Shelby County, TN — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$229,700
Median Rent
$1,170/mo
Homeownership
54.6%
Vacancy Rate
10.6%
Total Housing Units
403,144
Property Tax
$2,376/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied54.6%
Renter-Occupied45.4%
Housing Types
Source: Census Bureau ACS (2023)Single Family71.1%
Multi-Family27.7%
Mobile Home1.2%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$1,211/mo
Without Mortgage
$1,642/mo
Median Year Built
1977
The median home value in Shelby County, TN is $229,700 according to 2023 Census Bureau estimates. The median monthly rent is $1,170. 54.6% of housing units are owner-occupied. There are 403,144 total housing units in the county. The vacancy rate is 10.6%.