Last updated
Average Rent in Cornelius 28031 & Rent Trends
Rent prices and market trends across 2 apartment communities in Cornelius 28031, Huntersville, NC. Updated daily.
Market Average
$2,991/mo
Lowest Available
$1,415/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
66
available now
Price Cuts This Week in Cornelius 28031
11 listed units across 1 building offering 2 bed units in Cornelius 28031 dropped their asking rent in the past 7 days, an average cut of $100/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Reserve at Kenton Place Apartment Homes | Unit 100-100, Two Bedroom | $1,570 | $1,470 | $100 |
| Reserve at Kenton Place Apartment Homes | Unit 100-204, Two Bedroom | $1,515 | $1,415 | $100 |
| Reserve at Kenton Place Apartment Homes | Unit 100-318 | $1,585 | $1,485 | $100 |
| Reserve at Kenton Place Apartment Homes | Unit 200-114, Two Bedroom | $1,655 | $1,555 | $100 |
| Reserve at Kenton Place Apartment Homes | Unit 200-127, Two Bedroom | $1,540 | $1,440 | $100 |
| Reserve at Kenton Place Apartment Homes | Unit 200-214, Two Bedroom | $1,600 | $1,500 | $100 |
| Reserve at Kenton Place Apartment Homes | Unit 200-229 | $1,570 | $1,470 | $100 |
| Reserve at Kenton Place Apartment Homes | Unit 200-327, Two Bedroom | $1,610 | $1,510 | $100 |
Cornelius 28031 vs Huntersville, NC Average
Cornelius 28031 is more expensive than the Huntersville, NC average by $799/mo (36%). The citywide average is $2,192/mo across all neighborhoods.
Is Rent Going Up or Down in Cornelius 28031?
As of September 2026, the average rent in Cornelius 28031 is $2,991 per month across 2 apartment communities and 66 available units.
The most affordable option is Reserve at Kenton Place Apartment Homes starting at $1,415/mo. By unit type, a 2-bedroom averages $2,991/mo.
Prices range from $1,415 to $3,757 per month. The most common price point is the $3,000 range, where 26 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Cornelius 28031
Rent Prices by Apartment in Cornelius 28031
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Reserve at Kenton Place Apartment Homes | $1,415/mo | $1,479/mo | 12 | 3.8 |
| River Rock at Alexander Farms (The Village) | $2,982/mo | $3,327/mo | 54 | 5 |
Frequently Asked Questions About Rent in Cornelius 28031
What is the average rent in Cornelius 28031?
Is rent going up or down in Cornelius 28031?
What is the cheapest apartment in Cornelius 28031?
How many apartments are available in Cornelius 28031?
What salary do I need to live comfortably in Cornelius 28031?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$120,000/year
Based on the 30 percent rule, using our tracked average rent of $2,991/mo.
Comfortable income
$144,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,415/mo), you need to earn at least $57,000/year.
Median household income in Cornelius 28031 is $119,951 , about 16% below the comfortable-living threshold.
Cost of living in Cornelius 28031
Overall prices in Cornelius 28031 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 Cornelius 28031's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,991 |
| Utilities | $417 |
| Groceries | $522 |
| Transportation | $995 |
| Healthcare | $485 |
| Other goods and services | $776 |
| Estimated total | $6,187/mo |
Population
62,458
Median household income
$119,951
Census median rent
$1,742/mo
Census rent burden
26.3%
Median age
39.9
Mean commute
27 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 Cornelius 28031 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Cornelius 28031 Apartments
Browse all 2 communities with daily-updated pricing and availability.