Graces Reserve Luxury Apartments
900 Graces Reserve Cir,
Kannapolis, NC 28083
1-3 Beds | $1,269 - $1,950
Rental Market Trends in Kannapolis, NC
What is the average rent in Kannapolis, NC?
$1,345/month
Average Rent
757 Sq Ft
Average Apartment Size
-3.9%
Decrease in the Last Year
As of April 2025, the average rent in Kannapolis, NC is $1,345 per month. For comparison, the national average rent price in the US is currently $1,575/month, which means Kannapolis rent prices are 15% lower than the national average. When you rent an apartment in Kannapolis, you can expect to pay about $1,107 per month for a studio, $1,345 for a one-bedroom apartment, and around $1,566 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,819 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 decreased by 3.9%, which averages out to $52 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Kannapolis, NC
Last Updated April 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
56%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Kannapolis?
Based on current rent prices, Jamestown, Northlight and Old Earnhardt 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, Midway East 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 Downtown Kannapolis, Midway East and Jamestown .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Kannapolis, NC?
Because the average rent in Kannapolis is $1,345, you’ll want to make about $4,483 per month or $53,796 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
-
$1,198/month
One Bedroom
$895/month
$1,536/month
Two Bedroom
-
$1,614/month
Three Bedroom
-
$2,636/month
Nearby City Rent Trends
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Apartment Dynamics
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41
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6,236
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23
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41
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Morgan Properties
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315
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Hawthorne Residential Partners
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262
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Redwood Living
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127
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16,610
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106
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Friedlam Partners LLC
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59
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11,084
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22
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Greystar
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3,211
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892,498
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830
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1 Community in Kannapolis
Highmark Residential
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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.