Similar to its surrounding areas, it's a bit less expensive compared to the US as a whole. Compared to the city of Idaho Falls, it is a bit less expensive.
Home prices
The median home in Shelley costs $155,300. It is about $6,000 (3%) lower in comparison to the surrounding areas.It is approximately $62,200 (28%) lower compared to the US as a whole, and in comparison to the city of Idaho Falls it is roughly $9,200 (5%) lower.
Rents
The median rent in Shelley is $759 a month. Compared to the surrounding areas it is approximately $119 (13%) lower.Compared to the nation as a whole it is about $303 (28%) lower, and in comparison to the city of Idaho Falls is approximately $17 (2%) lower.
Nearby places
Basalt
Basalt is about 4 miles south of Shelley. Its housing prices are a little less expensive. The cost of the median home in Basalt is $136,500, which comes out to $18,800 (13%) lower than Shelley. Rents there are somewhat more expensive. In Basalt the median monthly rent is $806, which works out to $47 (5%) higher than Shelley.
Firth
Firth is roughly 5 miles southwest from Shelley. Real estate prices there are a lot less expensive. The median home in Firth costs $101,500, which comes out to $53,800 (53%) lower than Shelley. Rent there is somewhat less expensive. Firth's median monthly rent is $618, which comes out to $141 (22%) lower than Shelley.
Ammon
Ammon is approximately 9 miles northeast of Shelley. Housing prices there are a bit more expensive. The median home in Ammon is valued at $199,400, which works out to $44,100 (22%) higher than Shelley. The rent there is somewhat more expensive. The median rent in Ammon is $903 a month, which is $144 (15%) higher than Shelley.
Lincoln
Lincoln is approximately 11 miles northeast of Shelley. The housing prices there are similar. The value of the median home in Lincoln is $158,800, which works out to $3,500 (2%) higher than Shelley. Rents there are a bit more expensive. In Lincoln the median monthly rent is $918, which is $159 (17%) higher than Shelley.
Iona
Iona is roughly 12 miles northeast of Shelley. Its real estate prices are a bit more expensive. The median home in Iona costs $210,300, which is $55,000 (26%) higher than Shelley. Rent there is substantially more expensive. Iona's median monthly rent is $1,146, which works out to $387 (33%) higher than Shelley.
