Graces Reserve Luxury Apartments
900 Graces Reserve Cir,
Kannapolis, NC 28083
1-2 Beds | $1,450 - $1,690
Rental Market Trends in Kannapolis, NC
What is the average rent in Kannapolis, NC?
$1,379/month
Average Rent
755 Sq Ft
Average Apartment Size
+6.8%
Increase in the Last Year
As of December 2024, the average rent in Kannapolis, NC is $1,379 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Kannapolis rent prices are 12% lower than the national average. When you rent an apartment in Kannapolis, you can expect to pay about $1,167 per month for a studio, $1,379 for a one-bedroom apartment, and around $1,571 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 increased by 6.8%, which averages out to $95 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 Kannapolis, NC
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
59%
$1,001 - $1,500/month
35%
$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, Car Town, Old Earnhardt and Northlight 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 Old Earnhardt .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Kannapolis, NC?
Because the average rent in Kannapolis is $1,379, you’ll want to make about $4,596 per month or $55,152 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
-
$1,287/month
One Bedroom
$1,006/month
$1,531/month
Two Bedroom
$1,274/month
$1,467/month
Three Bedroom
-
$2,463/month
Nearby City Rent Trends
Apartment communities in Kannapolis we think you'll love
Property Management Companies in Kannapolis, NC
Apartment Dynamics
-
36
Communities
-
5,556
Units
-
22
Cities
3 Communities in Kannapolis
Morgan Properties
-
314
Communities
-
94,821
Units
-
192
Cities
2 Communities in Kannapolis
Hawthorne Residential Partners
-
255
Communities
-
61,944
Units
-
116
Cities
2 Communities in Kannapolis
Redwood Living
-
123
Communities
-
16,131
Units
-
102
Cities
2 Communities in Kannapolis
Friedlam Partners LLC
-
57
Communities
-
10,819
Units
-
20
Cities
2 Communities in Kannapolis
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
1 Community in Kannapolis
Highmark Residential
-
225
Communities
-
64,209
Units
-
121
Cities
1 Community in Kannapolis
Southwood Realty Company
-
102
Communities
-
24,627
Units
-
58
Cities
1 Community in Kannapolis
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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.