Rental numbers for Shelby County, OH
The typical home here runs -$755 a month at 7.78% with 25% down, breaking even at about 0.8%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%.
- Gross yield
- 6.1%
- typical home, Zillow
- Median ZIP yield
- 7.0%
- 1 ZIPs with full data
- Cash flow
- -$755/mo
- at 7.78%, 25% down
- Typical price
- $249,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,260/mo
- Zillow ZORI, Aug 2026
ZIP codes in Shelby County
10 with published figures
| 45360Port Jefferson | $138,000 | $980* | 8.6% | 4.0% | -$286 | n/a |
| 45365Sidney | $219,000 | $1,282 | 7.0% | 3.5% | -$539 | n/a |
| 45334Jackson Center | $227,000 | $1,210* | 6.4% | 3.0% | -$663 | n/a |
| 45302Anna | $334,000 | $1,230* | 4.4% | 1.7% | -$1,329 | n/a |
| 45871New Knoxville | $270,000 | $990* | 4.4% | 1.4% | -$1,130 | n/a |
| 45306Botkins | $289,000 | $1,050* | 4.4% | 1.5% | -$1,208 | n/a |
| 45340Maplewood | $300,000 | $1,080* | 4.3% | 1.2% | -$1,320 | n/a |
| 45333Houston | $295,000 | $1,050* | 4.3% | 1.0% | -$1,349 | n/a |
| 45363Russia | $362,000 | $1,020* | 3.4% | 0.8% | -$1,722 | n/a |
| 45845Fort Loramie | $349,000 | $970* | 3.3% | 0.7% | -$1,692 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +7.6%
- Rent, 12 months
- +4.3%
- Rent minus price growth
- -3.3 pts
- Property tax
- 0.95%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $181,013 | n/a |
| Aug 2022 | $196,827 | n/a |
| Aug 2023 | $200,151 | n/a |
| Aug 2024 | $212,706 | n/a |
| Aug 2025 | $231,158 | $1,208 |
| Aug 2026 | $248,750 | $1,260 |
HUD Fair Market Rent
FY2027, Shelby County, OH
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $804 | $823 | $1,076 | $1,446 | $1,485 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 13.8
- 261 units, last 12 months
- National percentile
- 81th
- among US counties
Tools
Test a listing in Shelby County against today's rate.
Open the calculatorPart of the Sidney, OH metro.
Questions
- Is Shelby County good for rental property?
- The typical home here runs -$755 a month at 7.78% with 25% down, breaking even at about 0.8%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Shelby County?
- About 0.95% of value, from Census ACS median taxes paid over median home value. On a $249,000 home that is about $2,368 a year.
- What is Fair Market Rent in Shelby County?
- HUD's FY2027 Fair Market Rent here is $823 for a 1-bedroom, $1,076 for a 2-bedroom and $1,446 for a 3-bedroom. Typical cash flow at today's rate is -$755 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.