Graces Reserve
900 Graces Reserve Cir,
Kannapolis, NC 28083
1-3 Beds | $1,430 - $2,396
Rental Market Trends in Kannapolis, NC
Updated July 2026
The average rent in Kannapolis, NC is $1,354/month.
Rent in Kannapolis is 19% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,354/month
Average Rent
727 Sq Ft
Average Size
-2.3%
Change / Year
805
Available Apartments
Kannapolis rent varies by unit size and layout:
- Studio apartments in Kannapolis average $1,128 per month.
- One-bedroom apartments in Kannapolis average $1,354 per month.
- Two-bedroom apartments in Kannapolis average $1,601 per month.
- Three-bedroom apartments in Kannapolis average $1,723 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Kannapolis, NC?
In the past year, rent has decreased by 2.3%, which averages out to $31 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Kannapolis, NC
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
60%
$1,001 - $1,500/month
25%
$1,501 - $2,000/month
10%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Kannapolis?
Based on current rent prices, Old Earnhardt, Northlight and Downtown Kannapolis 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, Northlight and Old Earnhardt 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 Downtown Kannapolis, Old Earnhardt 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 $1,354, you’ll want to make about $4,513 per month or $54,156 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.
View the Kannapolis Area GuideStudio
-
$1,305/month
One Bedroom
$1,216/month
$1,487/month
Two Bedroom
$1,459/month
$1,618/month
Three Bedroom
$1,864/month
$2,726/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Kannapolis?
The average rent in Kannapolis is $1,354 per month, which is 18.6% lower than the national average of $1,663.
What is the average rent for a house in Kannapolis?
The average rent for a house in Kannapolis, NC is $2,038 per month.
What is the average rent for a townhome in Kannapolis?
The average rent for a townhome in Kannapolis, NC is $1,427 per month.
Are rents going up or down in Kannapolis?
Rents in Kannapolis, NC are decreasing, with prices down 2.3% year-over-year and $31 less per month.
What rent range is most common in Kannapolis?
In Kannapolis, NC, 60% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.