The Zumper Charlotte Metro Report analyzed active listings in March across 8 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The North Carolina state median rent was $834 last month.
Cities Ranked By Rent
The Most Expensive
–Charlotte, NC rent, though dropping $50 to $1,150, continued to reign as the most expensive in the metro.
–Huntersville, NC saw rent grow $50 to $970, ranking as the second priciest city.
–Matthews, NC was third with one bedrooms priced at $960.
The Least Expensive
–Gastonia, NC remained the most affordable city even with rent growing $30 to $650.
–Concord, NC ranked as second with rent at $870.
–Mooresville, NC rent grew $10 to $890 but continued to be the third least expensive in the metro.
Growth Rate
The Fastest Growing (Y/Y%)
–Matthews, NC had the fastest growing rent since this time last year, up 10.3%.
The Fastest Growing (M/M%)
–Matthews, NC rent also had the largest monthly growth rate, climbing 5.5%.
–Huntersville, NC followed closely behind as second with rent growing 5.4% last month.
–Concord & Gastonia, NC tied for third with rents both up 4.8%.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Solana Beach | $2,890 | 5.10% | -9.70% | $3,780 | 5.00% | 3.60% |
| 2 | Coronado | $2,410 | -5.10% | -10.70% | $3,510 | 5.10% | -5.40% |
| 3 | San Marcos | $1,850 | 0.50% | 14.90% | $2,020 | 1.50% | 6.90% |
| 4 | Carlsbad | $1,820 | 0.60% | 9.00% | $2,300 | 0.00% | 0.40% |
| 4 | Encinitas | $1,820 | -5.20% | 7.10% | $2,580 | -5.10% | -11.00% |
| 6 | San Diego | $1,800 | 0.00% | 13.20% | $2,370 | 2.20% | 9.70% |
| 7 | Vista | $1,650 | 3.10% | 8.60% | $1,810 | 0.60% | 5.80% |
| 8 | Oceanside | $1,600 | 1.90% | 9.60% | $1,830 | -3.20% | 1.70% |
| 9 | Chula Vista | $1,540 | -1.90% | 6.20% | $1,840 | -0.50% | -2.10% |
| 10 | Poway | $1,530 | -5.00% | 0.00% | $1,810 | -3.20% | 8.40% |
| 11 | La Mesa | $1,520 | 4.10% | 9.40% | $1,850 | 1.10% | 6.90% |
| 12 | Escondido | $1,420 | 2.20% | 2.20% | $1,760 | 0.60% | 6.70% |
| 13 | Lemon Grove | $1,330 | 3.90% | 10.80% | $1,680 | 5.00% | 13.50% |
| 14 | El Cajon | $1,300 | 0.80% | 5.70% | $1,550 | 0.60% | 1.30% |
| 14 | Imperial Beach | $1,300 | 0.80% | 3.20% | $1,810 | 5.20% | 11.70% |
| 16 | Santee | $1,280 | -4.50% | -8.60% | $1,610 | 0.60% | 0.60% |
| 17 | National City | $1,170 | -4.90% | -7.10% | $1,640 | 5.10% | 0.00% |
About
The Zumper Charlotte Metro Report analyzed active listings that hit the market in March 2018. Listings are aggregated by city to calculate median asking rents.
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