Housing in Shelby, MT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$170,299
Shelby vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Shelby is highlighted.
Median Home Value
58th%ilemost expensive$206,000show rank
Median Rent
26th%ilemost expensive rent$769show rank
Rent Burden
41st%ilehighest rent burden17.3%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$206,000
Median Rent
$769
Total Housing Units
1,407
Vacancy Rate
18.0%
Owner Occupied
64.9%
Renter Occupied
35.1%
Median Property Tax
$2,009
per year
Monthly Cost (w/ Mortgage)
$1,061
Housing Types
Single Family69.1%
Multi-Family24.1%
Mobile Home6.8%
The median home value in Shelby, MT is $206,000. According to Zillow, the home value index for Shelby is $170,299. The median rent is $769 per month (Census ACS). About 64.9% of housing units are owner-occupied. The median year homes were built is 1966. There are 1,407 total housing units.