Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Walnut Grove - Shelby Farms PD area can be challenging. Home prices in Walnut Grove - Shelby Farms PD are now at a median cost of $567,890, higher than the Germantown average of $394,725.
The average cost of rent is $1,948/mo in Walnut Grove - Shelby Farms PD, primarily driven by the current value of real estate in the Walnut Grove - Shelby Farms PD area. While nearly 32.30% of residents own their homes outright in Walnut Grove - Shelby Farms PD, 18.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Grove - Shelby Farms PD is $16,468 per month. Households that rent pay about 11.83% of their income on rent here. Walnut Grove - Shelby Farms PD's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
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