Concord Ridge Apartments
3635 Coventry Commons Ave SW,
Concord, NC 28027
$1,340 - $2,005
1-3 Beds
Rental Market Trends in Concord, NC
What is the average rent in Concord, NC?
$1,312/month
Average Rent
716 Sq Ft
Average Apartment Size
-0.5%
Decrease in the Last Year
As of June 2026, the average rent in Concord, NC is $1,312 per month. This is 20% lower than the national average rent of $1,644/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 $1,211 per month for a studio, $1,312 for a one-bedroom apartment, and around $1,563 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,922 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Concord, NC?
In the past year, rent has decreased by 0.5%, which averages out to $7 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 June 2026
Legend
2025
2026
Rent Ranges in Concord, NC
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
3%
$700 - $1,000/month
50%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
9%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Concord?
Based on current rent prices, Cabarrus Country Club, Concord Mills and North Historic Concord are the most affordable neighborhoods in Concord.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Concord?
Based on current rent prices, Downtown Concord, North Historic Concord and Concord Mills are the most expensive neighborhoods in Concord.
Neighborhood
Average Rent
Average Sq Ft
Which Concord neighborhoods have the most rentals available?
The neighborhoods in Concord with the most apartments available are Downtown Concord, North Historic Concord and Concord Mills .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Concord, NC?
Because the average rent in Concord is $1,312, you’ll want to make about $4,373 per month or $52,476 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.
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.
Studio
-
$1,343/month
One Bedroom
$1,388/month
$1,420/month
Two Bedroom
$1,631/month
$2,144/month
Three Bedroom
$1,869/month
-
Nearby City Rent Trends
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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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.