Cornelius, NC Rental Market Trends
Highlights
The average rent for an apartment in Cornelius is $1,226, a 3% increase compared to the previous year, when the average rent was $1,190.
Average Rent in Cornelius, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,226 | 3% | 1,047 sq. ft. |
The average size for a Cornelius, NC apartment is 1,047 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Cornelius, NC Apartment Rent Ranges
- $701-$1,00015%
- $1,001-$1,50074%
- $1,501-$2,00011%
Cornelius, NC Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
4,208 or 34% of the households in Cornelius, NC are renter-occupied while 7,886 or 65% are owner-occupied.
Cornelius, NC Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cornelius, NC | $1,127 | $1,159 | $1,112 | $1,100 | $1,111 | $1,202 | $1,190 | $1,235 | $1,243 | $1,226 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Cornelius Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,259 | 6% |
| Raleigh | $1,238 | 6% |
| Durham | $1,181 | 3% |
| Greensboro | $914 | 4% |
| Winston - Salem | $895 | 7% |
| Concord | $1,104 | 8% |
| Mooresville | $1,138 | 5% |
| Huntersville | $1,237 | 7% |
| Gastonia | $906 | 3% |
| Kannapolis | $907 | 4% |
| Cornelius | $1,226 | 3% |
For more information about the Cornelius rental trends, check out our monthly rent report
Check out North Carolina Cities, North Carolina Neighborhoods and North Carolina Zip Codes for more details on verified listings, including the North Carolina Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!