Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shelby City area can be challenging. Home prices in Shelby City are now at a median cost of $139,228, lower than the Kentucky average of $164,895.
The average cost of rent is $744/mo in Shelby City, primarily driven by the current value of real estate in the Shelby City area. While nearly 43.17% of residents own their homes outright in Shelby City, 23.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelby City is $5,084 per month. Households that rent pay about 14.64% of their income on rent here. Shelby City's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Junction City, KY: less expensive homes
- Danville, KY: higher priced homes
- Stanford, KY: less expensive homes
- Clifton, KY: higher priced homes
- Little Needmore, KY: higher priced homes
- Milledgeville, KY: less expensive homes
- Turnersville, KY: less expensive homes
- Logantown, KY: less expensive homes
- Rowland, KY: equally priced homes
- Chicken Bristle, KY: equally priced homes
Cities with Similar Populations
- Amherst, TX: less expensive homes
- Ancram, NY: higher priced homes
- Aneth, UT: less expensive homes
- Arpelar, OK: equally priced homes
- Atlantic, VA: higher priced homes
- Avera, GA: less expensive homes
- Bardwell, TX: less expensive homes
- Bay Head, NJ: higher priced homes
- Bellwood, NE: equally priced homes
- Belmont, WV: less expensive homes
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