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 $127,364, lower than the South Dakota average of $199,518.
The average cost of rent is $749/mo in Shelby, primarily driven by the current value of real estate in the Shelby area. While nearly 85.78% of residents own their homes outright in Shelby, 33.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelby is $4,216 per month. Households that rent pay about 17.76% of their income on rent here. Shelby's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Pukwana, SD: higher priced homes
- Gann Valley, SD: less expensive homes
- Chamberlain, SD: higher priced homes
- Lyonville, SD: higher priced homes
- Oacoma, SD: higher priced homes
- Fort Thompson, SD: less expensive homes
- Spring Valley Colony, SD: less expensive homes
- Reliance, SD: higher priced homes
- Kimball, SD: higher priced homes
- Lower Brule, SD: less expensive homes
Cities with Similar Populations
- Vigo, AL: less expensive homes
- Comfort, NC: less expensive homes
- Concan, TX: higher priced homes
- Concord, NE: less expensive homes
- Concord, TX: equally priced homes
- Corbet, TX: higher priced homes
- Cordova, NE: higher priced homes
- Corinne, OK: less expensive homes
- Corinth, GA: higher priced homes
- Vanduser, MO: less expensive homes
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