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, NC Rental Market Trends
What is the average rent in Shelby?
The average rent for an apartment in Shelby is $764, a 5% increase compared to the previous year, when the average rent was $725.
Average Rent in Shelby, NC
Last updated April 2021
Average Apartment Size
840 sq. ft.
What is the average apartment size in Shelby?
The average size for a Shelby, 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, NC Apartment Rent Ranges
Shelby, NC Occupied Housing Units
3,126 or 39% of the households in Shelby, NC are renter-occupied while 4,887 or 60% are owner-occupied.
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 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.