Comptroveby RentSpire

Drexel Apartments

500 NORTH MAIN ST, Drexel, NC, 28619

Market rate 500 units (unit count basis: listing-reported) Built 1986 FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $945. Average effective rent: $945.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$944$944not observed4
2 bedroom$949$949not observed1

HUD Fair Market Rent gap

HUD area: Hickory-Lenoir-Morganton, NC MSA.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://greatwesternmanagement.com/our-properties/drexel-apartments — 5 observation(s), last observed Jul 28, 2026.

Data age: 20 days. Last observed: Jul 28, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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