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These days, finding an affordable place to live in the Shelbyville area can be challenging. Home prices in Shelbyville are now at a median cost of $140,014, lower than the Illinois average of $300,242.
The average cost of rent is $766/mo in Shelbyville, primarily driven by the current value of real estate in the Shelbyville area. In Shelbyville, 35.47% of households rent, and 48.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shelbyville is $5,041 per month. Households that rent pay about 15.19% of their income on rent here. Shelbyville’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Middlesworth, IL: higher priced homes
- Duvall, IL: higher priced homes
- Westervelt, IL: higher priced homes
- Henton, IL: higher priced homes
- Lakewood Township, IL: higher priced homes
- Findlay, IL: less expensive homes
- Tower Hill, IL: equally priced homes
- Yantisville, IL: higher priced homes
- Mode, IL: equally priced homes
- Windsor Shelby County, IL: higher priced homes
Cities with Similar Populations
- Salton City, CA: higher priced homes
- Grottoes, VA: higher priced homes
- Groveland, MA: higher priced homes
- Grover, NC: higher priced homes
- Halethorpe, MD: higher priced homes
- Halifax, VA: higher priced homes
- Hallettsville, TX: higher priced homes
- Hanover, IN: higher priced homes
- Hardy, VA: higher priced homes
- Harlan, IA: higher priced homes
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