inventory.
Demographics

Who lives here

ZIP 46176 (Shelbyville, IN) is majority owner-occupied, has a median income below the national average, 21.3% of residents hold a bachelor's degree or higher.

Population
28,782
Median income
$65,182
Median age
39.8
Renters
35.6%
Age distribution
22.6%
20.8%
24.2%
13.9%
18.4%
Under 1822.6%
18–3420.8%
35–5424.2%
55–6413.9%
65+18.4%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
89%
White89%
Black1.8%
Hispanic7.6%
Asian1.3%
Education (25+)
40.9%
27.9%
21.3%
No HS diploma9.9%
HS diploma40.9%
Some college27.9%
Bachelor's+21.3%
Housing tenure
64.4%
35.6%
Owner64.4%
Renter35.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 46176 in Shelbyville, IN has changed in 5 years

Income
$60,379 → $65,182
up 8.0%
Population
28,455 → 28,782
up 1.1%
Renter share
33.8% → 35.6%
+1.8 pts
Bachelor's+
17.9% → 21.3%
+3.4 pts
Median age
38.6 → 39.8
+1.2 yrs

On the earnings side, the typical household in ZIP 46176 in Shelbyville, IN now reports about $65,182, up from $60,379 in 2021. Headcount in the area went from 28,455 to 28,782 between 2021 and 2024, a 1.1% change. About 35.6% of households rent today, against 33.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 17.9% to 21.3%.

Community

Discussions about ZIP 46176

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 46176

About renting in ZIP 46176

Last updated: July 20, 2026

ZIP code 46176 covers Shelbyville, IN. The median rent here is $1,110/mo as of July 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,240/mo.

At 20% of local median household income ($65,182/yr), ZIP 46176 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46176?

As of July 20, 2026, the median monthly rent in ZIP 46176 (Shelbyville, IN) is $1,110. This is based on aggregated data from public sources and community submissions.

How does ZIP 46176 rent compare to the US average?

ZIP 46176's median rent of $1,110/mo is $855 (44%) below the US national median of $1,965/mo.

How does ZIP 46176 compare to other ZIPs in Indiana?

ZIP 46176 is among the more affordable ZIP codes in Indiana, ranking #109 out of 144 ZIPs at $1,110/mo.

How much income do you need to rent in ZIP 46176?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (~$21/hour full-time) to afford the median rent of $1,110/mo in ZIP 46176. The local median household income is $65,182/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46176?

Rent in ZIP 46176 has increased 2.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46176 an affordable place to rent?

ZIP 46176 is considered very affordable for renters. At $1,110/mo, rent takes approximately 20% of the local median household income ($65,182/yr). The standard benchmark is 30%. ZIP 46176 falls comfortably within that range.

What percentage of ZIP 46176 residents rent vs. own?

According to Census data, approximately 35.6% of ZIP 46176 households are renters, while 64.4% are owner-occupied. ZIP 46176 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46176 compare to the rest of Shelbyville?

ZIP 46176 sits right at the Shelbyville citywide median of $1,110/mo.

When was rent data for ZIP 46176 last updated?

Rent data for ZIP 46176 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,110/mo, rent takes ~20% of ZIP 46176's median household income ($65,182/yr). The standard benchmark is 30%.

ZIP 46176 20%Benchmark 30%
State income tax3.05%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 46176 (Shelbyville, IN)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.