Simpsonville, Shelby County, KY

Median Home Price Price

$403,305 $403.3K

Median Monthly Rent Rent

$799 $799

42.0x

Market Snapshot

Simpsonville, Shelby County, KY is a city market with a median home price of $403,305, a median monthly rent of $799, a GRM of 42.0x, and a price-to-rent ratio of 42.1.

More markets to explore

01 Shelbyville, Shelby County, KY
Top recommendation Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $299K
Rent $1.2K
GRM 20.0x
Explore the data
Region Show
Shelbyville
$299K $1.2K 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Hickory, Graves County, KY Explore deeper
$193K $1.1K 14.0x
Glens Fork, Adair County, KY
$201K $813 21.0x
Wingo, Graves County, KY
$151K $828 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Howe, Le Flore County, OK
$194K $859 19.0x
Red Rock, Bastrop County, TX
$469K $1.8K 21.0x
Ainsworth, Brown County, NE
$146K $1.0K 12.0x

Home prices

Monthly rent

GRM = home price / annual rent

Simpsonville

Map loads when visible.

Benchmark comparison

Rent in Simpsonville, KY is 34.9% lower than Shelbyville, KY.

Compare to Shelbyville, KY
Simpsonville, KY
Shelbyville, KY
Delta
Median rent
$799
$1,227
+$428
Median price
$403,305
$299,019
-$104,286
YoY change
+$42
+$67
+$25
Price-to-rent
42.1x
20.3x
-21.8x

Key takeaways

  • Simpsonville, Shelby County, KY has a higher-grm screening profile: At 42.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $42 year over year.
  • Rent in Simpsonville, KY is 34.9% lower than Shelbyville, KY.