Shelby City, NC Rental Market Trends
Highlights
The average rent for an apartment in Shelby City is $739, a 11% increase compared to the previous year, when the average rent was $664.
Average Rent in Shelby City, NC
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $739 | 11% | 840 sq. ft. |
The average size for a Shelby City, NC apartment is 840 square feet, but this number varies greatly depending on apartment type. 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
- < $5008%
- $501-$70029%
- $701-$1,00061%
- $1,001-$1,5002%
Shelby City, NC Occupied Housing Units
- Renter-occupied Households33%
- Owner-occupied Households66%
792 or 33% of the households in Shelby City, NC are renter-occupied while 1,605 or 66% are owner-occupied.
Shelby City, NC Rent Trends
| Average Rent | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|
| Shelby City, NC | $618 | $629 | $639 | $639 | $664 | $674 | $699 | $739 |
| National | $1,381 | $1,383 | $1,386 | $1,421 | $1,430 | $1,434 | $1,470 | $1,476 |
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How Does Shelby City Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Shelby | $739 | 11% |
| Shelby City | $739 | 11% |
| Boiling Springs | $752 | 14% |
| Kings Mountain | $695 | 12% |
For more information about the Shelby City rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
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 ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.