Median Home Value
$304,800
Median Gross Rent
$1,033/mo
Homeownership Rate
73.9%
Rent as Share of Income
15.0%
Vacancy Rate
5.4%
Median Year Built
1993
Home Price Index (FHFA)
Home prices in Shelby County have risen 365% since 1986, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$954
1 Bedroom
$1,027
2 Bedroom
$1,143
3 Bedroom
$1,417
4 Bedroom
$1,697
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.