Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Shelby area can be challenging. Home prices in Shelby are now at a median cost of $226,412, lower than the Alabama average of $228,911.
The average cost of rent is $784/mo in Shelby, primarily driven by the current value of real estate in the Shelby area. In Shelby, 17.68% of households rent, and 53.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shelby is $6,586 per month. Households that rent pay about 11.90% of their income on rent here. Shelby’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Talladega Springs, AL: higher priced homes
- South Calera, AL: higher priced homes
- Unity, AL: less expensive homes
- Calera, AL: equally priced homes
- Collins Chapel, AL: less expensive homes
- Weogufka, AL: less expensive homes
- Dargin, AL: higher priced homes
- Jemison, AL: less expensive homes
- Minooka, AL: less expensive homes
- Oak Grove, AL: less expensive homes
Cities with Similar Populations
- Greensboro, AL: less expensive homes
- Guilford, IN: higher priced homes
- Groton, NY: less expensive homes
- Gregory, MI: higher priced homes
- Greenwood Lake, NY: higher priced homes
- Greenwood, LA: equally priced homes
- Greenwich, OH: less expensive homes
- Greenville, IN: higher priced homes
- Greentown, IN: less expensive homes
- Greensburg, LA: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood