Updated 3 Hours Ago
Location
118 N Peterson St, Stanley, NC 28164, USA
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Amenities for 118 N Peterson St
Apartment Amenities
| Air Conditioning | Ceiling Fan |
Appliances
| In-Unit Laundry |
Building
| Roof Type: Shingle |
Other
| Ceiling Fans | Ductless Heating |
| Five Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 118 N Peterson St
Property Status: Active HISTORIC DOWNTOWN STANLEY NC ! This newly renovated one bedroom apartment is located in the heart of downtown Stanley, just a short walk to local restaurants, shopping, parks, and entertainment. This lovely home has new luxury vinyl plank flooring throughout, as well as a new mini-split air conditioning system that can be controlled from your phone. Kitchen has all new stainless steel appliances, upgraded subway tile backsplash and beautiful epoxy countertops with peninsula for dining seating. Spacious bedroom with bathroom new vanity and washer/dryer hookups. Access to the rear porch area from the bedroom for quiet evening lounging. Pets are conditional and must be approved, if approved an additional monthly fee may apply. This apartment includes exterior pest control for a small fee. New Stackable washer/ dryer included $50 per month in addition to the base rent. Don't miss this great opportunity to live in the heart of historic downtown Stanley! Office Phone: (704) 221-0793 Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 118 N Peterson St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 miles away
- Middle school nearby
- There is a middle school 0.6 miles away
Considerations
- Priced higher than average
- 1-bedrooms are $130 more than the median rent in this area
- Distance from grocery stores
- The nearest grocery store is 3.5 miles away
Address details
| Zip code | 28164 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Stanley
Median rents as of Oct 31 2026.
Stanley
| Month | Median Rent |
|---|---|
| November 2024 | $1,232 |
| December 2024 | $1,238 |
| January 2025 | $1,078 |
| February 2025 | $1,050 |
| March 2025 | $1,061 |
| April 2025 | $1,065 |
| May 2025 | $975 |
| June 2025 | $1,002 |
| July 2025 | $1,077 |
| August 2025 | $1,056 |
| September 2025 | $1,027 |
| October 2025 | $995 |
| November 2025 | $1,005 |
| December 2025 | $1,073 |
| January 2026 | $1,037 |
| February 2026 | $1,026 |
| March 2026 | $1,100 |
| April 2026 | $1,200 |
| May 2026 | $1,175 |
| June 2026 | $1,140 |
| July 2026 | $1,016 |
| August 2026 | $1,079 |
| September 2026 | $1,075 |
| October 2026 | $1,044 |
Affordability calculator
Can I afford to live at 118 N Peterson St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.
Schools near 118 N Peterson St
Kiser Elementary School
311 e college st
stanley, NC, 28164
3-5Public
B-
Springfield Primary School
900 s main st
stanley, NC, 28164
PK, K-2Public
B+
Gaston Virtual Academy
1 learning pl
gastonia, NC, 28052
K-12Public
C+
Webb Street Special Education School
1623 n webb st
gastonia, NC, 28052
PK, K-12Public
Renaissance West Steam Academy
3241 new renaissance way
charlotte, NC, 28208
PK, K-8Public
C
Neighborhood
Getting around Stanley near 118 N Peterson St
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
2/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 118 N Peterson St, Stanley
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
3/10
Some shops within a short drive
Cafes
1/10
Few or no cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
1/10
Few or no bars within a short drive
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