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Affordable
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These days, finding an affordable place to live in the Shellsburg area can be challenging. Home prices in Shellsburg are now at a median cost of $287,673, higher than the Iowa average of $226,062.
The average cost of rent is $817/mo in Shellsburg, primarily driven by the current value of real estate in the Shellsburg area. In Shellsburg, 14.22% of households rent, and 42.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shellsburg is $8,025 per month. Households that rent pay about 10.18% of their income on rent here. Shellsburg’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Palo, IA: equally priced homes
- Center Point, IA: less expensive homes
- Toddville, IA: higher priced homes
- Urbana, IA: equally priced homes
- Vinton, IA: less expensive homes
- Atkins, IA: equally priced homes
- Newhall, IA: less expensive homes
- Lafayette, IA: less expensive homes
- Hiawatha, IA: less expensive homes
- Robins, IA: higher priced homes
Cities with Similar Populations
- Silver Lake, WI: equally priced homes
- Hamden, OH: less expensive homes
- Harleton, TX: less expensive homes
- Hawi, HI: higher priced homes
- Hayden, CO: higher priced homes
- Hersey, MI: less expensive homes
- Honeoye, NY: less expensive homes
- Adolphus, KY: less expensive homes
- Kemmerer, WY: less expensive homes
- Lexington, MN: equally priced homes
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