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Shelby, NE

Full City Profile · Nebraska · Polk County County

3.2 /5.0
B Good
709 Population 1,313/sq mi density
$75,795 Median Income $34,779 per capita
$112,200 Home Value $193,409 Zillow
$521 Median Rent 22.9% income on rent
50°F Avg Temperature 308 sunny days/yr
84 Violent Crime/100K 1,702 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$75,795 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$112,200 home value, $521/mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
C
Education
2.3 / 5.0
16.2% bachelor's degree or higher

Housing Overview

Median Home Value
$112,200
60% below
US avg: $281,900
Median Rent
$521/mo
55% below
US avg: $1,163/mo
Homeownership Rate
87.7%
34% above US avg (65.4%)
Total Housing Units
263
Median year built: 1965

Home Value by Source

Census Median
$112,200
Zillow (ZHVI)
$193,409
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.7%
Owner-Occupied
12.3%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$706/mo
1 Bedroom
$791/mo
2 Bedroom
$1,001/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,409/mo
Census median rent: $521/mo

Affordability & Housing Stock

Rent Burden
22.9%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
87.7%

Complete Housing Data

Home Values

Census Median Value$112,200
Zillow Home Value (ZHVI)$193,409

Rent

Census Median Rent$521
FMR Studio$706
FMR 1-Bedroom$791
FMR 2-Bedroom$1,001
FMR 3-Bedroom$1,274
FMR 4-Bedroom$1,409

Market

Ownership & Stock

Owner-Occupied87.7%
Renter-Occupied12.3%
Homeownership Rate87.7%
Total Housing Units263
Median Year Built1965
Rent Burden22.9%