Average Rent in Concord, NC

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Current Versus Historical Concord, NC Rents

Concord rentals average $935 for a 1-bedroom rental to $2,390 for a 4-bedroom rental. The median price of all currently available listings is $1,890, 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 $404 (-17.64%) year-over-year from $2,292 to $1,888. 1-bedroom rentals prices have decreased by $163 (-14.52%) year-over-year from $1,123 to $960. 2-bedroom rentals prices have increased by $25 (2.04%) year-over-year from $1,225 to $1,250. 3-bedroom rentals prices have increased by $6 (0.31%) year-over-year from $1,902 to $1,908. 4-bedroom rentals prices have increased by $137 (6.26%) year-over-year from $2,183 to $2,320. 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 0.00% this month. 2-bedroom rents have gone down by 2.09% this month. 3-bedroom rents have gone up by 2.69% this month. 4-bedroom rents have gone down by 7.09% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.30	$960	$1,123 (-14.52%)	$1,039 (-7.67%)
2 BR	$1.28	$1,250	$1,225 (2.04%)	$1,197 (4.46%)
3 BR	$1.23	$1,908	$1,902 (0.31%)	$1,649 (15.65%)
4+ BR	$0.90	$2,320	$2,183 (6.26%)	$2,199 (5.51%)

Historical Rents in Concord, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Concord

There are a total of 3 cities nearby Concord. The average rent in Concord is currently $1,900 per month. Only one city nearby has an average rent lower than that. Our records show that Kannapolis, NC, with an average rent of $1,890, is the most affordable city nearby. In contrast, the most expensive city near Concord, NC is Charlotte, NC. Monthly rents here are on average $2,050 per month.

Let's compare Concord, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 35.99% more affordable. Two bedrooms in Concord, NC are about 14.67% more affordable. Finally, rent for three bedrooms are about 2.23% more affordable. Want more information? Check out the top 3 cities near Concord, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
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 Concord

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Concord

The average rent for rentals in these counties is $2,043. That's roughly around $1 per sqft. The county that is the most affordable is Cabarrus, NC. It's average rent per month is $1,985. Vice versa, with an average rent of $2,100, Mecklenburg, NC is the most expensive county by Concord, NC.

Typically, rent for studios in Concord, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Concord, NC is 33.69% more affordable than other counties nearby. Finally, rent for two bedrooms in Concord, NC is 24.41% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Cabarrus, NC	N/A	$950	$1,300	$1,985
Mecklenburg, NC	$1,849	$1,550	$1,873	$2,100

Top Zipcodes Near Concord

There are a total of 8 zipcodes in or near Concord, NC. The average rent for all of these zipcodes is $2,010.

The following chart includes the top 8 zipcodes in Concord, 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
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 - Concord Average Rents

What is the average rent price in Concord, NC?

The average monthly rental price for Concord, NC apartments for rent is approximately $1,890. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Concord, 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 Concord, NC.

How much is a studio apartment in Concord, 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 Concord.

How much is a one bedroom apartment in Concord, NC?

The average monthly rental price for one bedroom apartments is $935 and an average price per square feet of $1.30. There are a total of 8 one bedroom apartment listings currently available for rent in Concord.

How much is a two bedroom apartment in Concord, NC?

The average monthly rental price for two bedroom apartments is $1,275 and an average price per square feet of $1.28. There are a total of 8 two bedroom apartment listings currently available for rent in Concord.

How have rent prices in Concord, NC changed this year?

Rent prices for rentals in Concord, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.18%, one bedroom rental prices have changed by -0.15%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in Concord, NC?

A reasonable rent price in Concord, NC is around $1,512/month. You can search for these reasonably priced rental listings on RentHop.