The Elliott
4600 Mba Ct,
Concord, NC 28027
1-3 Beds | $1,455 - $1,960
Rental Market Trends in Concord, NC
What is the average rent in Concord, NC?
$1,310/month
Average Rent
688 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
As of December 2024, the average rent in Concord, NC is $1,310 per month. This is 16% lower than the national average rent of $1,560/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 $1,166 per month for a studio, $1,310 for a one-bedroom apartment, and around $1,542 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,862 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 increased by 1.1%, which averages out to $15 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 December 2024
Legend
2023
2024
Rent Ranges in Concord, NC
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
8%
$700 - $1,000/month
48%
$1,001 - $1,500/month
31%
$1,501 - $2,000/month
10%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Concord?
Based on current rent prices, Logan, Brookwood North and Cabarrus Country Club 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, North Historic Concord, Downtown 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 $1,310, you’ll want to make about $4,366 per month or $52,392 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
-
-
One Bedroom
$481/month
-
Two Bedroom
$874/month
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Concord we think you'll love
Property Management Companies in Concord, NC
Morgan Properties
-
314
Communities
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94,821
Units
-
192
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4 Communities in Concord
Friedlam Partners LLC
-
57
Communities
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10,819
Units
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20
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4 Communities in Concord
Hawthorne Residential Partners
-
255
Communities
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61,944
Units
-
116
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3 Communities in Concord
AM Realty, LLC
-
33
Communities
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1,625
Units
-
15
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3 Communities in Concord
Southwood Realty Company
-
102
Communities
-
24,627
Units
-
58
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2 Communities in Concord
American Landmark
-
103
Communities
-
32,199
Units
-
57
Cities
2 Communities in Concord
Weinstein Properties
-
61
Communities
-
20,547
Units
-
34
Cities
2 Communities in Concord
Apartment Dynamics
-
36
Communities
-
5,556
Units
-
22
Cities
2 Communities in Concord
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Methodology
† 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.
* Percentages may not total 100 due to rounding.