Kannapolis, NC Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Kannapolis is $1,523, a 0.44% decrease compared to the previous year, when the average rent was $1,530.
One-bedroom apartments provide 789 square feet for $1,296, balancing privacy and affordability.
Two-beedroom units at $1,623 offer 1,136 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,285 sq ft) for $1,812, suitable for larger households.
Average rent in Kannapolis, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,523 | 1,025 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,296 | 789 sq. ft. |
| 2 Beds | $1,623 | 1,136 sq. ft. |
| 3 Beds | $1,812 | 1,285 sq. ft. |
Kannapolis, NC rent trends
Rental prices in Kannapolis, NC have decreased by 0.44% over the past year. The average rent moved from $1,530 to $1,523.
What's the typical rent budget in Kannapolis, NC?
The largest share of rentals in Kannapolis, NC (50%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Kannapolis, NC?
7,236 or 35% of the households in Kannapolis, NC are renter-occupied while 13,672 or 65% are owner-occupied.
How Kannapolis Compares to Other Cities
| City | Average Rent |
|---|---|
| Kannapolis | $1,523 |
| Charlotte | $1,655 |
| Raleigh | $1,579 |
| Fayetteville | $1,294 |
| Winston - Salem | $1,290 |
| Durham | $1,529 |
| Greensboro | $1,322 |
| Wilmington | $1,619 |
| Concord | $1,534 |
| Cary | $1,625 |
| Hickory | $1,489 |
| Huntersville | $1,660 |
| Mooresville | $1,612 |
| Troutman, NC | $2,199 |
| Cornelius, NC | $1,644 |
| Indian Trail, NC | $1,726 |
| Statesville, NC | $1,162 |
| Salisbury, NC | $1,255 |
| Belmont, NC | $1,628 |
| Advance, NC | $1,513 |
| Davidson, NC | $1,537 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Kannapolis apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.