Concord Ridge Apartments
3635 Coventry Commons Ave SW,
Concord, NC 28027
1-3 Beds | $1,170 - $2,322
Rental Market Trends in Concord, NC
What is the average rent in Concord, NC?
$1,334/month
Average Rent
695 Sq Ft
Average Apartment Size
+0%
Increase in the Last Year
As of March 2025, the average rent in Concord, NC is $1,334 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Concord rent prices are 14% lower than the national average. When you rent an apartment in Concord, you can expect to pay about $1,153 per month for a studio, $1,334 for a one-bedroom apartment, and around $1,553 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,920 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 0%, which averages out to $1 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 2025
Legend
2024
2025
Rent Ranges in Concord, NC
Last Updated March 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
7%
$700 - $1,000/month
47%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
9%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Concord?
Based on current rent prices, Brookwood North, Short Street and Northgate North 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 Concord Mills, Downtown Concord and North Historic Concord .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Concord, NC?
Because the average rent in Concord is $1,334, you’ll want to make about $4,446 per month or $53,352 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
-
-
Two Bedroom
$1,041/month
-
Three Bedroom
$1,275/month
-
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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 2025.
* Percentages may not total 100 due to rounding.