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Rental Market Trends in Concord, NC

Updated July 2026

The average rent in Concord, NC is $1,326/month.

Rent in Concord is 20% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,326/month

Average Rent

716 Sq Ft

Average Size

+1%

Change / Year

2,133

Available Apartments

Concord rent varies by unit size and layout:

  • Studio apartments in Concord average $1,143 per month.
  • One-bedroom apartments in Concord average $1,326 per month.
  • Two-bedroom apartments in Concord average $1,552 per month.
  • Three-bedroom apartments in Concord average $1,959 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,143/month
433 Sq Ft
One Bedroom
$1,326/month
716 Sq Ft
Two Bedroom
$1,552/month
1,061 Sq Ft
Three Bedroom
$1,959/month
1,352 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$823/month
868 Sq Ft
Two Bedroom
$1,489/month
877 Sq Ft
Three Bedroom
$2,024/month
1,530 Sq Ft
Four Bedroom
$2,550/month
2,290 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,553/month
799 Sq Ft
Three Bedroom
$2,034/month
1,371 Sq Ft
View Concord Apartments

How much has average rent changed in Concord, NC?

In the past year, rent has increased by 1%, which averages out to $14 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Concord, NC

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Concord, NC
Percentage*
Rent Range
2% Below $700/month
7% $700 - $1,000/month
45% $1,001 - $1,500/month
37% $1,501 - $2,000/month
10% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Concord?

Based on current rent prices, Cabarrus Country Club, North Historic Concord and Downtown Concord are the most affordable neighborhoods in Concord.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cabarrus Country Club
$1,373/month
764 Sq Ft
North Historic Concord
$1,567/month
709 Sq Ft
Downtown Concord
$1,571/month
705 Sq Ft
Concord Mills
$1,572/month
791 Sq Ft

What are the most expensive neighborhoods in Concord?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Concord Mills
$1,572/month
791 Sq Ft
Downtown Concord
$1,571/month
705 Sq Ft
North Historic Concord
$1,567/month
709 Sq Ft
Cabarrus Country Club
$1,373/month
764 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Concord
$1,571/month
705 Sq Ft
North Historic Concord
$1,567/month
709 Sq Ft
Concord Mills
$1,572/month
791 Sq Ft
Cabarrus Country Club
$1,373/month
764 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 $1,326, you’ll want to make about $4,420 per month or $53,040 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

2,133 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.

View the Concord Area Guide

Apartment Averages

Cabarrus Country Club

Concord, NC

Concord Mills

Concord, NC

Studio
-
$1,345/month
One Bedroom
$1,371/month
$1,374/month
Two Bedroom
$1,671/month
$1,560/month
Three Bedroom
$1,942/month
$1,968/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Kannapolis

    Kannapolis

  • China Grove

    China Grove

  • Huntersville

    Huntersville

Apartment Communities in Concord We Think You'll Love

Concord Ridge Apartments

Concord Ridge Apartments

3635 Coventry Commons Ave SW,
Concord, NC 28027

1-3 Beds | $1,209 - $1,684

The Villas at Rocky River

The Villas at Rocky River

1215 Silver Stream Dr SW,
Concord, NC 28025

1-3 Beds | $1,225 - $1,815

The Elliott

The Elliott

4600 Mba Ct,
Concord, NC 28027

1-3 Beds | $1,360 - $2,375

Graces Reserve

Graces Reserve

900 Graces Reserve Cir,
Kannapolis, NC 28083

1-3 Beds | $1,399 - $1,991

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Frequently Asked Questions

What is the average rent in Concord?

The average rent in Concord is $1,326 per month, which is 20.2% lower than the national average of $1,662.

What is the average rent for a house in Concord?

The average rent for a house in Concord, NC is $2,024 per month.

What is the average rent for a townhome in Concord?

The average rent for a townhome in Concord, NC is $1,553 per month.

Are rents going up or down in Concord?

Rents in Concord, NC are increasing, with prices up 1.0% year-over-year and $14 more per month.

What rent range is most common in Concord?

In Concord, NC, 45% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity