Average Rent in Cabarrus, NC

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Current Versus Historical Cabarrus, NC Rents

Cabarrus rentals average $1,050 for a 1-bedroom rental to $2,900 for a 4-bedroom rental. The median price of all currently available listings is $1,925, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have fallenover the last year. Studio rentals prices have increased by $548 (32.18%) year-over-year from $1,702 to $2,250. 1-bedroom rentals prices have decreased by $67 (-5.97%) year-over-year from $1,117 to $1,050. 2-bedroom rentals prices have increased by $208 (16.12%) year-over-year from $1,288 to $1,495. 3-bedroom rentals prices have increased by $140 (7.64%) year-over-year from $1,833 to $1,973. 4-bedroom rentals prices have increased by $418 (16.86%) year-over-year from $2,482 to $2,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.87% this month. 1-bedroom rents have gone up by 0.96% this month. 2-bedroom rents have gone up by 6.41% this month. 3-bedroom rents have gone down by 0.42% this month. 4-bedroom rents have gone up by 6.23% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.50 $1,050 $1,117 (-5.97%) $991 (5.97%)
2 BR $1.19 $1,495 $1,288 (16.12%) $1,137 (31.52%)
3 BR $1.25 $1,973 $1,833 (7.64%) $1,532 (28.73%)
4+ BR $0.95 $2,900 $2,482 (16.86%) $1,874 (54.72%)

Historical Rents in Cabarrus, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Cabarrus

There are a total of 1 cities nearby Cabarrus. The average rent in Cabarrus is currently $2,145 per month. Our records show that Charlotte, NC, with an average rent of $2,145, is the most affordable city nearby. In contrast, the most expensive city near Cabarrus, NC is Charlotte, NC. Monthly rents here are on average $2,145 per month.

Let's compare Cabarrus, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 45.00% more affordable. Two bedrooms in Cabarrus, NC are about 23.08% more affordable. Finally, rent for three bedrooms are about 15.29% more affordable. Want more information? Check out the top 1 cities near Cabarrus, NC in the following chart.
City Studio 1 Bed 2 Bed All
Charlotte, NC N/A $1,523 $1,800 $2,145

Top Neighborhoods Near Cabarrus



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Cabarrus

The average rent for rentals in these counties is $2,149. That's roughly around $1 per sqft. The county that is the most affordable is Iredell, NC. It's average rent per month is $2,098. Vice versa, with an average rent of $2,200, Mecklenburg, NC is the most expensive county by Cabarrus, NC.

In comparison, rent for one bedroom listings in Cabarrus, NC is 27.50% more expensive than other counties nearby. Finally, rent for two bedrooms in Cabarrus, NC is 18.80% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Iredell, NC N/A N/A $1,675 $2,098
Mecklenburg, NC N/A $1,523 $1,800 $2,200

Top Zipcodes Near Cabarrus



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Cabarrus Average Rents

What is the average rent price in Cabarrus, NC?
The average monthly rental price for Cabarrus, NC apartments for rent is approximately $1,925. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Cabarrus, NC rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Cabarrus, NC.
How much is a studio apartment in Cabarrus, NC?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Cabarrus.
How much is a one bedroom apartment in Cabarrus, NC?
The average monthly rental price for one bedroom apartments is $1,050 and an average price per square feet of $1.50. There are a total of 6 one bedroom apartment listings currently available for rent in Cabarrus.
How much is a two bedroom apartment in Cabarrus, NC?
The average monthly rental price for two bedroom apartments is $1,463 and an average price per square feet of $1.19. There are a total of 4 two bedroom apartment listings currently available for rent in Cabarrus.
How have rent prices in Cabarrus, NC changed this year?
Rent prices for rentals in Cabarrus, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.32%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Cabarrus, NC?
A reasonable rent price in Cabarrus, NC is around $1,540/month. You can search for these reasonably priced rental listings on RentHop.
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