Rentometer, Inc. | Data as of 12/04/2025
Concord’s rental market blends historic charm with modern convenience, offering a diverse array of housing options for professionals, families, and students alike. Apartment living is well represented, with studio units averaging in the $1150s and one‑bedroom apartments typically falling in the $1350 range. Larger floor plans, such as two‑ and three‑bedroom layouts, command average rents in the $1600s and $1800s respectively, while four‑plus bedroom units hover around the $1650 median, making Concord an attractive choice for those seeking spacious multi‑room rentals.
The city’s detached homes provide another compelling segment of the market. One‑bedroom houses are notably affordable, with average rents in the $850 range and median values near $750, reflecting the appeal of low‑maintenance living. Two‑bedroom homes trend toward the $1400 range, while three‑bedroom properties commonly rent in the $1900 bracket. Larger family homes with four or more bedrooms typically see average rents approaching the $2450 mark, offering ample space for growing households and those who value private yard access.
Beyond the numbers, Concord’s neighborhoods contribute to its rental desirability. Historic Downtown features walkable streets, boutique shops, and cultural venues, while the Lake Concord area offers waterfront views and recreational amenities. Proximity to major employers in Cabarrus County, easy access to the I‑85 corridor, and a vibrant community atmosphere make Concord, North Carolina, a well‑rounded destination for renters seeking quality, variety, and a welcoming environment.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,192 | $1,195 | $975 - $1,460 | $1,015 - $1,405 |
| Apartment | 1 Bedroom | $1,311 | $1,321 | $399 - $1,945 | $1,133 - $1,424 |
| Apartment | 2 Bedroom | $1,593 | $1,489 | $1,171 - $2,415 | $1,299 - $1,930 |
| Apartment | 3 Bedroom | $1,938 | $1,900 | $1,535 - $2,825 | $1,695 - $2,025 |
| Apartment | 4+ Bedroom | $1,833 | $1,653 | $1,548 - $2,300 | $1,548 - $2,300 |
| House | 1 Bedroom | $1,063 | $850 | $840 - $1,500 | $840 - $1,500 |
| House | 2 Bedroom | $1,374 | $1,297 | $1,075 - $2,500 | $1,200 - $1,450 |
| House | 3 Bedroom | $1,927 | $1,892 | $1,150 - $3,500 | $1,770 - $2,065 |
| House | 4+ Bedroom | $2,498 | $2,425 | $1,599 - $4,300 | $2,170 - $2,790 |
In the current period, the average rent in Concord was $1,192 for Studio, $1,282 for 1 Bedroom, $1,510 for 2 Bedroom, $1,929 for 3 Bedroom, and $2,326 for 4+ Bedroom.
Data provided by Rentometer, Inc.