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Shelby, MT

Full City Profile · Montana · Toole County County

3.0 /5.0
B Good
3,129 Population 541/sq mi density
$53,357 Median Income $31,495 per capita
$206,000 Home Value $176,469 Zillow
$769 Median Rent 24.4% income on rent
42°F Avg Temperature 274 sunny days/yr
192 Violent Crime/100K 2,340 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$53,357 median income, 1.1% unemployment
A+
Affordability
4.5 / 5.0
$206,000 home value, $769/mo rent
F
Safety
1.0 / 5.0
192 violent crimes/100K
C+
Education
2.6 / 5.0
19.4% bachelor's degree or higher

Housing Overview

Median Home Value
$206,000
27% below
US avg: $281,900
Median Rent
$769/mo
34% below
US avg: $1,163/mo
Homeownership Rate
64.9%
1% below US avg (65.4%)
Total Housing Units
1,427
Median year built: 1961

Home Value by Source

Census Median
$206,000
Zillow (ZHVI)
$176,469
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.9%
Owner-Occupied
35.1%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$988/mo
1 Bedroom
$1,076/mo
2 Bedroom
$1,336/mo
3 Bedroom
$1,789/mo
4 Bedroom
$2,113/mo
Census median rent: $769/mo

Affordability & Housing Stock

Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
64.9%

Complete Housing Data

Home Values

Census Median Value$206,000
Zillow Home Value (ZHVI)$176,469

Rent

Census Median Rent$769
FMR Studio$988
FMR 1-Bedroom$1,076
FMR 2-Bedroom$1,336
FMR 3-Bedroom$1,789
FMR 4-Bedroom$2,113

Market

Ownership & Stock

Owner-Occupied64.9%
Renter-Occupied35.1%
Homeownership Rate64.9%
Total Housing Units1,427
Median Year Built1961
Rent Burden24.4%