Shelby, NC Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Shelby is $1,134, a 5.76% increase compared to the previous year, when the average rent was $1,072.
One-bedroom apartments provide 662 square feet for $985, balancing privacy and affordability.
Two-beedroom units at $1,150 offer 863 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,165 sq ft) for $1,346, suitable for larger households.
Average rent in Shelby, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,134 | 852 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $985 | 662 sq. ft. |
| 2 Beds | $1,150 | 863 sq. ft. |
| 3 Beds | $1,346 | 1,165 sq. ft. |
Shelby, NC rent trends
Rental prices in Shelby, NC have increased by 5.76% over the past year. The average rent moved from $1,072 to $1,134.
What's the typical rent budget in Shelby, NC?
The largest share of rentals in Shelby, NC (66%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Shelby, NC?
3,754 or 41% of the households in Shelby, NC are renter-occupied while 5,424 or 59% are owner-occupied.
Average Rent in Shelby, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Shelby City | $1,157 |
How Shelby Compares to Other Cities
| City | Average Rent |
|---|---|
| Shelby | $1,134 |
| Charlotte | $1,653 |
| Concord | $1,535 |
| Raleigh | $1,591 |
| Fayetteville | $1,276 |
| Durham | $1,555 |
| Greensboro | $1,320 |
| Winston - Salem | $1,293 |
| Cary | $1,664 |
| Wilmington | $1,629 |
| Asheville | $1,716 |
| Belmont, NC | $1,621 |
| Gastonia, NC | $1,403 |
| Dallas, NC | $1,891 |
| Clover, SC | $1,667 |
| Kings Mountain, NC | $1,012 |
| Spartanburg, SC | $1,248 |
| Hickory, NC | $1,440 |
| Newton, NC | $1,495 |
| Gaffney, SC | $1,013 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Shelby apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.