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142 1 Bedroom Apartments for rent in Concord, NC

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Last updated November 21 at 9:13pm UTC
161 Union St S
South Historic Concord
Concord, NC
Updated November 21 at 6:07pm UTC
1 Bedroom
$699
Results within 1 miles of Concord, NC
Results within 5 miles of Concord, NC
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City Guide

If you're considering getting a one-bedroom apartment in Concord, NC, you're making a great move, both for your enjoyment of life and your career. Ideal for later-career professionals, Concord offers a variety of things to do and places to see and a lifestyle that's tough to beat. Just 20 miles northeast of Charlotte, Concord is popular among people who want to live just outside the buzz and bustle of the big city but still be close enough to take easy access of it. Here's what you need to kn...

View full Concord City Guide

November 2017 Concord Rent Report

Welcome to the November 2017 Concord Rent Report. In this report, we'll evaluate trends in the Concord rental market, including comparisons to cities throughout the state and nation.

View full Concord Rent Report
Concord

Average Rental Prices

Rental prices in Concord, NC are pleasantly low, with the average price for a one-bedroom apartment being about $700/month. While most one-bedroom units are apartments, it's also possible to find smaller, older homes on lots with yards and lots of street parking.

While the rental prices are cheap compared to many other places in the country, they're especially surprising when you take into account that Concord has a healthy mix of both white- and blue-collar jobs and that many people here enjoy good careers in administrative support, management occupations and sales jobs. As if that weren't enough, people in Concord are also significantly more educated than people in many other parts of the country, with 30.11 percent of the population holding a bachelor's degree.

Benefits of One-Bedroom Apartments

One-bedroom apartments have many benefits. In addition to being easy to clean, they're also the ideal size for young professionals and couples. What's more, they also represent some of the cheapest real estates in the city, aside from the studio apartments available in the downtown area.

During the off-season, a one-bedroom apartment will be simple and efficient to heat and will feel cozy and comfortable during chilly nights.

Where Concord's One-Bedrooms Are Located

Most of Concord's one-bedroom apartments are located in the downtown area, in the region of Starmount Park Blvd and Glen Afton Blvd.

This region is attractive since the units here typically feature lots of amenities, including washer/dryer hookups, patios, granite counters, hardwood floors, pools and 24-hour security. What's more, it's just a short walk, bike ride or drive from the activities of the downtown region.

Renting an apartment in this region will make it easy to head down to Sea Life Charlotte-Concord, take a walk in Dorton Park, sample some wines at Cougar Run Winery or just head downtown for a bite to eat at any of the mouthwatering local establishments.

As if that weren't enough, most of these units have on-campus pools, which offers the perfect opportunity to relax and unwind after a long day of work.

Moving to Concord, NC

Today, there are dozens of reasons to get a one-bedroom apartment in Concord, NC. Not only is the rent reasonable, but the units are also attractive, and the amenities are plentiful. Secure a rental in one of Concord's popular apartment neighborhoods and enjoy easy walking distance to downtown, great neighbors and a lifestyle that would make virtually anyone jealous.

Rent Report
Concord

November 2017 Concord Rent Report

Welcome to the November 2017 Concord Rent Report. In this report, we'll evaluate trends in the Concord rental market, including comparisons to cities throughout the state and nation.

Concord rents increase sharply over the past month

Concord rents have increased 0.7% over the past month, and have increased marginally by 0.9% in comparison to the same time last year. Currently, median rents in Concord stand at $790 for a one-bedroom apartment and $920 for a two-bedroom. Concord's year-over-year rent growth lags the state average of 3.6%, as well as the national average of 2.7%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Concord, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. The state as a whole logged rent growth of 3.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,220; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Fayetteville experiencing the fastest growth (+5.7%).
  • Wilmington, Winston-Salem, and Cary have all experienced year-over-year growth above the state average (4.6%, 4.3%, and 3.8%, respectively).

Concord rents more affordable than many large cities nationwide

As rents have increased marginally in Concord, large cities nationwide have seen rents grow more quickly. Concord is still more affordable than most large cities across the country.

  • Concord's median two-bedroom rent of $920 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.9% increase in Concord.
  • While Concord's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including Seattle (+4.2%), Phoenix (+4.1%), and Dallas (+2.6%).
  • Renters will find more reasonable prices in Concord than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three times the price in Concord.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Charlotte $950 $1,110 -0.2% 3.0%
Concord $790 $920 0.7% 0.9%
Gastonia $670 $780 -0.1% 1.2%
Rock Hill $820 $960 -0.6% 4.2%
Huntersville $1,070 $1,250 -0.0% 2.0%
Cornelius $870 $1,010 -2.6% 5.7%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.