2026 Affordability Data
Most Affordable Neighborhoods in Shelby - 2026 Data
The median home value in Shelby is $181,300, 36% below nat'l avg. Median rent is $720/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Shelby, MT area.
Key Takeaways: Affordability in Shelby
- 1The most affordable neighborhood in Shelby is Bozeman, with a median home value of $546,100.
- 2Shelby's median home value is $181,300, 36% below nat'l avg (national: $281,900).
- 3Median rent in Shelby is $720/month, 38% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Shelby to find the most affordable areas based on home values, rent, and affordability index.
Shelby Affordability Overview
Median Home Value
$181,300
36% below nat'l avg
Median Rent
$720/mo
38% below nat'l avg
Median Income
$51,667
31% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Shelby (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | BozemanMT | $546,100 |
| 2 | KalispellMT | $340,700 |
| 3 | BelgradeMT | $390,800 |
| 4 | Anaconda-Deer Lodge CountyMT | $175,700 |
| 5 | Great FallsMT | $223,700 |
| 6 | BillingsMT | $280,000 |
| 7 | MissoulaMT | $395,000 |
| 8 | HelenaMT | $331,700 |
| 9 | SidneyMT | $251,700 |
| 10 | Columbia FallsMT | $287,700 |
| 11 | WhitefishMT | $610,000 |
| 12 | HardinMT | $149,600 |
| 13 | ConradMT | $155,400 |
| 14 | PolsonMT | $279,400 |
| 15 | Butte-Silver Bow (balance)MT | $197,200 |
Detailed Neighborhood Profiles
Home Value: $546,100
Rent: $443/mo
Affordability: 125
Population: 53,500
Walk Score: 0/100
Home Value: $340,700
Rent: $443/mo
Affordability: 125
Population: 25,473
Walk Score: 0/100
Home Value: $390,800
Rent: $443/mo
Affordability: 125
Population: 10,941
Walk Score: 0/100
4
Home Value: $175,700
Rent: $443/mo
Affordability: 125
Population: 9,435
Walk Score: 0/100
5
Home Value: $223,700
Rent: $443/mo
Affordability: 125
Population: 60,373
Walk Score: 0/100
6
Home Value: $280,000
Rent: $910/mo
Affordability: 78
Population: 119,510
Walk Score: 82/100
7
Home Value: $395,000
Rent: $988/mo
Affordability: 52
Population: 75,516
Walk Score: 65/100
8
Home Value: $331,700
Rent: $969/mo
Population: 32,529
9
Home Value: $251,700
Rent: $836/mo
Population: 6,257
Walk Score: 0/100
10
Home Value: $287,700
Rent: $949/mo
Population: 5,435
11
Home Value: $610,000
Rent: $1,254/mo
Population: 8,098
Walk Score: 0/100
12
Home Value: $149,600
Rent: $731/mo
Population: 3,803
13
Home Value: $155,400
Rent: $864/mo
Population: 2,640
14
Home Value: $279,400
Rent: $877/mo
Population: 5,218
15
Home Value: $197,200
Rent: $786/mo
Population: 34,638
Frequently Asked Questions About Affordability in Shelby
What is the most affordable neighborhood in Shelby, MT?▾
Based on 2026 data, Bozeman is the most affordable neighborhood in Shelby with a median home value of $546,100. Kurby analyzed 15 neighborhoods in the Shelby area to compile these rankings.
What is the median home price in Shelby, MT?▾
The median home price in Shelby is $181,300, which is 36% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Shelby, MT?▾
The median monthly rent in Shelby is $720. This is 38% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Shelby?▾
The median household income in Shelby is $51,667 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Shelby are below the national average home price?▾
8 out of 15 ranked neighborhoods in Shelby have a median home value below the national average of $281,900. The most affordable is Anaconda-Deer Lodge County at $175,700 (Source: Kurby, 2026).