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Average Rent in Concord 28027 & Rent Trends

Rent prices and market trends across 19 apartment communities in Concord 28027, Concord, NC. Updated daily.

Market Average

$1,570/mo

▼ 4.2% from last month

Lowest Available

$860/mo

cheapest unit on market

Communities

19

tracked daily

Units Listed

110

available now

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Concord 28027 vs Concord, NC Average

Concord 28027 is more expensive than the Concord, NC average by $60/mo (4%). The citywide average is $1,510/mo across all neighborhoods.

Is Rent Going Up or Down in Concord 28027?

As of October 2026, the average rent in Concord 28027 is $1,570 per month across 19 apartment communities and 110 available units. Rents have decreased $68 (4.2%) over the past month.

The most affordable option is Wellspring Village Senior Apartments starting at $860/mo. By unit type, a 2-bedroom averages $1,570/mo.

Prices range from $860 to $2,385 per month. The most common price point is the $1,400 range, where 32 units are currently listed.

Concord 28027 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $1,571 - 8
July 2026 $1,630 +$59 12
August 2026 $1,605 -$25 12
September 2026 $1,620 +$15 19
October 2026 $1,500 -$120 19

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Concord 28027

2 Bed
$1,570
from $860 · 110 units

Rent Prices by Apartment in Concord 28027

Property Starting at Average Units Rating
Wellspring Village Senior Apartments $860/mo $876/mo 4 4.3
Brooke Pointe Apartments $1,018/mo $1,018/mo 1 2.5
Waters Edge Apartment Homes $1,140/mo $1,283/mo 8 3.4
Crestview Huntington Apartments $1,207/mo $1,236/mo 5 4.7
Davidson Apartments $1,245/mo $1,351/mo 5 3.9
Concord Pointe $1,298/mo $1,298/mo 4 3.9
Parkway Station Apartment Homes $1,320/mo $1,330/mo 4 3.4

Frequently Asked Questions About Rent in Concord 28027

What is the average rent in Concord 28027?

The average rent in Concord 28027 is $1,570 per month as of October 2026, based on 110 units across 19 apartment communities.

Is rent going up or down in Concord 28027?

Rent in Concord 28027 has decreased $68 (4.2%) over the past month. The current average is $1,570/mo.

What is the cheapest apartment in Concord 28027?

The most affordable apartment in Concord 28027 is Wellspring Village Senior Apartments with units starting at $860/mo.

How many apartments are available in Concord 28027?

There are 110 units available across 19 apartment communities 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

$63,000/year

Based on the 30 percent rule, using our tracked average rent of $1,570/mo.

Comfortable income

$75,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($860/mo), you need to earn at least $34,000/year.

Median household income in Concord 28027 is $84,752 , about 12% 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) $1,570
Utilities $417
Groceries $522
Transportation $995
Healthcare $485
Other goods and services $776
Estimated total $4,766/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.

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