Home Price Key
Affordable
Average
Expensive
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 $78,083, lower than the Missouri average of $194,908.
The average cost of rent is $605/mo in Shelbyville, primarily driven by the current value of real estate in the Shelbyville area. While nearly 51.34% of residents own their homes outright in Shelbyville, 25.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelbyville is $3,842 per month. Households that rent pay about 15.75% of their income on rent here. Shelbyville's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Kellerville, MO: higher priced homes
- Bethel, MO: higher priced homes
- Shelbina, MO: equally priced homes
- Lentner, MO: equally priced homes
- Sigsbee, MO: higher priced homes
- Hagers Grove, MO: equally priced homes
- Leonard, MO: equally priced homes
- Duncans Bridge, MO: equally priced homes
- Plevna, MO: higher priced homes
- Newark, MO: less expensive homes
Cities with Similar Populations
- Waterville, WI: higher priced homes
- Cardville, ME: higher priced homes
- Chapel Hill, MO: higher priced homes
- Cherokee, KS: equally priced homes
- Chester Hill, PA: higher priced homes
- Cold Springs, AL: higher priced homes
- Cornwell, SC: higher priced homes
- Corsica, SD: higher priced homes
- Cove Creek, NC: higher priced homes
- Coxey, AL: higher priced homes
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