Median Home Value
$208,100
Median Gross Rent
$922/mo
Homeownership Rate
73.7%
Rent as Share of Income
15.0%
Vacancy Rate
6.2%
Median Year Built
1974
Home Price Index (FHFA)
Home prices in Shelby County have risen 305% since 1985, 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
$720
1 Bedroom
$787
2 Bedroom
$1,033
3 Bedroom
$1,384
4 Bedroom
$1,448
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.