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These days, finding an affordable place to live in the Shelburn area can be challenging. Home prices in Shelburn are now at a median cost of $99,411, lower than the Indiana average of $232,932.
The average cost of rent is $894/mo in Shelburn, primarily driven by the current value of real estate in the Shelburn area. In Shelburn, 31.36% of households rent, and 43.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shelburn is $4,453 per month. Households that rent pay about 20.09% of their income on rent here. Shelburn’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jackson Hill, IN: higher priced homes
- Wilfred, IN: less expensive homes
- Farmersburg, IN: higher priced homes
- Hymera, IN: equally priced homes
- Scott City, IN: higher priced homes
- Sullivan, IN: higher priced homes
- Graysville, IN: higher priced homes
- Prairie Creek, IN: higher priced homes
- Fairbanks, IN: higher priced homes
- Gilmour, IN: higher priced homes
Cities with Similar Populations
- Pocono Summit, PA: higher priced homes
- Kyle, SD: less expensive homes
- Lamoni, IA: higher priced homes
- Laurelville, OH: higher priced homes
- Leming, TX: higher priced homes
- Linesville, PA: higher priced homes
- Arlee, MT: higher priced homes
- Lynne, FL: less expensive homes
- Maple Park, IL: higher priced homes
- Maplesville, AL: higher priced homes
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