City Report · NC

Statesville

Pop. 29,894·51st most expensive in North Carolina·Rental market data updated monthly for Statesville, NC
Median rent (all units)
$1,765/mo
Year-over-Year
+4.8%
Month-over-Month
+0.2%
vs US Median
-$167
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Statesville · $1,765
More affordable than 56% of US cities · National median $1,932/mo
Rent Reality Score
55/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Statesville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,765/mo
Expected by trend
$1,806/mo
The Rent Reality Score compares today's median rent to where Statesville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,005
1 BR
$1,045
2 BR
$1,155
3 BR
$1,590
4 BR+
$1,935
Fair Market Rent (HUD)
$1,155/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,765 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Statesville is at its highest level since Zillow's records here began in March 2022.

Past year vs. the rest of North Carolina

Rent in Statesville changed +4.8% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($52,880) is $1,322 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,155); a 3-bedroom is $1,590.

Cheaper nearby

Newton, 22 miles away, rents for 24% less ($1,348/mo), about $5,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Statesville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,180/yr
At $1,765/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.8% YoY, +0.2% MoM), not inventory.
Rent check

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Demographics

Who lives here

Statesville, NC is roughly split between renters and owners, has a median income below the national average, 26.9% of residents hold a bachelor's degree or higher.

Population
29,894
Median income
$52,880
Median age
37.1
Renters
48.4%
Age distribution
22.5%
25.4%
24.4%
16.3%
Under 1822.5%
18–3425.4%
35–5424.4%
55–6411.4%
65+16.3%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
52.7%
26.1%
14.9%
White52.7%
Black26.1%
Hispanic14.9%
Asian1.8%
Other4.4%
Education (25+)
13%
28.5%
31.5%
26.9%
No HS diploma13%
HS diploma28.5%
Some college31.5%
Bachelor's+26.9%
Housing tenure
51.6%
48.4%
Owner51.6%
Renter48.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Statesville, NC has changed in 5 years

Rent
$1,417 → $1,765
up 24.6%
Income
$43,497 → $52,880
up 21.6%
Population
27,777 → 29,894
up 7.6%
Renter share
46.3% → 48.4%
+2.1 pts
Bachelor's+
26.8% → 26.9%
+0.1 pts
Median age
38.9 → 37.1
-1.8 yrs

The median rent in Statesville, NC stood at $1,417 in 2022 and currently runs about $1,765, reflecting a 24.6% increase over the period. Household income in the area moved from $43,497 to $52,880 across the same window, up 21.6% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 7.6% since 2021, moving from about 27,777 residents to roughly 29,894. Renters now make up 48.4% of households, compared with 46.3% five years ago. Reading these numbers side by side helps frame whether current listings in Statesville, NC look reasonable against where the market sat half a decade ago.

Community

Discussions about Statesville

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View Statesville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Statesville on your salary?

At $1,765/mo, how Statesville rent compares to typical pay (30% rule).

By apartment size

Statesville rent by bedroom count

Median rent for each apartment size in Statesville. Click any size for full breakdown.

Local insights

Tips for renters in Statesville

About renting in Statesville, NC

Last updated: October 17, 2026

The median rent in Statesville is $1,765/mo as of October 2026. A studio apartment averages $1,005/mo while a 2-bedroom runs $1,155/mo. One-bedroom apartments average $1,045/mo and 3-bedroom units go for $1,590/mo.

At 40% of local median household income ($52,880/yr), Statesville ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Statesville?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,765/mo in Statesville. The local median household income is $52,880/yr, so the typical household falls short of that bar.

Is rent going up or down in Statesville?

Rent in Statesville has risen 4.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2022.

Which Statesville neighborhoods have the lowest rent?

The most affordable ZIP codes in Statesville are 28677 ($1,542/mo), and 28625 ($1,977/mo). Citywide, the median rent is $1,765/mo.

How does Statesville rent compare to other cities in North Carolina?

Statesville is in the middle among North Carolina cities for rent, ranking #51 of 129 tracked cities at $1,765/mo. Over the year to September 2026, rent in Statesville changed +4.8%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.

Which nearby cities are cheaper to rent in than Statesville?

Nearby cities with lower median rent than Statesville ($1,765/mo) include Mooresville ($1,675/mo).
Income Affordability
40%
MODERATE

At $1,765/mo, rent takes ~40% of Statesville's median household income ($52,880/yr). The standard benchmark is 30%.

Statesville 40%Benchmark 30%
State income tax4.5%
Run the Statesville affordability calculator →
Lowest-rent ZIP codes in Statesville
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Statesville, NC

Recent submissions

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