2026 Affordability Data
Most Affordable Neighborhoods in Shelby village - 2026 Data
The median home value in Shelby village is $116,200, 59% below nat'l avg. We ranked 15 neighborhoods by affordability to help you find the best value in the Shelby village, MI area.
Key Takeaways: Affordability in Shelby village
- 1The most affordable neighborhood in Shelby village is Farmington Hills, with a median home value of $319,000.
- 2Shelby village's median home value is $116,200, 59% below nat'l avg (national: $281,900).
- 3We analyzed 15 neighborhoods in Shelby village to find the most affordable areas based on home values, rent, and affordability index.
Shelby village Affordability Overview
Median Home Value
$116,200
59% below nat'l avg
Median Rent
N/A
Median Income
$51,316
31% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Shelby village (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Farmington HillsMI | $319,000 |
| 2 | Rochester HillsMI | $359,800 |
| 3 | Mount PleasantMI | $162,000 |
| 4 | BirminghamMI | $679,700 |
| 5 | FlintMI | $43,300 |
| 6 | TroyMI | $375,600 |
| 7 | MarquetteMI | $231,500 |
| 8 | AdrianMI | $107,600 |
| 9 | MonroeMI | $151,700 |
| 10 | YpsilantiMI | $204,800 |
| 11 | ColdwaterMI | $111,900 |
| 12 | WyomingMI | $180,300 |
| 13 | SouthfieldMI | $212,800 |
| 14 | WestlandMI | $164,900 |
| 15 | KalamazooMI | $152,700 |
Detailed Neighborhood Profiles
Home Value: $319,000
Rent: $870/mo
Affordability: 188
Population: 83,562
Walk Score: 0/100
Home Value: $359,800
Rent: $870/mo
Affordability: 188
Population: 76,041
Walk Score: 0/100
Home Value: $162,000
Rent: $870/mo
Affordability: 188
Population: 21,826
Walk Score: 0/100
4
Home Value: $679,700
Rent: $870/mo
Affordability: 188
Population: 21,738
Walk Score: 0/100
5
Home Value: $43,300
Rent: $870/mo
Affordability: 188
Population: 81,863
Walk Score: 0/100
6
Home Value: $375,600
Rent: $870/mo
Affordability: 188
Population: 87,170
Walk Score: 0/100
7
Home Value: $231,500
Rent: $870/mo
Affordability: 188
Population: 20,673
Walk Score: 0/100
8
Home Value: $107,600
Rent: $870/mo
Affordability: 188
Population: 20,607
Walk Score: 0/100
9
Home Value: $151,700
Rent: $870/mo
Affordability: 188
Population: 20,400
Walk Score: 0/100
10
Home Value: $204,800
Rent: $870/mo
Affordability: 188
Population: 20,204
Walk Score: 0/100
11
Home Value: $111,900
Rent: $870/mo
Affordability: 188
Population: 13,704
Walk Score: 0/100
12
Home Value: $180,300
Rent: $870/mo
Affordability: 188
Population: 76,732
Walk Score: 0/100
13
Home Value: $212,800
Rent: $870/mo
Affordability: 188
Population: 76,107
Walk Score: 0/100
14
Home Value: $164,900
Rent: $870/mo
Affordability: 188
Population: 84,806
Walk Score: 0/100
15
Home Value: $152,700
Rent: $870/mo
Affordability: 188
Population: 73,342
Walk Score: 0/100
Frequently Asked Questions About Affordability in Shelby village
What is the most affordable neighborhood in Shelby village, MI?▾
Based on 2026 data, Farmington Hills is the most affordable neighborhood in Shelby village with a median home value of $319,000. Kurby analyzed 15 neighborhoods in the Shelby village area to compile these rankings.
What is the median home price in Shelby village, MI?▾
The median home price in Shelby village is $116,200, which is 59% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the median household income in Shelby village?▾
The median household income in Shelby village is $51,316 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Shelby village are below the national average home price?▾
11 out of 15 ranked neighborhoods in Shelby village have a median home value below the national average of $281,900. The most affordable is Mount Pleasant at $162,000 (Source: Kurby, 2026).