Graces Reserve
900 Graces Reserve Cir,
Kannapolis, NC 28083
$1,390 - $2,530
1-3 Beds
Rental Market Trends in Kannapolis, NC
What is the average rent in Kannapolis, NC?
$1,366/month
Average Rent
761 Sq Ft
Average Apartment Size
+1.8%
Increase in the Last Year
As of March 2026, the average rent in Kannapolis, NC is $1,366 per month. This is 16% lower than the national average rent of $1,626/month, making renting in Kannapolis more affordable than most cities in the US. When you rent an apartment in Kannapolis, you can expect to pay about $1,141 per month for a studio, $1,366 for a one-bedroom apartment, and around $1,618 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,753 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 Kannapolis, NC?
In the past year, rent has increased by 1.8%, which averages out to $24 more 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
Rent Ranges in Kannapolis, NC
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
53%
$1,001 - $1,500/month
37%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Kannapolis?
Based on current rent prices, Northlight, Old Earnhardt and Kellswater Commons are the most affordable neighborhoods in Kannapolis.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Kannapolis?
Based on current rent prices, Downtown Kannapolis, Kellswater Commons and Northlight are the most expensive neighborhoods in Kannapolis.
Neighborhood
Average Rent
Average Sq Ft
Which Kannapolis neighborhoods have the most rentals available?
The neighborhoods in Kannapolis with the most apartments available are Kellswater Commons, Downtown Kannapolis and Northlight .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Kannapolis, NC?
Because the average rent in Kannapolis is $1,366, you’ll want to make about $4,553 per month or $54,636 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 Kannapolis, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Kannapolis, 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
-
$1,195/month
One Bedroom
-
$1,593/month
Two Bedroom
-
$1,633/month
Three Bedroom
-
$2,289/month
Nearby City Rent Trends
Apartment communities in Kannapolis we think you'll love
Property Management Companies in Kannapolis, NC
Apartment Dynamics
-
47
Communities
-
6,854
Units
-
25
Cities
3 Communities in Kannapolis
Morgan Properties
-
392
Communities
-
108,513
Units
-
240
Cities
2 Communities in Kannapolis
Redwood Living
-
143
Communities
-
18,965
Units
-
116
Cities
2 Communities in Kannapolis
Hawthorne Residential Partners
-
249
Communities
-
59,866
Units
-
111
Cities
2 Communities in Kannapolis
Peak Capital Partners
-
74
Communities
-
12,723
Units
-
61
Cities
2 Communities in Kannapolis
Greystar
-
3,473
Communities
-
956,298
Units
-
897
Cities
1 Community in Kannapolis
Highmark Residential
-
210
Communities
-
60,667
Units
-
116
Cities
1 Community in Kannapolis
Pegasus Residential
-
194
Communities
-
46,866
Units
-
110
Cities
1 Community in Kannapolis
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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.