Housing in Shelby, NE
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$192,516
Shelby vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Shelby is highlighted.
Median Home Value
26th%ilemost expensive$112,200show rank
Median Rent
4th%ilemost expensive rent$521show rank
Rent Burden
1st%ilehighest rent burden8.2%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$112,200
Median Rent
$521
Total Housing Units
272
Vacancy Rate
7.0%
Owner Occupied
87.8%
Renter Occupied
12.3%
Median Property Tax
$1,574
per year
Monthly Cost (w/ Mortgage)
$738
Housing Types
Single Family88.6%
Multi-Family7.3%
Mobile Home4.0%
The median home value in Shelby, NE is $112,200. According to Zillow, the home value index for Shelby is $192,516. The median rent is $521 per month (Census ACS). About 87.8% of housing units are owner-occupied. The median year homes were built is 1963. There are 272 total housing units.