Rent by ZIP · Shelby County
Rent in Shelbyville, IN 46176
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,280 (+3.2% vs FY2026). Renters in this ZIP code pay a median $985 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $990 | $940 | +5.3% | $891–1,089 | $541 ±$472 |
| 1 bedroom | $1,110 | $1,070 | +3.7% | $999–1,221 | $750 ±$67 |
| 2 bedrooms | $1,280 | $1,240 | +3.2% | $1,152–1,408 | $959 ±$44 |
| 3 bedrooms | $1,660 | $1,610 | +3.1% | $1,494–1,826 | $1,189 ±$80 |
| 4 bedrooms | $2,020 | $1,970 | +2.5% | $1,818–2,222 | $1,230 ±$316 |
Small Area FMRs for the Indianapolis-Carmel, IN HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Indianapolis-Carmel, IN HUD Metro FMR Area, 2 bedrooms: $1,536.
What renters pay in 46176
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 46175 | Russellville | $1,080 | – |
| 46173 | Rushville | $1,040 | $945 |
| 46172 | Roachdale | $1,160 | – |
| 46180 | Stilesville | $1,270 | – |
| 46171 | Reelsville | $1,090 | – |
| 46181 | Trafalgar | $1,410 | $927 |
Fair Market Rents across Shelby County, IN · All IN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.