2

Shelbyville, TN Condos for Rent

Section Image
  • /20

    $1,210

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 710 Sq Ft
    • Condo for Rent

    318 N Thompson St Unit 318, Shelbyville, TN 37160

    Clean, move-in ready 2-bedroom apartment with in-unit washer & dryer!Welcome to Unit 318 at Thompson Street Apartments, a well-maintained 2-bedroom, 1-bath apartment offering 710 square feet of comfortable living space in Shelbyville.This apartment features a bright living room, two comfortable bedrooms, and a functional kitchen with ample cabinet space. The kitchen includes a

    318 N Thompson St Unit 318, Shelbyville, TN 37160
  • /10

    $850 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    419 Belmont Ave Unit 1, Shelbyville, TN 37160

    1 Bed 1 Bath Apartment. Hardwood floors, Window AC, Baseboard Heat. Water included with Rent. $950/month; Deposit Same $950. Located close to downtown Shelbyville at 419 Belmont Ave. Unit #1. Unit #1 is on right-hand side of building. Small pet allowed. $50 application per adult on lease. Please see our website to apply online at: ; From 231 South continue onto Main Street Left on E Lane

    419 Belmont Ave Unit 1, Shelbyville, TN 37160

Frequently Asked Questions

How much does it cost to rent a condo in Shelbyville, TN?
The median rent for a condo in Shelbyville, TN is $1,150 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Shelbyville, TN?
To comfortably afford the median rent in Shelbyville, TN, a household needs to earn roughly $62,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,550 per month in Shelbyville, TN, renters typically need to show $4,650 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Shelbyville, TN?
In Shelbyville, TN, the price-to-rent ratio is 16.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,150
Median 1 Bedroom Condo Rent
$850
Median 2 Bedroom Condo Rent
$1,180
How to Rent a Home