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 $140,506, lower than the Nebraska average of $188,542.
The average cost of rent is $818/mo in Shelby, primarily driven by the current value of real estate in the Shelby area. While nearly 57.63% of residents own their homes outright in Shelby, 15.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelby is $6,138 per month. Households that rent pay about 13.33% of their income on rent here. Shelby's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Rising City, NE: less expensive homes
- Osceola, NE: less expensive homes
- Surprise, NE: higher priced homes
- Stromsburg, NE: less expensive homes
- Gresham, NE: less expensive homes
- Duncan, NE: higher priced homes
- Swedehome, NE: equally priced homes
- Bellwood, NE: equally priced homes
- Garrison, NE: higher priced homes
- Ulysses, NE: higher priced homes
Cities with Similar Populations
- Dublin, IN: less expensive homes
- Walhonding, OH: equally priced homes
- Faucett, MO: higher priced homes
- Fairfield, MT: higher priced homes
- Endeavor, WI: equally priced homes
- West Cape May, NJ: higher priced homes
- Weyerhaeuser, WI: higher priced homes
- Willseyville, NY: higher priced homes
- Dysart, PA: higher priced homes
- Van Horne, IA: higher priced homes
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