Last updated
Average Rent in Concord 28027 & Rent Trends
Rent prices and market trends across 3 apartment communities in Concord 28027, Concord, NC. Updated daily.
Market Average
$1,621/mo
Lowest Available
$910/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
11
available now
Concord 28027 vs Concord, NC Average
Concord 28027 is more expensive than the Concord, NC average by $81/mo (5%). The citywide average is $1,540/mo across all neighborhoods.
Is Rent Going Up or Down in Concord 28027?
As of September 2026, the average rent in Concord 28027 is $1,621 per month across 3 apartment communities and 11 available units.
The most affordable option is Davidson Apartments starting at $910/mo. By unit type, a studio averages $1,621/mo.
Prices range from $910 to $2,550 per month. The most common price point is the $800 range, where 3 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Concord 28027
Rent Prices by Apartment in Concord 28027
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Davidson Apartments | $910/mo | $910/mo | 1 | 3.9 |
| Waters Edge Apartment Homes | $920/mo | $943/mo | 2 | 3.4 |
| Creek Mill Apartments | $1,375/mo | $1,879/mo | 8 | 4.8 |
Frequently Asked Questions About Rent in Concord 28027
What is the average rent in Concord 28027?
Is rent going up or down in Concord 28027?
What is the cheapest apartment in Concord 28027?
How many apartments are available in Concord 28027?
What salary do I need to live comfortably in Concord 28027?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$65,000/year
Based on the 30 percent rule, using our tracked average rent of $1,621/mo.
Comfortable income
$78,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($910/mo), you need to earn at least $36,000/year.
Median household income in Concord 28027 is $84,752 , about 9% above the comfortable-living threshold.
Cost of living in Concord 28027
Overall prices in Concord 28027 runs below the national average by about 3% (BEA Regional Price Parity index 97.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Concord 28027's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,621 |
| Utilities | $417 |
| Groceries | $522 |
| Transportation | $995 |
| Healthcare | $485 |
| Other goods and services | $776 |
| Estimated total | $4,817/mo |
Population
106,518
Median household income
$84,752
Census median rent
$1,365/mo
Census rent burden
32.2%
Median age
36.2
Mean commute
28 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Concord 28027 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Concord 28027 Apartments
Browse all 3 communities with daily-updated pricing and availability.