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 $165,718, lower than the Tennessee average of $218,916.
The average cost of rent is $874/mo in Shelbyville, primarily driven by the current value of real estate in the Shelbyville area. While nearly 35.57% of residents own their homes outright in Shelbyville, 37.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelbyville is $4,361 per month. Households that rent pay about 20.03% of their income on rent here. Shelbyville's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Vannatta, TN: equally priced homes
- Elbethel, TN: equally priced homes
- Singleton, TN: higher priced homes
- Haley, TN: higher priced homes
- Halls Mill, TN: equally priced homes
- Flat Creek, TN: higher priced homes
- Deason, TN: higher priced homes
- Wartrace, TN: higher priced homes
- Richmond, TN: higher priced homes
- Sims Spring, TN: equally priced homes
Cities with Similar Populations
- Westlake, OH: higher priced homes
- Corozal, PR: less expensive homes
- Cottonwood Heights, UT: higher priced homes
- Crowley, TX: higher priced homes
- Dakota Ridge, CO: higher priced homes
- Dania Beach, FL: higher priced homes
- Dawsonville, GA: higher priced homes
- Des Moines, WA: higher priced homes
- Dover, NH: higher priced homes
- Wheat Ridge, CO: higher priced homes
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