Cheap Apartments for Rent in Shelby, NC from $500 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Shelby.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
Chamberlain Pines
Studio to 3 Bedroom Apartments

Chamberlain Pines

1121-1126 Scottsdale DrShelby, NC 28150

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
Showing Results 1-39, Page 1 of 1

Shelby, NC Local Guide

Cheapest Neighborhoods for Apartments in Shelby, NC

Pricing Updated: 07/31/2026

Current apartment rentals in the Shelby, NC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Shelby Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Uptown Shelby$1,562$90514

Cheapest Available Shelby Apartments for Rent

 

The cheapest available apartment rental in Shelby, NC is a 2 Beds unit found at SH101-College Road Apartments (RCA) in the Cleveland County neighborhood priced from $800. The Pointe on Lafayette in the Cleveland County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SH101-College Road Apartments (RCA)2BR/1.0BA2BR,1BA$800
The Pointe on LafayetteOne Month Free + $50 App Fee Refunded at The Po...1BR,1BA$925
Caitlin StationTwo Bedroom2BR,1BA$967
Marion RidgeSweet Birch1BR,1BA$1,015
Northway at Sedgefield1BR/1.0BA1BR,1BA$1,025
Washington Square ApartmentsThree Bedroom3BR,2BA$1,245
Crown RidgeThe Lancaster2BR,2BA$1,275
Palisades at Hickory CreekDogwood1BR,1BA$1,295

Best Value Apartments for Rent in Shelby, NC

As of July 31, 2026 the best value apartment in the Shelby area is the $1.13 price per square foot Three Bedroom Model at Washington Square Apartments in the in the Cleveland County neighborhood starting from $1,245. The second greatest value Shelby apartment is the Two Bedroom Model at Caitlin Station starting at $967 with a $1.10 price per square foot in the Cleveland County neighborhood. Here is today’s list of the best values for Shelby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Washington Square ApartmentsThree Bedroom3BR,2BA$1.13
Caitlin StationTwo Bedroom2BR,1BA$1.10
Crown RidgeThe Lancaster2BR,2BA$1.52
The Pointe on LafayetteOne Month Free + $50 App Fee Refunded at The Po...1BR,1BA$1.16
Palisades at Hickory CreekDogwood1BR,1BA$1.66
SH101-College Road Apartments (RCA)2BR/1.0BA2BR,1BA$1.14
Northway at Sedgefield1BR/1.0BA1BR,1BA$1.51
Marion RidgeSweet Birch1BR,1BA$1.69
1010 Sue Ln, Unit 11010 Sue LnStudio ,1BA$4.15

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Best Local Schools in
Shelby, NC

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Shelby, NC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Shelby, NC

View Map
Shelby, NC Apartments Map
View Map
Shelby, NC Rental Homes Map

Frequently Asked Questions about Cheap Shelby Apartments

How much is rent for a Cheap One Bedroom Shelby Apartment?

The lowest price for a Cheap One Bedroom Shelby Apartment is $925 at The Pointe on Lafayette.

What is the lowest price for a Cheap Two Bedroom Shelby Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shelby is starting from $800 at SH101-College Road Apartments (RCA).

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.