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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Shelby City, NC Rental Market Trends

Highlights

The average rent for an apartment in Shelby City is $742, a change amounting to approximately 0% compared to the previous year.

Average Rent in Shelby City, NC

Last updated February 2021
Average Rent Y-o-Y Change Average Apartment Size
$742 0% 840 sq. ft.

The average size for a Shelby City, NC apartment is 840 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Shelby City, NC Apartment Rent Ranges

  • $501-$70030%
  • $701-$1,00068%
  • $1,001-$1,5002%

Shelby City, NC Occupied Housing Units

  • Renter-occupied Households39%
  • Owner-occupied Households60%

3,126 or 39% of the households in Shelby City, NC are renter-occupied while 4,887 or 60% are owner-occupied.

Shelby City, NC Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Feb / 2021
Shelby City, NC $639 $639 $664 $674 $699 $739 $725 $719 $742
National $1,311 $1,342 $1,351 $1,356 $1,388 $1,395 $1,397 $1,389 $1,392
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Access comprehensive real estate data and information on Yardi Matrix

How Shelby City Compares to Other Cities

Average Rent Y-o-Y Change
Charlotte $1,290 3%
Raleigh $1,253 2%
Winston - Salem $944 6%
Durham $1,200 1%
Greensboro $988 8%
Gastonia $966 7%
Shelby $742 n/a
Shelby City $742 n/a
Clover $1,275 5%
Dallas $853 n/a
Gaffney $705 2%

For more information about the Shelby City rental trends, check out our monthly rent report

Check out North Carolina Cities, North Carolina Neighborhoods and North Carolina Zip Codes for more details on verified listings, including the North Carolina Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Shelby City apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.