The Zumper Charlotte Metro Report analyzed active listings in December 2018 across 7 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The North Carolina median one bedroom Rent was $910 last month.
Cities Ranked By Rent
The Most Expensive
–Charlotte, NC remained the most expensive city with one bedrooms priced at $1,140.
–Huntersville, NC saw rent drop $20 to $1,050 but continue to rank as the second priciest city.
–Davidson, NC was third with rent at an even $1,000.
The Least Expensive
–Gastonia, NC stayed the most affordable city with one bedrooms priced at $690.
–Concord, NC ranked as the second least expensive with rent at $890.
–Mooresville, NC rent increased $10 to $950 but remained third.
Growth Rate
The Fastest Growing (Y/Y%)
–Concord, NC had the largest year over year rental growth rate, up 15.6%.
–Huntersville, NC followed closely behind with rent climbing 15.4% since this time last year.
–Gastonia, NC saw rent jump 13.1%, making it third.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Charlotte | $1,140 | 0.00% | -2.60% | $1,300 | 0% | 4% |
| 2 | Huntersville | $1,050 | -1.90% | 15.40% | $1,330 | 0% | 16% |
| 3 | Davidson | $1,000 | -1.00% | 6.40% | $1,340 | 2% | 8% |
| 4 | Cornelius | $980 | 1.00% | -1.00% | $1,200 | -2% | 0% |
| 5 | Mooresville | $950 | 1.10% | 8.00% | $1,100 | 0.00% | 10.00% |
| 6 | Concord | $890 | 0.00% | 15.60% | $930 | 0.00% | 10.70% |
| 7 | Gastonia | $690 | 0.00% | 13.10% | $770 | 2.70% | 2.70% |
About
The Zumper Charlotte Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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