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Rental Market Trends in Concord, NC

What is the average rent in Concord, NC?

$1,307/month

Average Rent

701 Sq Ft

Average Apartment Size

-2.4%

Decrease in the Last Year

As of March 2026, the average rent in Concord, NC is $1,307 per month. This is 20% lower than the national average rent of $1,626/month, making renting in Concord more affordable than most cities in the US. When you rent an apartment in Concord, you can expect to pay about $1,308 per month for a studio, $1,307 for a one-bedroom apartment, and around $1,538 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,890 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,308/month
504 Sq Ft
One Bedroom
$1,307/month
701 Sq Ft
Two Bedroom
$1,538/month
1,059 Sq Ft
Three Bedroom
$1,890/month
1,339 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$990/month
613 Sq Ft
Two Bedroom
$1,447/month
944 Sq Ft
Three Bedroom
$1,948/month
1,462 Sq Ft
Four Bedroom
$2,476/month
2,371 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,685/month
1,164 Sq Ft
Three Bedroom
$2,021/month
1,578 Sq Ft

How much has average rent changed in Concord, NC?

In the past year, rent has decreased by 2.4%, which averages out to $30 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Concord, NC
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Concord, NC
Percentage*
Rent Range
4% Below $700/month
5% $700 - $1,000/month
51% $1,001 - $1,500/month
32% $1,501 - $2,000/month
9% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Concord?

Based on current rent prices, Settler's Landing, Century Afton Ridge and Cabarrus Country Club are the most affordable neighborhoods in Concord.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Settler's Landing
$1,190/month
576 Sq Ft
Century Afton Ridge
$1,389/month
784 Sq Ft
Cabarrus Country Club
$1,412/month
767 Sq Ft
North Historic Concord
$1,504/month
668 Sq Ft
Christenbury Chase
$1,539/month
809 Sq Ft
Downtown Concord
$1,549/month
670 Sq Ft
Concord Mills
$1,610/month
797 Sq Ft

What are the most expensive neighborhoods in Concord?

Based on current rent prices, Concord Mills, Downtown Concord and Christenbury Chase are the most expensive neighborhoods in Concord.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Concord Mills
$1,610/month
797 Sq Ft
Downtown Concord
$1,549/month
670 Sq Ft
Christenbury Chase
$1,539/month
809 Sq Ft
North Historic Concord
$1,504/month
668 Sq Ft
Cabarrus Country Club
$1,412/month
767 Sq Ft
Century Afton Ridge
$1,389/month
784 Sq Ft
Settler's Landing
$1,190/month
576 Sq Ft

Which Concord neighborhoods have the most rentals available?

The neighborhoods in Concord with the most apartments available are Concord Mills, Christenbury Chase and Downtown Concord .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Concord Mills
$1,610/month
797 Sq Ft
Christenbury Chase
$1,539/month
809 Sq Ft
Downtown Concord
$1,549/month
670 Sq Ft
North Historic Concord
$1,504/month
668 Sq Ft
Settler's Landing
$1,190/month
576 Sq Ft
Cabarrus Country Club
$1,412/month
767 Sq Ft
Century Afton Ridge
$1,389/month
784 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Concord, NC?

Because the average rent in Concord is $1,307, you’ll want to make about $4,356 per month or $52,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Concord, NC

2,015 Available Apartments for Rent

Search for Nearby Apartments

How does Concord, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Concord, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Concord, NC

Apartment Averages

Settler's Landing

Concord, NC

Concord Mills

Concord, NC

Studio
-
$1,304/month
One Bedroom
-
$1,403/month
Two Bedroom
-
$1,542/month
Three Bedroom
-
$1,765/month
Search
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Nearby City Rent Trends

  • Kannapolis Average Rent
  • Mount Pleasant Average Rent
  • Huntersville Average Rent

Apartment communities in Concord we think you'll love

Concord Ridge Apartments

Concord Ridge Apartments

3635 Coventry Commons Ave SW,
Concord, NC 28027

$1,159 - $2,196

1-3 Beds

The Elliott

The Elliott

4600 Mba Ct,
Concord, NC 28027

$1,430 - $2,120

1-3 Beds

Graces Reserve

Graces Reserve

900 Graces Reserve Cir,
Kannapolis, NC 28083

Call for Rent

1-3 Beds

Creek Mill Apartments

Creek Mill Apartments

11111 Mill Spring Ln,
Concord, NC 28027

$1,375 - $2,900

1-3 Beds

Property Management Companies in Concord, NC

Morgan Properties
Morgan Properties
  • 391

    Communities

  • 108,253

    Units

  • 240

    Cities

4 Communities in Concord
Greystar
Greystar
  • 3,465

    Communities

  • 953,918

    Units

  • 894

    Cities

3 Communities in Concord
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 249

    Communities

  • 59,846

    Units

  • 111

    Cities

2 Communities in Concord
Pegasus Residential
Pegasus Residential
  • 194

    Communities

  • 46,866

    Units

  • 110

    Cities

2 Communities in Concord
Arlington Properties
Arlington Properties
  • 121

    Communities

  • 29,418

    Units

  • 72

    Cities

2 Communities in Concord
Peak Capital Partners
Peak Capital Partners
  • 74

    Communities

  • 12,723

    Units

  • 61

    Cities

2 Communities in Concord
Southwood Realty Company
Southwood Realty Company
  • 101

    Communities

  • 24,444

    Units

  • 59

    Cities

2 Communities in Concord
American Landmark
American Landmark
  • 87

    Communities

  • 27,676

    Units

  • 49

    Cities

2 Communities in Concord

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United States North Carolina Concord Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity