Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Charlotte Metro Report: December 2017

The first ever Zumper Charlotte Metro Report analyzed active listings in November across 7 metro cities to show the most and least expensive cities and cities with the Fastest Growing rents. The North Carolina state median rent was $825 last month.

Cities Ranked By Rent

Slide3

The Most Expensive Cities

–Charlotte, NC rent grew $60 to $1,170 and remained the most expensive in the metro.

–Cornelius, NC ranked as second with one bedrooms priced at $990.

–Matthews, NC was third with rent at $950.

The Least Expensive Cities

–Gastonia, NC rent fell $20 to $600 and continued to rank as the most affordable.

–Concord, NC was second with rent at $770.

–Mooresville, NC rent dropped $10 and ranked as the third least expensive.

Growth Rate

Slide4

The Fastest Growing Cities (Y/Y%)

–Concord, NC had the fastest growing rent since this time last year, climbing 13.2%.

–Matthews, NC prices jumped 8%, making that the second largest yearly growth rate.

The Fastest Growing Cities (M/M%)

–Charlotte, NC saw rent grow 5.4% last month, making it the fastest growing.

–Cornelius, NC ranked as second with prices climbing 5.3%.

CHARDecMetro

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Charlotte$1,1705.40%5.40%$1,2501.60%4.20%
2Cornelius$9905.30%-2.90%$1,1801.70%-1.70%
3Matthews$950-5.00%8.00%$1,090-5.20%0.90%
4Huntersville$9301.10%3.30%$1,1502.70%15.00%
5Mooresville$8401.20%-8.70%$990-2.90%-6.60%
6Concord$7700.00%13.20%$8100.00%15.70%
7Gastonia$600-3.20%-7.70%$7505.60%10.30%

About

The Zumper Charlotte Metro Report analyzed active listings that hit the market in November 2017. Listings are aggregated by city to calculate median asking rents.

In the market for a new place? Search all Charlotte apartments for rent on Zumper now.

Stay up to date with Zumper by following us on Facebook, Twitter, Instagram, & Pinterest.

The post Charlotte Metro Report: December 2017 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

Share the post

Charlotte Metro Report: December 2017

×

Subscribe to The Zumper Blog | Rental Market Trends, Real Estat

Get updates delivered right to your inbox!

Thank you for your subscription

×