Average Rent in Kannapolis, NC

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Current Versus Historical Kannapolis, NC Rents

Kannapolis rentals average $1,295 for a 2-bedroom rental to $2,700 for a 4-bedroom rental. The median price of all currently available listings is $1,838, 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 $148 (8.00%) year-over-year from $1,850 to $1,998. 1-bedroom rentals prices have decreased by $267 (-21.14%) year-over-year from $1,262 to $995. 2-bedroom rentals prices have increased by $136 (11.66%) year-over-year from $1,163 to $1,299. 3-bedroom rentals prices have increased by $134 (7.91%) year-over-year from $1,695 to $1,829. 4-bedroom rentals prices have decreased by $648 (-19.36%) year-over-year from $3,348 to $2,700. 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 8.05% this month. 2-bedroom rents have gone up by 1.38% this month. 3-bedroom rents have gone up by 5.95% this month. 4-bedroom rents have gone down by 0.92% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$1.50	$1,299	$1,163 (11.66%)	$1,033 (25.71%)
3 BR	$1.29	$1,829	$1,695 (7.91%)	$1,520 (20.36%)
4+ BR	$1.54	$2,700	$3,348 (-19.36%)	$1,912 (41.24%)

Historical Rents in Kannapolis, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Kannapolis

There are a total of 2 cities nearby Kannapolis. The average rent in Kannapolis is currently $1,883 per month. Our records show that Mooresville, NC, with an average rent of $1,855, is the most affordable city nearby. In contrast, the most expensive city near Kannapolis, NC is Concord, NC. Monthly rents here are on average $1,910 per month.

Let's compare Kannapolis, NC's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Kannapolis, NC are about 7.05% more affordable. Finally, rent for three bedrooms are about 4.20% more affordable. Want more information? Check out the top 2 cities near Kannapolis, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
Mooresville, NC	N/A	$1,165	$1,500	$1,855
Concord, NC	N/A	$950	$1,273	$1,910

Top Neighborhoods Near Kannapolis

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Kannapolis

The average rent for rentals in these counties is $1,950. That's roughly around $1 per sqft. The county that is the most affordable is Cabarrus, NC. It's average rent per month is $1,950. Vice versa, with an average rent of $1,950, Cabarrus, NC is the most expensive county by Kannapolis, NC.

In comparison, rent for one bedroom listings in Kannapolis, NC is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Kannapolis, NC is on par with the 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	$1,295	$1,950

Top Zipcodes Near Kannapolis

There are a total of 4 zipcodes in or near Kannapolis, NC. The average rent for all of these zipcodes is $2,025.

The following chart includes the top 4 zipcodes in Kannapolis, NC. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
28269, Charlotte, NC	N/A	$1,331	$1,675	$2,000
28262, Charlotte, NC	N/A	$1,409	$1,707	$2,100
28027, Cabarrus County, NC	N/A	N/A	$1,820	$2,050
28216, Mecklenburg County, NC	N/A	N/A	$1,500	$1,948

Frequently Asked Questions - Kannapolis Average Rents

What is the average rent price in Kannapolis, NC?

The average monthly rental price for Kannapolis, NC apartments for rent is approximately $1,838. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Kannapolis, 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 Kannapolis, NC.

How much is a studio apartment in Kannapolis, 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 Kannapolis.

How much is a one bedroom apartment in Kannapolis, 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 Kannapolis.

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

The average monthly rental price for two bedroom apartments is $1,295 and an average price per square feet of $1.50. There are a total of 9 two bedroom apartment listings currently available for rent in Kannapolis.

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

Rent prices for rentals in Kannapolis, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by -0.21%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in Kannapolis, NC?

A reasonable rent price in Kannapolis, NC is around $1,470/month. You can search for these reasonably priced rental listings on RentHop.