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 $358,056, higher than the Texas average of $235,268.
The average cost of rent is $1,051/mo in Shelby, primarily driven by the current value of real estate in the Shelby area. While nearly 56.65% of residents own their homes outright in Shelby, 3.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelby is $7,235 per month. Households that rent pay about 14.52% of their income on rent here. Shelby's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Latium, TX: less expensive homes
- Greenvine, TX: less expensive homes
- Wesley, TX: equally priced homes
- Round Top, TX: equally priced homes
- Industry, TX: equally priced homes
- Warrenton, TX: less expensive homes
- Rek Hill, TX: less expensive homes
- Fayetteville, TX: less expensive homes
- Oldenburg, TX: less expensive homes
- Bleiblerville, TX: less expensive homes
Cities with Similar Populations
- Waterlily, NC: less expensive homes
- Catherine, AL: less expensive homes
- Centenary, SC: less expensive homes
- Center City, TX: less expensive homes
- Centerville, KS: less expensive homes
- Ceres, NY: less expensive homes
- Clarence, IL: less expensive homes
- Clifton Mills, WV: less expensive homes
- Clockville, NY: less expensive homes
- Ware, IL: less expensive homes
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