Average Rent in 28216, Mecklenburg County, NC

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Current Versus Historical 28216, Mecklenburg County, NC Rents

28216 rentals average $1,500 for a 2-bedroom rental to $2,250 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $1 per square feet.

For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $462 (-23.56%) year-over-year from $1,962 to $1,500. 1-bedroom rentals prices have decreased by $380 (-32.22%) year-over-year from $1,180 to $800. 2-bedroom rentals prices have decreased by $45 (-2.88%) year-over-year from $1,545 to $1,500. 3-bedroom rentals prices have increased by $148 (8.57%) year-over-year from $1,732 to $1,880. 4-bedroom rentals prices have increased by $315 (16.25%) year-over-year from $1,935 to $2,250. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 29.12% this month. 2-bedroom rents have gone down by 12.37% this month. 3-bedroom rents have gone up by 0.80% this month. 4-bedroom rents have gone up by 4.84% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$1.47	$1,500	$1,545 (-2.88%)	$1,484 (1.10%)
3 BR	$1.35	$1,880	$1,732 (8.57%)	$1,614 (16.46%)
4+ BR	$1.41	$2,250	$1,935 (16.25%)	$1,706 (31.83%)

Historical Rents in 28216, Mecklenburg County, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 28216

There are a total of 4 cities nearby 28216. The average rent in 28216 is currently $1,895 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Concord, NC, with an average rent of $1,890, is the most affordable city nearby. In contrast, the most expensive city near 28216, Mecklenburg County, NC is Charlotte, NC. Monthly rents here are on average $2,050 per month.

Let's compare 28216, Mecklenburg County, NC's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in 28216, Mecklenburg County, NC are about 7.93% more expensive. Finally, rent for three bedrooms are about 3.84% more affordable. Want more information? Check out the top 4 cities near 28216, Mecklenburg County, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
Kannapolis, NC	N/A	N/A	$1,300	$1,890
Concord, NC	N/A	$935	$1,275	$1,890
Mooresville, NC	N/A	$1,272	$1,462	$1,900
Charlotte, NC	$2,174	$1,551	$1,850	$2,050

Top Neighborhoods Near 28216

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 28216

Some of these counties include Catawba, NC, Gaston, NC, and York, SC. The average rent for rentals in these counties is $1,963. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Catawba, NC. It's average rent per month is $1,550. Vice versa, with an average rent of $2,150, Union, NC is the most expensive county by 28216, Mecklenburg County, NC.

In comparison, rent for one bedroom listings in 28216, Mecklenburg County, NC is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 28216, Mecklenburg County, NC is 6.67% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Catawba, NC	N/A	$1,050	$1,295	$1,550
Gaston, NC	N/A	$1,050	$1,250	$1,558
York, SC	N/A	$1,371	$1,595	$1,895
Iredell, NC	N/A	$1,175	$1,400	$1,963
Cabarrus, NC	N/A	$950	$1,300	$1,985
Mecklenburg, NC	$1,849	$1,550	$1,873	$2,100
Union, NC	N/A	$1,100	$1,750	$2,150

Top Zipcodes Near 28216

There are a total of 8 zipcodes in or near 28216, Mecklenburg County, NC. The average rent for all of these zipcodes is $2,035.

The following chart includes the top 8 zipcodes in 28216, Mecklenburg County, NC. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
28208, Charlotte, NC	N/A	$1,384	$1,650	$1,800
28269, Charlotte, NC	N/A	$1,351	$1,645	$2,020
28277, Charlotte, NC	N/A	$1,620	$1,895	$2,295
28203, Charlotte, NC	N/A	$1,750	$2,400	$2,312
28205, Charlotte, NC	N/A	$1,681	$1,825	$1,988
28202, Charlotte, NC	N/A	$1,640	$2,600	$2,000
28262, Charlotte, NC	N/A	$1,350	$1,703	$2,100
28027, Cabarrus County, NC	N/A	N/A	$1,938	$2,050

Frequently Asked Questions - 28216 Average Rents

What is the average rent price in 28216, Mecklenburg County, NC?

The average monthly rental price for 28216, Mecklenburg County, NC apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 28216, Mecklenburg County, NC rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 28216, Mecklenburg County, NC.

How much is a studio apartment in 28216, Mecklenburg County, NC?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 28216.

How much is a one bedroom apartment in 28216, Mecklenburg County, NC?

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in 28216.

How much is a two bedroom apartment in 28216, Mecklenburg County, NC?

The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $1.47. There are a total of 4 two bedroom apartment listings currently available for rent in 28216.

How have rent prices in 28216, Mecklenburg County, NC changed this year?

Rent prices for rentals in 28216, Mecklenburg County, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.24%, one bedroom rental prices have changed by -0.32%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in 28216, Mecklenburg County, NC?

A reasonable rent price in 28216, Mecklenburg County, NC is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.