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Why Live in Shelbyville

Shelbyville, Tennessee, a historic rural town known as the Walking Horse Capital of the World, is home to 25,000 residents and located about 60 miles south of Nashville. The town is known for its natural beauty, with scenic back roads, horse farms, pastures, and waterfalls. The Duck River, one of the most biologically diverse rivers globally, runs through Shelbyville, providing opportunities for fishing, floating, and boating. The town features eight city parks and the Shelbyville Recreation Center, which offers 84 acres of playgrounds and sports fields. Housing options include New Traditional and ranch-style homes, with downtown properties generally being more affordable than those on the outskirts. Major industries in Shelbyville include agriculture and manufacturing, with Tyson Foods, Musgrave Pencil Company, Rubbermaid, and Marelli as significant employers. The town also hosts the Annual Tennessee Walking Horse National Celebration every August, a 10-day equestrian event that draws visitors worldwide. Shelbyville is an unofficial stop on the Tennessee Whiskey Trail, thanks to the local Uncle Nearest whiskey brand. The Bedford County School District includes the highly rated Thomas Magnet School. While Shelbyville does not have fixed-route public transportation, Bedford County provides services for seniors and those with disabilities. The Shelbyville Municipal Airport is 4 miles away, with Nashville International Airport located 57 miles north. The town experiences hot summers, pleasant springs, beautiful falls, and cold winters, with a higher risk of tornado damage compared to state and national averages. Crime rates in Shelbyville are lower than the Tennessee average, with a recent decline in property crime rates.

Frequently Asked Questions

How much does it cost to rent a home in Shelbyville, TN?
The median rent for a home in Shelbyville, TN is $1,650 per month, though prices vary by neighborhood, size, and property type. As of May 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 $66,000 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 $1,650 per month in Shelbyville, TN, renters typically need to show $4,950 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 15.9, 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 in Shelbyville, TN

Rental Home Trends

Median Rent
$1,650
Median Single Family Home Rent
$1,675
Median Townhouse Rent
$1,760
Median Condo Rent
$1,313
How to Rent a Home