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City Report · MI

Shelby Township

·36th most expensive in Michigan·Shelby Township rents are up 17.3% over the past year
Median rent (all units)
$1,645/mo
Year-over-Year
+17.3%
Month-over-Month
+0.3%
vs US Median
-$320
Stable (Monthly)
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Most AffordableMost Expensive
Shelby Township · $1,645
More affordable than 66% of US cities · National median $1,965/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $1,645/mo, rent takes about 27% of the US median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Shelby Township's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,037
1 BR
$1,143
2 BR
$1,443
3 BR
$1,770
4 BR+
$1,913
Research median
$1,443/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,740/yr
At $1,645/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 17.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+17.3% YoY, +0.3% MoM), not inventory.
Rent check

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2023 vs 2026

How Shelby Township, MI has changed in 5 years

Rent
$1,396 → $1,645
up 17.8%

Rent in Shelby Township, MI has increased 17.8% since 2023, going from about $1,396 per month to roughly $1,645 today. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Shelby Township, MI market of 2023.

Community

Discussions about Shelby Township

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View Shelby Township rent history (2015–2026) →
Salary vs rent

Can you afford rent in Shelby Township on your salary?

At $1,645/mo, how Shelby Township rent compares to typical pay (30% rule).

By apartment size

Shelby Township rent by bedroom count

Median rent for each apartment size in Shelby Township. Click any size for full breakdown.

Local insights

Tips for renters in Shelby Township

About renting in Shelby Township, MI

Last updated: July 20, 2026

The median rent in Shelby Township is $1,645/mo as of July 2026. A studio apartment averages $1,037/mo while a 2-bedroom runs $1,443/mo. One-bedroom apartments average $1,143/mo and 3-bedroom units go for $1,770/mo.

At 27% of estimated US median household income ($72,000/yr), Shelby Township ranks as affordable compared to the national benchmark of 30%. Rents have increased 17.3% over the past year.

FAQ

Frequently asked questions

Is Shelby Township an affordable city for renters?

Shelby Township is considered affordable for renters. At $1,645/mo, rent takes approximately 27% of the US median household income ($72,000/yr). The standard benchmark is 30%. Shelby Township falls comfortably within that range.

How much income do you need to rent in Shelby Township?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,645/mo in Shelby Township.

Is rent going up or down in Shelby Township?

Rent in Shelby Township has increased 17.3% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Shelby Township neighborhoods have the lowest rent?

The most affordable ZIP codes in Shelby Township are 48317 ($1,479/mo), 48316 ($1,774/mo), and 48315 ($2,076/mo). Citywide, the median rent in Shelby Township is $1,645/mo.

How does Shelby Township rent compare to other cities in Michigan?

Shelby Township is middle-of-the-pack for Michigan for rent, ranking #36 out of 95 tracked cities at $1,645/mo.

Which nearby cities are cheaper to rent in than Shelby Township?

Sterling Heights is nearby and more affordable at $1,591/mo, which is $54 less than Shelby Township.

How does Shelby Township rent compare to the national average?

Shelby Township's median rent of $1,645/mo is $320 (16%) below the US national median of $1,965/mo. Within Michigan, it ranks #36 out of 95 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,645/mo, rent takes ~27% of US median household income ($72,000/yr). The standard benchmark is 30%.

Shelby Township 27%Benchmark 30%
State income tax4.25%
Run the Shelby Township affordability calculator →
Lowest-rent ZIP codes in Shelby Township
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Shelby Township, MI

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