At $1,748/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,748 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($88,367) is $2,209 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,910).
From Zillow's monthly rent index (ZORI) for Shallotte. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Shallotte, NC is majority owner-occupied, has a large retiree population, 23.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Shallotte, NC has changed in 5 years
Median household income climbed from $63,938 to $88,367 between 2021 and 2024, a 38.2% shift. Census counts show Shallotte, NC adding about 580 residents over the five-year window, up 14.3% on net. The renter share has risen from 32.9% to 36.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 25.7% to 23.1% across the same window.
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Can you afford rent in Shallotte on your salary?
At $1,748/mo, how Shallotte rent compares to typical pay (30% rule).
Shallotte rent by bedroom count
Median rent for each apartment size in Shallotte. Click any size for full breakdown.
Tips for renters in Shallotte
Last updated: October 17, 2026
The median rent in Shallotte is $1,748/mo as of October 2026. A studio apartment averages $940/mo while a 2-bedroom runs $1,140/mo. One-bedroom apartments average $1,030/mo and 3-bedroom units go for $1,600/mo.
At 24% of local median household income ($88,367/yr), Shallotte ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Shallotte?
Is rent going up or down in Shallotte?
How does Shallotte rent compare to other cities in North Carolina?
Which nearby cities are cheaper to rent in than Shallotte?
At $1,748/mo, rent takes ~24% of Shallotte's median household income ($88,367/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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