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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


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


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%.


Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %


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.

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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

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Charlotte Metro Report: December 2017


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