How much does it cost to rent in Concord, NC?

As of July 2026, the median monthly rent in Concord, NC is $1,805. This figure is based on aggregated data from public sources and community-submitted rents.

Is Concord cheaper than other North Carolina cities?

Concord falls in the middle range for North Carolina, ranking #44 out of 126 cities at $1,805/mo.

When was Concord rent data last updated?

Concord rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · NC

Concord

Name: Average Rent Prices in Concord, NC
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 108,719·44th most expensive in North Carolina·Rental market data updated monthly for Concord, NC

Median rent (all units)

$1,805/mo

Year-over-Year

+4.8%

Month-over-Month

+2.3%

vs US Median

-$160

Rising (Monthly)

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Most AffordableMost Expensive

Concord · $1,805

More affordable than 53% of US cities · National median $1,965/mo

Rent Reality Score

64/100

Good value

OverheatedFairGreat value

Rents are 7% below what Concord's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,805/mo

Expected by trend

$1,940/mo

The Rent Reality Score compares today's median rent to where Concord's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,400

1 BR

$1,455

2 BR

$1,610

3 BR

$1,985

4 BR+

$2,520

Research median

$1,610/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$21,660/yr

At $1,805/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.8% YoY, +2.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Concord, NC is majority owner-occupied, has a large share of families with children, 40.9% of residents hold a bachelor's degree or higher.

Population

108,719

Median income

$86,921

Median age

36.5

Renters

34.8%

Age distribution

26.8%

21.1%

29%

Under 1826.8%

18–3421.1%

35–5429%

55–6411.2%

65+12%

Gender

49%

51%

Male49%

Female51%

Race & ethnicity

51.8%

23.2%

15.8%

White51.8%

Black23.2%

Hispanic15.8%

Asian7.7%

Other1.4%

Education (25+)

23%

27.4%

40.9%

No HS diploma8.6%

HS diploma23%

Some college27.4%

Bachelor's+40.9%

Housing tenure

65.2%

34.8%

Owner65.2%

Renter34.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Concord, NC has changed in 5 years

Rent

$1,338 → $1,805

up 34.9%

Income

$78,775 → $86,921

up 10.3%

Population

102,566 → 108,719

up 6.0%

Renter share

29.4% → 34.8%

+5.4 pts

Bachelor's+

40.1% → 40.9%

+0.8 pts

Median age

37.7 → 36.5

-1.2 yrs

The median rent in Concord, NC stood at $1,338 in 2021 and currently runs about $1,805, reflecting a 34.9% increase over the period. Household income in the area moved from $78,775 to $86,921 across the same window, up 10.3% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.0% since 2021, moving from about 102,566 residents to roughly 108,719. Renters now make up 34.8% of households, compared with 29.4% five years ago. Reading these numbers side by side helps frame whether current listings in Concord, NC look reasonable against where the market sat half a decade ago.

Community

Discussions about Concord

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View Concord rent history (2015–2026) →

Salary vs rent

Can you afford rent in Concord on your salary?

At $1,805/mo, how Concord rent compares to typical pay (30% rule).

Registered Nurse

Avg $88,811/yr · Rent = 24.4% income

affordable

Elementary School Teacher

Avg $63,055/yr · Rent = 34.4% income

stretched

Police Officer

Avg $72,634/yr · Rent = 29.8% income

affordable

Software Developer

Avg $129,823/yr · Rent = 16.7% income

very comfortable

Lawyer

Avg $165,882/yr · Rent = 13.1% income

very comfortable

Firefighter

Avg $59,041/yr · Rent = 36.7% income

stretched

Truck Driver

Avg $53,307/yr · Rent = 40.6% income

rent-burdened

Electrician

Avg $65,706/yr · Rent = 33% income

stretched

By apartment size

Concord rent by bedroom count

Median rent for each apartment size in Concord. Click any size for full breakdown.

Local insights

Tips for renters in Concord

About renting in Concord, NC

Last updated: July 20, 2026

The median rent in Concord is $1,805/mo as of July 2026. A studio apartment averages $1,400/mo while a 2-bedroom runs $1,610/mo. One-bedroom apartments average $1,455/mo and 3-bedroom units go for $1,985/mo.

At 25% of local median household income ($86,921/yr), Concord ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

Is Concord an affordable city for renters?

Concord is considered affordable for renters. At $1,805/mo, rent takes approximately 25% of the local median household income ($86,921/yr). The standard benchmark is 30%. Concord falls comfortably within that range.

How much income do you need to rent in Concord?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,805/mo in Concord. The local median household income is $86,921/yr, meaning the typical Concord household meets that threshold.

Is rent going up or down in Concord?

Rent in Concord has increased 4.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Concord neighborhoods have the lowest rent?

The most affordable ZIP codes in Concord are 28027 ($1,766/mo), and 28025 ($1,831/mo). Citywide, the median rent in Concord is $1,805/mo.

How does Concord rent compare to other cities in North Carolina?

Concord is middle-of-the-pack for North Carolina for rent, ranking #44 out of 126 tracked cities at $1,805/mo.

Which nearby cities are cheaper to rent in than Concord?

Several nearby cities have lower median rents than Concord ($1,805/mo): China Grove ($1,640/mo), Kannapolis ($1,667/mo).

What percentage of Concord residents rent vs. own?

According to Census data, approximately 34.8% of Concord households are renters, while 65.2% are owner-occupied. Concord leans toward homeownership, which can mean a smaller rental inventory.

How does Concord rent compare to the national average?

Concord's median rent of $1,805/mo is $160 (8%) below the US national median of $1,965/mo. Within North Carolina, it ranks #44 out of 126 tracked cities.

Income Affordability

25%

AFFORDABLE

At $1,805/mo, rent takes ~25% of Concord's median household income ($86,921/yr). The standard benchmark is 30%.

Concord 25%Benchmark 30%

State income tax4.5%

Run the Concord affordability calculator →

Nearby cities