In Shelby, a typical home is worth $122,200 and typical rent is $780 a month. Compared with all of Richland County, the typical home value is 26% lower, typical rent is 5% lower, and the share of households that own their home is 7 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $136,921 to $190,079.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Shelby is in Richland County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Richland County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Shelby is worth $122,200,26% less than in Richland County as a whole ($164,800).
2
According to Zillow, in the 12 months to September 2026 the typical home value in Shelby rose 6.6%; in Ohio, it rose 3.2%.
3
61% of households in Shelby own their home, against 68% in Richland County.
4
Shelby has the 28th lowest typical rent of the 285 cities in Ohio with more than 5,000 people ($780).
5
Shelby has the 25th smallest share of rent-burdened renters of the 253 cities in Ohio with more than 5,000 people (34%).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Shelby
What homes there are in Shelby, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Shelby
Richland County
Ohio
United States
Kind of home: Shelby and its comparisons
Measure
Shelby
Richland County
Ohio
United States
Detached house
73%
72%
69%
61%
Attached house
Unreliable estimate
5%
5%
6%
Building of 2 to 4
13%
9%
8%
8%
Apartments (5 or more)
Unreliable estimate
10%
15%
19%
Mobile home
Unreliable estimate
4%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
As in Richland County, most homes in Shelby are detached houses (73%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Shelby
Richland County
Ohio
United States
Year built: Shelby and its comparisons
Measure
Shelby
Richland County
Ohio
United States
Before 1960
52%
43%
38%
26%
1960–1979
27%
31%
26%
24%
1980–1999
14%
17%
20%
25%
2000–2009
Unreliable estimate
7%
10%
14%
2010 or later
Unreliable estimate
3%
7%
11%
In Shelby, half of the homes were built before 1959; in Richland County, before 1965.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K32%
$100K–$200K48%
$200K–$300K17%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Shelby and its comparisons
Measure
Shelby
Under $100K
32%
$100K–$200K
48%
$200K–$300K
17%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99963%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Shelby and its comparisons
Measure
Shelby
Under $500
Unreliable estimate
$500–$999
63%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,034 a month
Richland County: $1,218 a month
Without a mortgage
$459 a month
Richland County: $489 a month
Owners with a mortgage
60%
Richland County: 54%
In Shelby, 60% of owners have a mortgage, and their typical cost is $1,034 a month, against $1,218 in Richland County. Without one it drops to $459.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Shelby+32%
Richland County+49%
Ohio+47%
United States+53%
Typical rent
Shelby+22%
Richland County+21%
Ohio+28%
United States+33%
Typical household income
Shelby+29%
Richland County+20%
Ohio+26%
United States+29%
Change since 2015–2019: Shelby and its comparisons
Measure
Shelby
Richland County
Ohio
United States
Typical home value
+32%
+49%
+47%
+53%
Typical rent
+22%
+21%
+28%
+33%
Typical household income
+29%
+20%
+26%
+29%
The typical home value in Shelby rose 32% since 2015–2019, less than in Richland County (49%).
Much as in Richland County, the typical rent in Shelby rose 22% since 2015–2019.
To compare: typical income in Shelby rose 29%; the home, +32%; the rent, +22%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Shelby and its comparisons
Measure
Shelby
Richland County
Ohio
United States
Rental vacancy
Unreliable estimate
5.4%
4.4%
5.5%
Homeowner vacancy
Unreliable estimate
1.8%
0.8%
0.9%
More than one person per room
Unreliable estimate
1.2%
1.5%
3.4%
People per household
2.39
2.36
2.37
2.53
Drive alone
85%
81%
75%
69%
Carpool
Unreliable estimate
10%
8%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
8%
6%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
20 to 29 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Richland County, a household in Shelby has 2.39 people on average.
The car rules in Shelby: 85% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.
Do the math
What would you pay each month for a home in Shelby?
A typical home is within reach of the typical income
We start with a typical home in Shelby, worth $122,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 21% of the typical household income in Shelby, which is $58,351 a year.
The calculator's FHA and conventional loan limits are those of all of Richland County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Shelby. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $4,277 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,029
at 7.18% · 30 years
Loan amount
$119,987
Total interest
$172,633
Paid off in
November 2056
Includes $2,064 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,362 a month
Your payment · 21%
Tight
$1,362 to $1,751 a month
Hard
more than $1,751 a month
Compared with the typical household income in Shelby ($58,351 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$813
Property tax
$111
Home insurance
$51
FHA mortgage insurance (MIP)
$54
You need at least $4,277 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,029; principal and interest $813.
The city and its county
Shelby and Richland County
Shelby is in Richland County, Ohio. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Shelby
Map of Richland County, Ohio, with Shelby marked. Around it, the neighboring counties.
Shelby
Richland County
Other cities with a page
Shelby's own numbers
Typical home value
$122,200
Typical monthly rent
$780
Typical yearly household income
$58,351
Households that own their home
61%
Effective property tax rate
1.09%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Richland County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,035
Price change over 5 years (FHFA)
+64%
Homes in a high flood-risk zone
0.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Richland County.
A typical home in Shelby is worth $122,200: 26% below the county and 43% below Ohio. With the typical household income in Shelby ($58,351 a year), a typical home costs 2.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Shelby2.1 years
Richland2.8 years
Ohio3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Richland County
According to FHFA’s house price index, home prices in Richland County rose 113% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Richland County.
Yearly change in FHFA’s price index in Richland County, 2016 to 2025
2016: +2.2% +2.2% 2016
2017: +6.2% +6.2% 2017
2018: +6.0% +6.0% 2018
2019: +7.2% +7.2% 2019
2020: +5.2% +5.2% 2020
2021: +12.8% +12.8% 2021
2022: +14.4% +14.4% 2022
2023: +12.1% +12.1% 2023
2024: +6.7% +6.7% 2024
2025: +6.4% +6.4% 2025
Change in FHFA’s price index in Richland County, Ohio and the United States
Period
County
Ohio
U.S.
Last year (2025)
+6.4%
+4.8%
+2.9%
5 years (2020–2025)
+64%
+53%
+47%
10 years (2015–2025)
+113%
+93%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Shelby next to Richland County, Ohio and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Shelby$122,200
Richland$164,800
Ohio$214,800
United States$332,700
Typical monthly rent
Shelby$780
Richland$824
Ohio$1,034
United States$1,413
Typical yearly household income
Shelby$58,351
Richland$59,509
Ohio$71,389
United States$80,734
See the full table
Shelby next to Richland County and Ohio
Measure
Shelby
Richland County
Ohio
U.S.
Typical home value
$122,200 ▼26% below the county
$164,800
$214,800
$332,700
Typical monthly rent
$780 ▼5% below the county
$824
$1,034
$1,413
Typical yearly household income
$58,351
$59,509
$71,389
$80,734
Households that own their home
61% ▼7 points below the county
68%
67%
65%
Typical yearly property tax
$1,332 ▼35% below the county
$2,061
$2,822
$3,119
Effective property tax rate
1.09% ▼0.16 points below the county
1.25%
1.31%
0.94%
Renters with high rent for their income
34% ▼8 points below the county
42%
46%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Richland County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Shelby
For a typical $122,200 home in Shelby, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Shelby's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,029a month
Least cash to close
Down payment
$4,277
Cash to close
$7,943
Rate
7.18%
Mortgage insurance
FHA MIP · $54
Conventional, 5% down$1,006a month
Down payment
$6,110
Cash to close
$9,776
Rate
7.18%
Mortgage insurance
PMI · $58
Conventional, 20% down, no PMI$824a month
Down payment
$24,440
Cash to close
$28,106
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$937a month
Down payment
$18,330
Cash to close
$21,996
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Shelby
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,029
$4,277
$119,987
7.18%
FHA MIP · $54
$7,943
580
Conventional, 5% down
$1,006
$6,110
$116,090
7.18%
PMI · $58
$9,776
620*
Conventional, 20% down, no PMI
$824
$24,440
$97,760
7.18%
None
$28,106
620*
ITIN, 15% down (example)
$937
$18,330
$103,870
8.18%
None
$21,996
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Shelby is $780 a month: 5% below the county. In Shelby, 34% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Richland County, by unit size. To pay the 2-bedroom one ($1,035 a month) without spending more than 30% of your income, you would need to earn $19.90 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Richland County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$721
$13.87
$28,840
1 bedroom
$822
$15.81
$32,880
2 bedrooms
$1,035
$19.90
$41,400
3 bedrooms
$1,370
$26.35
$54,800
4 bedrooms
$1,595
$30.67
$63,800
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Shelby
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Shelby is in ZIP code 44875.
For 2 bedrooms it is $1,000: $35 less than the fair market rent for Richland County ($1,035).
Fair market rent by ZIP code and size in Shelby, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
44875
$710
$800
$1,000
$1,330
$1,540
ZIP code2 bd3 bd
44875 $1,000$1,330
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Shelby when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Richland County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Shelby or Richland County. The ones below are statewide in Ohio: they work in Shelby the same as in the rest of the state.
Ohio state agency help of 2.5% or 5% of the price for the down payment, closing costs or other costs before closing, forgiven after seven years; if you sell sooner, you repay all of it.Offered by Ohio Housing Finance Agency (OHFA).
Ohio state agency certificate that turns part of your mortgage interest into a credit on your federal tax return, up to $2,000 a year: 40% with an OHFA mortgage (MTC Plus) or 15% to 20% with another mortgage (MTC Basic).Offered by Ohio Housing Finance Agency (OHFA).
No legal help resource on our list is for Shelby or Richland County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Shelby and all of Richland County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Shelby?
The typical home value in Shelby is $122,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Richland County it is $164,800.
How much does it cost to rent in Shelby?
Typical rent in Shelby is $780 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Richland County is $1,035.
What is the FHA loan limit in Shelby?
Shelby uses the FHA limit for all of Richland County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Shelby?
The typical homeowner in Shelby pays $1,332 a year, according to the U.S. Census Bureau. That is 1.09% of the home’s value; in Richland County, the rate is 1.25%.
Where can I find free help to buy or rent in Shelby?
We found no HUD-approved counseling agencies with an office in Richland County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
