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Rental Market Trends in Kannapolis, NC

What is the average rent in Kannapolis, NC?

$1,381/month

Average Rent

758 Sq Ft

Average Apartment Size

-1.2%

Decrease in the Last Year

As of June 2025, the average rent in Kannapolis, NC is $1,381 per month. This is 15% lower than the national average rent of $1,628/month, making renting in Kannapolis more affordable than most cities in the US. When you rent an apartment in Kannapolis, you can expect to pay about $1,165 per month for a studio, $1,381 for a one-bedroom apartment, and around $1,589 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,799 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,165/month
477 Sq Ft
One Bedroom
$1,381/month
758 Sq Ft
Two Bedroom
$1,589/month
1,109 Sq Ft
Three Bedroom
$1,799/month
1,282 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,214/month
546 Sq Ft
Three Bedroom
$1,861/month
1,286 Sq Ft
Four Bedroom
$2,525/month
2,196 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,410/month
450 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,396/month
855 Sq Ft
Three Bedroom
$1,994/month
1,456 Sq Ft

How much has average rent changed in Kannapolis, NC?

In the past year, rent has decreased by 1.2%, which averages out to $16 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Kannapolis, NC
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Kannapolis, NC
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
58% $1,001 - $1,500/month
32% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Kannapolis?

Based on current rent prices, Kellswater Commons and Downtown Kannapolis" are the most affordable neighborhoods in Kannapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Kellswater Commons
$1,442/month
847 Sq Ft
Downtown Kannapolis
$1,953/month
755 Sq Ft

What are the most expensive neighborhoods in Kannapolis?

Based on current rent prices, Downtown Kannapolis and Kellswater Commons" are the most expensive neighborhoods in Kannapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Kannapolis
$1,953/month
755 Sq Ft
Kellswater Commons
$1,442/month
847 Sq Ft

Which Kannapolis neighborhoods have the most rentals available?

The neighborhoods in Kannapolis with the most apartments available are Downtown Kannapolis and Kellswater Commons" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Kannapolis
$1,953/month
755 Sq Ft
Kellswater Commons
$1,442/month
847 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Kannapolis, NC?

Because the average rent in Kannapolis is $1,381, you’ll want to make about $4,603 per month or $55,236 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.

City

Kannapolis, NC

815 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Kannapolis, NC

Apartment Averages

Kellswater Commons

Kannapolis, NC

Downtown Kannapolis

Kannapolis, NC

Loading Results...

Studio
-
$1,316/month
One Bedroom
-
$1,645/month
Two Bedroom
-
$1,664/month
Three Bedroom
-
$2,657/month
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Nearby City Rent Trends

  • Concord Average Rent
  • Huntersville Average Rent
  • Mooresville Average Rent
  • Cornelius Average Rent

Apartment communities in Kannapolis we think you'll love

Graces Reserve Luxury Apartments

Graces Reserve Luxury Apartments

900 Graces Reserve Cir,
Kannapolis, NC 28083

1-3 Beds | $1,450 - $1,950

The Elliott

The Elliott

4600 Mba Ct,
Concord, NC 28027

1-3 Beds | $1,380 - $2,140

The Bridges Of Cabarrus

The Bridges Of Cabarrus

101 Three Mile Loop,
Kannapolis, NC 28083

2-3 Beds | $1,495 - $1,795

The Vive at Kellswater

The Vive at Kellswater

4800 Integra Springs Dr,
Kannapolis, NC 28081

1-3 Beds | $1,212 - $2,149

Property Management Companies in Kannapolis, NC

Apartment Dynamics
Apartment Dynamics
  • 43

    Communities

  • 6,684

    Units

  • 24

    Cities

3 Communities in Kannapolis
Morgan Properties
Morgan Properties
  • 324

    Communities

  • 97,463

    Units

  • 198

    Cities

2 Communities in Kannapolis
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 263

    Communities

  • 63,164

    Units

  • 121

    Cities

2 Communities in Kannapolis
Redwood Living
Redwood Living
  • 129

    Communities

  • 17,172

    Units

  • 108

    Cities

2 Communities in Kannapolis
Friedlam Partners LLC
Friedlam Partners LLC
  • 58

    Communities

  • 10,638

    Units

  • 23

    Cities

2 Communities in Kannapolis
AM Realty, LLC
AM Realty, LLC
  • 39

    Communities

  • 2,045

    Units

  • 22

    Cities

2 Communities in Kannapolis
Greystar
Greystar
  • 3,271

    Communities

  • 908,302

    Units

  • 844

    Cities

1 Community in Kannapolis
Highmark Residential
Highmark Residential
  • 218

    Communities

  • 62,730

    Units

  • 117

    Cities

1 Community in Kannapolis

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United States North Carolina Kannapolis Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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