Home Price Key
Affordable
Average
Expensive
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 $173,920, lower than the Montana average of $298,413.
The average cost of rent is $668/mo in Shelby, primarily driven by the current value of real estate in the Shelby area. While nearly 43.92% of residents own their homes outright in Shelby, 40.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelby is $4,119 per month. Households that rent pay about 16.21% of their income on rent here. Shelby's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Ethridge, MT: less expensive homes
- Dunkirk, MT: less expensive homes
- Oilmont, MT: less expensive homes
- Kevin, MT: less expensive homes
- Conrad, MT: equally priced homes
- Little Browning, MT: higher priced homes
- Valier, MT: less expensive homes
- Cut Bank, MT: less expensive homes
- Galata, MT: less expensive homes
- Santa Rita, MT: higher priced homes
Cities with Similar Populations
- Choudrant, LA: equally priced homes
- Fife Lake, MI: less expensive homes
- Knoxville, MD: higher priced homes
- Christmas, FL: higher priced homes
- Battle Ground, IN: higher priced homes
- Carthage, IL: less expensive homes
- California, KY: higher priced homes
- Blooming Prairie, MN: equally priced homes
- Black Creek, WI: equally priced homes
- Bellwood, PA: less expensive homes
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