Housing & Real Estate — Shelby, Iowa

Overview

Total Housing Units422
Occupied390
Vacant32
Owner-Occupied252
Renter-Occupied138
Median Home Value (Census)$162,500
Estimated 2026~$178,000
Median Rent$872/mo
Median Property Tax$2,124/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income16.4%
Severely Rent-Burdened42.9%

Housing Age

Built 2010 or later9
Built 2000-200956
Built 1990-199931
Built before 1960243
Median Year Built1938
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.