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54 2 Bedroom Apartments for rent in Concord, NC

Read Guide >
Last updated September 21 at 1:46PM
161 Union St S
South Historic Concord
Concord, NC
Updated September 21 at 1:41AM
2 Bedrooms
$799
507 Spring St SW
Concord
Concord, NC
Updated September 21 at 1:46AM
2 Bedrooms
$850
217 Halton Crossing Dr SW
Concord
Concord, NC
Updated September 20 at 9:48AM
2 Bedrooms
$1,175
Tidmarsh Ct NW 356
Concord
Concord, NC
Updated September 21 at 10:48AM
2 Bedrooms
$1,075
Results within 1 miles of Concord, NC
9028 Meadowmont View Drive
Highland Creek
Charlotte, NC
Updated September 20 at 9:53AM
2 Bedrooms
$1,295
Results within 5 miles of Concord, NC
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Concord

The city has a growing population, which went up by 57 percent from 2000 to 2016, and it's actually 7th on the list of top-growing American cities (by population). A big reason for this is because the city holds the top position for business growth. This contributes to the city ranking 33rd for job growth.

Apartment Rentals in Concord

Concord is an affordable city to rent a two-bedroom. The apartments typically run $600 to $900 a month. You can even find two-bedroom houses and mini homes for approximately $750 to $1,000 monthly here.

A two-bedroom rental gives you the perfect amount of space, and it's great for younger families and even professional couples with a desire for office space. There are many options on the market. The city's vacancy rate is 11 percent, and 31.9 percent of those properties are up for rent.

Central Living in Concord

Most apartment rentals are in central and west Concord. However, there are places available all throughout the city at varying price points. You are better off living near your work or school. Concorde holds an 18 Walk Score, which is very low.

Below are some neighborhoods in Concord with better Walk Score rankings.

  • South Corban Ave (66)
  • Downtown Concord (63)
  • Brookwood North (36)
  • Logan (35)

Most other neighborhoods have Walk Score ratings below 20, making it nearly essential to own a car. Brookwood North is a hidden gem from the mix, and it's one of the most rental dense areas in the city.

However, South Corban Ave is an area that ranks much higher. In fact, this rating suggests that you can handle most errands by foot.

There are often affordable apartments for rent around Branchview Dr SE and Corban Ave SE. Further toward Church St S and off Union St S are two other prime areas to find rental properties. Additionally, Church St N near Carolina Mall has affordable upscale apartments for rent.

Best Neighborhoods for 2 Bedrooms in Concord

Everything to the west is more expensive, especially around Poplar Tent Rd. This area is home to many luxury condos and townhouses in the $1,000 to $1,500 range. It can also be pricey near Charlotte Motor Speedway, where many places rent for $750 to $900 a month. The rent rates settle down on the east end though, which is where you find most places running $600 to $800 monthly .

For absolute affordability, check the downtown, North Concord, Central Dr near US Route 29 and around Wilshire Ave SW. These areas all have real estate prices that are half to a third of what you would find in the priciest neighborhoods of Concord and are perfect for those on a budget.

Rent Report
Concord

September 2017 Concord Rent Report

Welcome to the September 2017 Concord Rent Report. Concord rents declined over the past month. In this report, we'll evaluate trends in the Concord rental market, including comparisons to similar cities nationwide.

Concord rents declined over the past month

Concord rents have declined 0.6% over the past month, but have increased marginally by 0.8% 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. This is the second straight month that the city has seen rent decreases after an increase in June. Concord's year-over-year rent growth lags the state average of 4.3%, as well as the national average of 3.0%.

Concord rents more affordable than many large cities nationwide

Rent growth in Concord has been relatively stable over the past year - some other large cities have seen more substantial increases. Concord is still more affordable than most large cities across the country.

  • Other cities across the state have seen rents increase, with North Carolina as a whole logging rent growth of 4.3% over the past year.
  • Concord's median two-bedroom rent of $920 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 0.8% increase in Concord.
  • While rents in Concord remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Raleigh (+3.4%); note that median 2BR rents in these cities go for $1,710, $1,020, and $1,130 respectively.
  • 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% 3.9%
Concord $790 $920 -0.6% 0.8%
Gastonia $670 $790 -0.1% 1.8%
Rock Hill $840 $980 0.2% 6.8%
Huntersville $1,070 $1,250 -1.0% 1.4%
Cornelius $900 $1,050 1.5% 9.6%

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.