Cost of Living in Shelby County, Missouri

$570/mo
Median Monthly Rent
$86,200
Median Home Value
26% below state averageUnaffordable

At a Glance

Median Monthly Rent
$570/mo
26% below state average
Median Home Value
$86,200
69% below national
Rent-to-Income Ratio
22.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Shelby County Compares

Median monthly rent comparison

Shelby County$570/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$570/mo
Median Gross Rent
$86,200
Median Home Value
$631/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Shelby County, Missouri

Shelby's affordability edge nationally

Shelby County renters spend just 13.1% of income on rent, well below the national benchmark and a solid foundation for housing security. This efficiency reflects both modest rents ($570/month) and the county's $52,127 median household income, though that trails the national median of $74,755.

Best renter values in Missouri

Among Missouri's 114 counties, Shelby ranks among the most affordable for renters, with a 13.1% rent-to-income ratio that beats the state average of 15.6%. This advantage stems from stable rents that remain $198 below Missouri's median of $768.

Shelby beats regional peers handily

Shelby's $570 rent undercuts nearby St. Clair County ($607) and Stoddard County ($737), while its 13.1% rent-to-income ratio outperforms all neighboring counties in the region. Homebuyers face similar advantages, with a median home value of $86,200—the lowest in its peer group.

Where Shelby dollars go monthly

A typical Shelby household earning $52,127 annually ($4,344/month) allocates $570 to rent or $631 to mortgage payments, leaving substantial income for other necessities. Housing consumes just 13-15% of monthly earnings, providing more flexibility than most counties in Missouri.

Consider Shelby for affordability

If you're seeking affordable rural Missouri living, Shelby County offers some of the state's lowest rents and home prices without sacrificing housing stability. Compare these figures to your current location—you may find significant monthly savings that redirect resources toward savings, education, or quality of life.

Affordability Calculator

See how your income compares to housing costs in Shelby County

$

Rent Burden

13.1%

of gross income

Max Housing (28% Rule)

$1,216

per month

Owner Cost Burden

14.5%

of gross income

You can likely afford the median home in Shelby County

Median home value is $86,200. Estimated monthly cost: $688 vs. your max of $1,216.

Rent Affordability Guide

Your rent-to-income ratio13.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Shelby County, Missouri?
Shelby County, Missouri has a median monthly rent of $570/mo and a median home value of $86,200. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Shelby County?
The median gross rent in Shelby County is $570/mo. This is 26% below state average for Missouri.
Is Shelby County affordable?
Shelby County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Shelby County's rent compare to the state average?
Shelby County's median rent of $570/mo is 26% below state average of $768/mo for Missouri.
What is the median home value in Shelby County?
The median home value in Shelby County, Missouri is $86,200. This is 69% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.