Matthews, NC Rental Market Trends
Highlights
The average rent for an apartment in Matthews is $1,219, a 9% increase compared to the previous year, when the average rent was $1,118.
Average Rent in Matthews, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,219 | 9% | 932 sq. ft. |
The average size for a Matthews, NC apartment is 932 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.
Matthews, NC Apartment Rent Ranges
- $701-$1,00019%
- $1,001-$1,50069%
- $1,501-$2,00012%
Matthews, NC Occupied Housing Units
- Renter-occupied Households27%
- Owner-occupied Households72%
3,266 or 27% of the households in Matthews, NC are renter-occupied while 8,459 or 72% are owner-occupied.
Matthews, 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Matthews, NC | $1,070 | $1,084 | $1,121 | $1,090 | $1,094 | $1,154 | $1,118 | $1,198 | $1,172 | $1,219 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Matthews 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% |
| Rock Hill | $1,047 | 8% |
| Huntersville | $1,237 | 7% |
| Fort Mill | $1,240 | 3% |
| Kannapolis | $907 | 4% |
| Matthews | $1,219 | 9% |
For more information about the Matthews 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!