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Affordable
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These days, finding an affordable place to live in the Shepardsville area can be challenging. Home prices in Shepardsville are now at a median cost of $267,715, higher than the Michigan average of $250,415.
The average cost of rent is $1,021/mo in Shepardsville, primarily driven by the current value of real estate in the Shepardsville area. In Shepardsville, 4.94% of households rent, and 44.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shepardsville is $8,629 per month. Households that rent pay about 11.84% of their income on rent here. Shepardsville’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ovid, MI: less expensive homes
- St. Johns, MI: less expensive homes
- Eureka, MI: equally priced homes
- Elsie, MI: less expensive homes
- Laingsburg, MI: equally priced homes
- Bath, MI: higher priced homes
- Dewitt, MI: higher priced homes
- Bannister, MI: less expensive homes
- Pittsburg, MI: less expensive homes
- South Riley, MI: higher priced homes
Cities with Similar Populations
- Berry, KY: less expensive homes
- Bingen, WA: higher priced homes
- Bock, MN: equally priced homes
- Braddock Hills, PA: less expensive homes
- Branch, LA: less expensive homes
- Ceredo, WV: less expensive homes
- Wardsville, MO: higher priced homes
- Sawyerville, AL: less expensive homes
- Reeseville, WI: less expensive homes
- Rosebud, SD: less expensive homes
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