Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Matthews, NC Rental Market Trends
What is the average rent in Matthews?
The average rent for an apartment in Matthews is $1,500. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Matthews, NC
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,500 | 932 sq. ft. |
What is the average apartment size in Matthews?
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
Matthews, NC Occupied Housing Units
3,295 or 27% of the households in Matthews, NC are renter-occupied while 8,830 or 72% are owner-occupied.
Matthews, NC Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Matthews, NC | $1,118 | $1,198 | $1,172 | $1,219 | $1,224 | $1,231 | $1,255 | $1,337 | $1,392 | $1,500 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Matthews Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,559 |
| Raleigh | $1,522 |
| Winston - Salem | $1,119 |
| Greensboro | $1,147 |
| Durham | $1,468 |
| Concord | $1,457 |
| Wilmington | $1,492 |
| Cary | $1,558 |
| Clayton | $1,464 |
| Mooresville | $1,465 |
| Gastonia | $1,210 |
| Monroe | $1,000 |
| Kannapolis | $1,273 |
| Huntersville | $1,514 |
| Indian Trail | $1,617 |
| Matthews | $1,500 |
| Rock Hill | $1,351 |
| Fort Mill | $1,611 |
| Mint Hill | $1,310 |
| Waxhaw | $1,416 |
| Cornelius | $1,578 |
Most Popular Apartments in Matthews
Mission Matthews Place
2100 Woodway Hills Dr, Matthews, NC 28105- 1 BED
- 2 BEDS
- 3 BEDS
- $1,154+
- $1,585+
- $1,608+
Matthews Square Apartments
4010 Waiting Street, Matthews, NC 28105- 1 BED
- 2 BEDS
- 3 BEDS
- $1,520+
- $1,790+
- $2,187+
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Matthews apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.