Rental Market Trends in Shelby, OH

Q: What is the average rent in Shelby, OH?

As of May 2025, the average rent in Shelby, OH was $532/month.

What is the average rent in Shelby, OH?

$532/month

Average Rent

650 Sq Ft

Average Apartment Size

+3.6%

Increase in the Last Year

As of May 2025, the average rent in Shelby, OH is $532 per month. This is 67% lower than the national average rent of $1,625/month, making renting in Shelby more affordable than most cities in the US. When you rent an apartment in Shelby, you can expect to pay about $468 per month for a studio, $532 for a one-bedroom apartment, and around $686 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

$468/month

500 Sq Ft

One Bedroom

$532/month

650 Sq Ft

Two Bedroom

$686/month

800 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

How much has average rent changed in Shelby, OH?

In the past year, rent has increased by 3.6%, which averages out to $20 more per month.

Percentage*

Rent Range

100% Below $700/month

0% $700 - $1,000/month

0% $1,001 - $1,500/month

0% $1,501 - $2,000/month

0% Above $2,000/month

What salary do I need to live comfortably in Shelby, OH?

Because the average rent in Shelby is $532, you’ll want to make about $1,773 per month or $21,276 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

How does Shelby, OH compare to other nearby cities and neighborhoods?

Use the tool below to compare Shelby, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

Apartment communities in Shelby we think you'll love

90 N 3rd St

90 N 3rd St,
Shelby, OH 44875

1 Bed | $540

100 N 3rd St

100 N 3rd St,
Shelby, OH 44875

2 Beds | $485

93 N 3rd St

93 N 3rd St,
Shelby, OH 44875

2 Beds | $485

58 2nd St

58 2nd St,
Shelby, OH 44875

4 Beds | $1,395

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United States Ohio Shelby Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.