Rentometer, Inc. | Data as of 10/22/2025
Located just 20 miles northeast of Charlotte, Kannapolis blends small‑town charm with easy access to a major metropolitan hub. Known for its rich textile history and the vibrant North Carolina Motor Speedway, the city offers a lively downtown area, scenic Riverwalk, and a growing arts scene centered around the Kannapolis Museum of Fine Arts. Residents enjoy a mix of historic neighborhoods such as Uptown and newer communities like Riverfront, all within close proximity to parks, schools, and convenient shopping corridors.
The rental market in Kannapolis provides a balanced selection of apartments and single‑family homes, catering to students, professionals, and growing families alike. Studio apartments typically fall in the $1200s, while one‑bedroom units hover around the $1300‑$1400 range. Two‑bedroom apartments and houses often rent in the $1600‑$1700 bracket, and three‑bedroom options approach the $2000 range. Larger homes with four or more bedrooms command rates in the $2300‑$2400 territory, reflecting the city’s diverse housing stock and the appeal of spacious living.
With ongoing downtown revitalization, new mixed‑use developments, and easy commuter routes to Charlotte, Kannapolis continues to attract renters seeking affordability, community amenities, and a welcoming environment. The city’s blend of modern apartments, well‑maintained houses, and convenient access to local attractions makes it a compelling choice for anyone looking to settle in the heart of North Carolina’s dynamic Piedmont region.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,195 | $1,225 | $1,005 - $1,325 | $1,175 - $1,325 |
| Apartment | 1 Bedroom | $1,373 | $1,410 | $895 - $1,728 | $1,196 - $1,556 |
| Apartment | 2 Bedroom | $1,683 | $1,690 | $1,060 - $2,955 | $1,375 - $1,962 |
| Apartment | 3 Bedroom | $2,039 | $2,087 | $1,445 - $2,590 | $1,795 - $2,327 |
| House | 1 Bedroom | $1,135 | $1,100 | $950 - $1,350 | $950 - $1,350 |
| House | 2 Bedroom | $1,423 | $1,350 | $950 - $3,200 | $1,200 - $1,550 |
| House | 3 Bedroom | $1,813 | $1,792 | $800 - $3,800 | $1,675 - $1,910 |
| House | 4+ Bedroom | $2,406 | $2,315 | $1,495 - $3,495 | $2,045 - $2,700 |
In the current period, the average rent in Kannapolis was $1,195 for Studio, $1,325 for 1 Bedroom, $1,569 for 2 Bedroom, $1,826 for 3 Bedroom, and $2,237 for 4+ Bedroom.
Data provided by Rentometer, Inc.