Concord, NC Rental Market
Concord is a fast-growing Charlotte suburb in Cabarrus County, best known as the home of Concord Mills — one of the largest outlet malls in the United States — and its proximity to the NASCAR Hall of Fame corridor. The city attracts Charlotte-area workers seeking more space and lower costs than the city proper while remaining within easy commuting distance via I-85. Consistent population growth and solid new construction keep the rental market active.
Get a rent estimate for an address in ConcordAverage Rent in Concord, NC
$1,420
per month · 2026-06
Market Score
Key Facts — Concord, NC Rental Market
- Average rent in Concord, NC:$1,420/mo
- Median rent:$1,306/mo
- Rent range:$700 – $3,100/mo
- Most common rental (2 bedrooms):$1,250/mo
- Active listings:580
- Avg days to lease:28 days
- Year-over-year change:+4.0%
- Median home value:$285,000
- Est. gross annual yield:6.0%
- Data as of:2026-06
Rent by Bedroom in Concord, NC
Average monthly rent for each bedroom type based on current active listings in Concord.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,025/mo |
2 Bedrooms | $1,250/mo |
3 Bedrooms | $1,600/mo |
4 Bedrooms | $1,950/mo |
5 Bedrooms | $2,250/mo |
Concord Rental Market Statistics
Key indicators from the current Concord, NC rental market.
580
Available now in Concord
28
From list to lease
$1.09
Average across listings
1,300 sq ft
Typical rental size
$700 – $3,100
Min to max active listings
+4.0%
Avg rent vs. prior year
Investing in Concord, NC Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$285,000
Typical purchase price in Concord
Est. Gross Annual Yield
6.0%
Before expenses & vacancy
Avg Monthly Income
$1,420
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Concord for a full cash-flow breakdown including all costs.
Concord, NC Rental Market FAQ
Common questions about renting and investing in Concord, NC.
What is the average rent in Concord, NC?
The average rent in Concord, NC is $1,420 per month as of 2026. Two-bedroom units average $1,250/mo and three-bedroom homes average $1,600/mo — notably below comparable Charlotte neighborhoods while offering larger homes and more suburban amenities.
Is Concord, NC a good place to invest in rental property?
Concord offers a 6.0% estimated gross yield with 4.0% year-over-year rent growth — solid fundamentals for a Charlotte suburb. The city's proximity to Charlotte's employment base, lower home prices than inner-ring suburbs, and consistent population growth make it an appealing buy-and-hold market.
How competitive is the Concord, NC rental market?
Concord has approximately 580 active listings and averages 28 days on market — competitive for a suburban NC market. Properties near major corridors like I-85 and Highway 29 lease quickly due to their commute accessibility to Charlotte and the Research Triangle.
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