
Home Price Key
These days, finding an affordable place to live in the Shelly area can be challenging. Home prices in Shelly are now at a median cost of $107,800, lower than the Minnesota average of $269,934.
The average cost of rent is $700/mo in Shelly, primarily driven by the current value of real estate in the Shelly area. While nearly 57.21% of residents own their homes outright in Shelly, 19.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelly is $4,254 per month. Households that rent pay about 16.46% of their income on rent here. Shelly's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Caledonia, ND: higher priced homes
- Nielsville, MN: higher priced homes
- Halstad, MN: equally priced homes
- Taft, ND: higher priced homes
- Hillsboro, ND: higher priced homes
- Hendrum, MN: less expensive homes
- Lockhart, MN: equally priced homes
- Climax, MN: higher priced homes
- Kelso, ND: higher priced homes
- Beltrami, MN: higher priced homes
Cities with Similar Populations
- West Batavia, NY: higher priced homes
- Carbondale, OH: higher priced homes
- Cardin, OK: higher priced homes
- Cardwell, MT: higher priced homes
- Carrabelle Beach, FL: higher priced homes
- Cashtown, PA: higher priced homes
- Casville, NC: equally priced homes
- Wellington Heights, WV: equally priced homes
- Wendelin, IL: higher priced homes
- Capay, CA: higher priced homes
All Local Stats
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