Median Home Value
$101,500
Median Gross Rent
$781/mo
Homeownership Rate
74.0%
Rent as Share of Income
18.8%
Vacancy Rate
19.1%
Median Year Built
1984
Home Price Index (FHFA)
Home prices in Shelby County have risen 207% since 1998, 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
$756
1 Bedroom
$888
2 Bedroom
$973
3 Bedroom
$1,353
4 Bedroom
$1,439
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.