The Zumper Charlotte Metro Area Report analyzed active listings last month across metro cities to highlight the most and least expensive cities and those with the fastest growing rents. The North Carolina one bedroom median rent was $1,164 last month.
The Most Expensive
- Huntersville ranked as the most expensive city with one-bedrooms priced at $1,530.
- Charlotte was the second priciest with rent at $1,420.
- Mooresville ranked as third with rent at $1,370.
The Least Expensive
- Hickory was the most affordable city with one-bedrooms priced at $1,040.
- Gastonia ranked as the second least expensive with rent at $1,050.
- Concord was third with rent at $1,150.
The Fastest Growing (Y/Y%)
- Gastonia saw rent climb 5%, making it the fastest growing annually.
- Huntersville was second with rent increasing 3.4%.
The Fastest Growing (M/M%)
- Mooresville had the largest monthly growth rate, up 4.6%.
- Hickory was second with rent climbing 4%.
- Rock Hill ranked as third with rent increasing 1.7% last month.
About
The Zumper Charlotte Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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