Average Rent in Cabarrus, NC

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Current Versus Historical Cabarrus, NC Rents

Cabarrus rentals average $950 for a 1-bedroom rental to $2,598 for a 4-bedroom rental. The median price of all currently available listings is $1,985, 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 increased by $2,586 (165.39%) year-over-year from $1,563 to $4,149. 1-bedroom rentals prices have decreased by $249 (-20.47%) year-over-year from $1,218 to $969. 2-bedroom rentals prices have increased by $35 (2.77%) year-over-year from $1,265 to $1,300. 3-bedroom rentals prices have increased by $113 (6.14%) year-over-year from $1,833 to $1,945. 4-bedroom rentals prices have increased by $115 (4.64%) year-over-year from $2,480 to $2,595. 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 up by 0.66% this month. 2-bedroom rents have gone up by 0.26% this month. 3-bedroom rents have gone up by 4.10% this month. 4-bedroom rents have gone down by 1.32% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.33 $969 $1,218 (-20.47%) $958 (1.11%)
2 BR $1.27 $1,300 $1,265 (2.77%) $1,175 (10.64%)
3 BR $1.28 $1,945 $1,833 (6.14%) $1,630 (19.35%)
4+ BR $1.08 $2,595 $2,480 (4.64%) $2,058 (26.09%)

Historical Rents in Cabarrus, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Cabarrus

There are a total of 4 cities nearby Cabarrus. The average rent in Cabarrus 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 Cabarrus, NC is Charlotte, NC. Monthly rents here are on average $2,050 per month.

Let's compare Cabarrus, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 16.13% more affordable. Two bedrooms in Cabarrus, NC are about 6.23% more affordable. Finally, rent for three bedrooms are about 1.06% more expensive. Want more information? Check out the top 4 cities near Cabarrus, NC in the following chart.
City Studio 1 Bed 2 Bed All
Concord, NC N/A $935 $1,275 $1,890
Kannapolis, NC N/A N/A $1,300 $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 Cabarrus



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Cabarrus

Some of these counties include Catawba, NC, Gaston, NC, and York, SC. The average rent for rentals in these counties is $1,929. That's roughly around $1 per sqft. A total of 4 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 Cabarrus, NC.

In comparison, rent for one bedroom listings in Cabarrus, NC is 19.74% more affordable than other counties nearby. Finally, rent for two bedrooms in Cabarrus, NC is 15.19% more affordable 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
Mecklenburg, NC $1,849 $1,550 $1,873 $2,100
Union, NC N/A $1,100 $1,750 $2,150

Top Zipcodes Near Cabarrus

There are a total of 9 zipcodes in or near Cabarrus, NC. The average rent for all of these zipcodes is $2,020. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 28208, Charlotte, NC at $1,800 per month. In comparison, the zipcode with the most expensive average rent of $2,312 per month is 28203, Charlotte, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Cabarrus, NC is $1,384 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,825 per month. Which comes out to $2 per sqft. The following chart includes the top 9 zipcodes in Cabarrus, 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
28216, Mecklenburg County, NC N/A N/A $1,500 $1,950

Frequently Asked Questions - Cabarrus Average Rents

What is the average rent price in Cabarrus, NC?
The average monthly rental price for Cabarrus, NC apartments for rent is approximately $1,985. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Cabarrus, 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 Cabarrus, NC.
How much is a studio apartment in Cabarrus, 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 Cabarrus.
How much is a one bedroom apartment in Cabarrus, NC?
The average monthly rental price for one bedroom apartments is $950 and an average price per square feet of $1.33. There are a total of 9 one bedroom apartment listings currently available for rent in Cabarrus.
How much is a two bedroom apartment in Cabarrus, NC?
The average monthly rental price for two bedroom apartments is $1,300 and an average price per square feet of $1.27. There are a total of 16 two bedroom apartment listings currently available for rent in Cabarrus.
How have rent prices in Cabarrus, NC changed this year?
Rent prices for rentals in Cabarrus, NC can fluctuate yearly. Specifically, studio rental prices have changed by 1.65%, one bedroom rental prices have changed by -0.20%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Cabarrus, NC?
A reasonable rent price in Cabarrus, NC is around $1,588/month. You can search for these reasonably priced rental listings on RentHop.
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