Shelby Township, MI—48315

As of July '25, Rentcast reports the average rent in Shelby Township, MI is $2,180, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Shelby Township, MI is 1-bedrooms: $1,420, 2-bedrooms: $1,890, 3-bedrooms: $2,260, 4-bedrooms: $3,520. The most common rental property sizes in Shelby Township, MI are 2-bedroom and 1-bedroom, accounting for 40.9% and 35.8% of the rental stock.

As of the latest ACS Survey released in 2023, Shelby Township, MI has a population of 28,400, which has increased by 4.7% over the past 5 years. Shelby Township, MI is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 32.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.

As of the latest ACS Survey released in 2023, Shelby Township, MI is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Shelby Township, MI is asian, making up 3.8% of the population. Foreign-born residents account for 13.8% of the population in Shelby Township, MI, and this percentage has increased by 17.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

As of 2024, the percent of homes in Shelby Township, MI under the Section 8 program is 7.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Shelby Township, MI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.