Rental numbers for Iredell County, NC
The typical home here runs -$1,285 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.3%.
- Gross yield
- 5.3%
- typical home, Zillow
- Median ZIP yield
- 6.3%
- 5 ZIPs with full data
- Cash flow
- -$1,285/mo
- at 7.78%, 25% down
- Typical price
- $384,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,701/mo
- Zillow ZORI, Aug 2026
ZIP codes in Iredell County
8 with published figures
| 28625Statesville | $309,000 | $1,914 | 7.4% | 4.3% | -$569 | +3.2% |
| 28677Statesville | $280,000 | $1,575 | 6.8% | 3.5% | -$688 | +6.7% |
| 28166Troutman | $387,000 | $2,046 | 6.3% | 3.5% | -$970 | +11.6% |
| 28115Mooresville | $403,000 | $2,023 | 6.0% | 2.9% | -$1,181 | +2.2% |
| 28660Olin | $350,000 | $1,250* | 4.3% | 1.6% | -$1,409 | n/a |
| 28634Harmony | $284,000 | $1,010* | 4.3% | 1.4% | -$1,198 | n/a |
| 28689Union Grove | $350,000 | $1,020* | 3.5% | 1.0% | -$1,606 | n/a |
| 28117Mooresville | $631,000 | $1,539 | 2.9% | 0.6% | -$3,074 | +0.5% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.8%
- Rent, 12 months
- +2.0%
- Rent minus price growth
- +1.3 pts
- Property tax
- 0.61%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $312,122 | $1,431 |
| Aug 2022 | $376,293 | $1,573 |
| Aug 2023 | $371,175 | $1,617 |
| Aug 2024 | $378,679 | $1,651 |
| Aug 2025 | $381,466 | $1,667 |
| Aug 2026 | $384,479 | $1,701 |
HUD Fair Market Rent
FY2027, Iredell County, NC HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,260 | $1,313 | $1,429 | $1,897 | $2,389 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 19.3
- 1,470 units, last 12 months
- National percentile
- 89th
- among US counties
Tools
Test a listing in Iredell County against today's rate.
Open the calculatorPart of the Charlotte, NC metro.
Questions
- Is Iredell County good for rental property?
- The typical home here runs -$1,285 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Iredell County?
- About 0.61% of value, from Census ACS median taxes paid over median home value. On a $384,000 home that is about $2,334 a year.
- What is Fair Market Rent in Iredell County?
- HUD's FY2027 Fair Market Rent here is $1,313 for a 1-bedroom, $1,429 for a 2-bedroom and $1,897 for a 3-bedroom. Typical cash flow at today's rate is -$1,285 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.