Average Rent in Rowan, NC

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Current Versus Historical Rowan, NC Rents

Rowan rentals average $580 for a 1-bedroom rental to $1,713 for a 3-bedroom rental. The median price of all currently available listings is $1,400, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $916 (-98.18%) year-over-year from $933 to $17. 1-bedroom rentals prices have decreased by $367 (-37.93%) year-over-year from $967 to $600. 2-bedroom rentals prices have decreased by $24 (-2.13%) year-over-year from $1,119 to $1,095. 3-bedroom rentals prices have increased by $173 (11.02%) year-over-year from $1,565 to $1,738. 4-bedroom rentals prices have increased by $2,153 (123.28%) year-over-year from $1,747 to $3,900. 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 down by 97.99% this month. 1-bedroom rents have gone down by 23.65% this month. 2-bedroom rents have gone down by 19.04% this month. 3-bedroom rents have gone up by 9.45% this month. 4-bedroom rents have gone up by 61.38% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$0.60	$600	$967 (-37.93%)	$690 (-13.04%)
2 BR	$1.14	$1,095	$1,119 (-2.13%)	$958 (14.26%)
3 BR	$1.40	$1,738	$1,565 (11.02%)	$1,300 (33.65%)

Historical Rents in Rowan, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Rowan

There are a total of 2 cities nearby Rowan. The average rent in Rowan is currently $1,650 per month. Only one city nearby has an average rent lower than that. Our records show that Winston-Salem, NC, with an average rent of $1,300, is the most affordable city nearby. In contrast, the most expensive city near Rowan, NC is Charlotte, NC. Monthly rents here are on average $2,000 per month.

Let's compare Rowan, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in Rowan, NC is inf% more affordable than other cities nearby. One bedrooms are about 102.59% more affordable. Two bedrooms in Rowan, NC are about 41.67% more affordable. Finally, rent for three bedrooms are about 15.33% more affordable. Want more information? Check out the top 2 cities near Rowan, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
Winston-Salem, NC	$649	$850	$1,225	$1,300
Charlotte, NC	$1,562	$1,500	$1,750	$2,000

Top Neighborhoods Near Rowan

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Rowan

Some of these counties include Forsyth, NC, Iredell, NC, and Mecklenburg, NC. The average rent for rentals in these counties is $1,998. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Forsyth, NC. It's average rent per month is $1,400. Vice versa, with an average rent of $2,100, Mecklenburg, NC is the most expensive county by Rowan, NC.

Typically, rent for studios in Rowan, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Rowan, NC is 72.41% more affordable than other counties nearby. Finally, rent for two bedrooms in Rowan, NC is 38.10% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Forsyth, NC	$750	$850	$1,200	$1,400
Iredell, NC	N/A	$1,000	$1,450	$1,998
Mecklenburg, NC	$1,562	$1,525	$1,775	$2,100

Top Zipcodes Near Rowan

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Rowan Average Rents

What is the average rent price in Rowan, NC?

The average monthly rental price for Rowan, NC apartments for rent is approximately $1,400. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Rowan, 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 Rowan, NC.

How much is a studio apartment in Rowan, 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 Rowan.

How much is a one bedroom apartment in Rowan, NC?

The average monthly rental price for one bedroom apartments is $580 and an average price per square feet of $0.60. There are a total of 4 one bedroom apartment listings currently available for rent in Rowan.

How much is a two bedroom apartment in Rowan, NC?

The average monthly rental price for two bedroom apartments is $1,050 and an average price per square feet of $1.14. There are a total of 7 two bedroom apartment listings currently available for rent in Rowan.

How have rent prices in Rowan, NC changed this year?

Rent prices for rentals in Rowan, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.98%, one bedroom rental prices have changed by -0.38%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in Rowan, NC?

A reasonable rent price in Rowan, NC is around $1,120/month. You can search for these reasonably priced rental listings on RentHop.