Rent affordability
How much rent can you afford in Concord, NC?
You need an income of about $59,520 a year to rent a typical 1-bedroom in Concord under the 30% rule. That apartment rents for about $1,225 a month in the Charlotte-Concord-Gastonia, NC-SC metro as of August 2026, plus about $263 for utilities, internet, and renters insurance. At Concord's median household income of $86,921, the rule leaves about $1,910 a month for rent.
- Metro 1-bedroom
- $1,225 / month
- Income needed
- $59,520 / year
- Housing share
- 21% of gross
- Apartment utilities
- $178 / month
Max rent in Concord, NC
$1,910/mo
30% of gross income is $2,173 a month. Utilities, internet, and renters insurance take $263, which leaves $1,910 for rent.
A typical 1-bedroom in the Charlotte metro rents for about $1,225, $685 under your max.
- Take-home
- $5,524/moAfter estimated federal tax, state tax, and FICA.
- Move-in cash
- $3,820First month and a one-month deposit, at your max rent.
- Landlord screen
- $2,414/moHighest rent if a landlord wants income of 36× the rent.
Monthly budget
Where take-home pay of $5,524 goes at your max rent of $1,910. Each slice is its share of take-home.
- Rent35%$1,910
- Electric, gas, water3%$178
- Internet1%$71
- Renters insurance<1%$14
- Left over61%$3,351
Housing comes to $2,173 a month, 30% of gross income and 39% of take-home. That leaves $3,351 for food, transportation, savings, and everything else.
Search Concord, NC
Find 1-bedrooms in Concord, NC under $1,900
Rounded down from your max rent of $1,910.
What renters in Concord pay and earn
Of the 38,669 households in Concord, 35% rent. The median renter household earns $60,361 a year. Median gross rent, which is rent plus utilities across every lease including ones signed years ago, is $1,451 a month. 52% of renters spend 30% or more of income on rent and utilities, and 22% spend half or more.
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020–2024, for Concord city, North Carolina. See how Concord compares in the affordability rankings.
Rent in Concord
These rents are the Charlotte-Concord-Gastonia, NC-SC metro medians. Concord does not have its own rent series. Updated August 2026, -2.5% from a year earlier. The 1-bedroom median moved from $1,257 in August 2025 to $1,225 in August 2026. The 2-bedroom median moved from $1,283 in August 2025 to $1,250 in August 2026. Studio and 3-bedroom figures are estimates scaled from the published 1- and 2-bedroom medians.
This series is the metro median from Apartment List, not a single building. brightplace also stores each community's asking rent from daily listing scrapes. That history stays on the property page, because a building's price is not the city median. brightplace lists 16 apartment communities with units available in Concord, about 782 apartments in all. Browse communities in Concord.
How median rent changed
Each point is the overall median asking rent for one month. The vertical scale runs from the low to the high in this period, not from zero. Percentages on the right are the change since August 2025, marked by the dashed line.
Charlotte-Concord-Gastonia, NC-SC median rent: $1,348 in August 2025 to $1,314 in August 2026, down 2.5%. Low $1,304, high $1,348. 1-bedroom $1,225 in August 2026. 2-bedroom $1,250 in August 2026.
| Month | Overall | 1-bedroom | 2-bedroom |
|---|---|---|---|
| August 2025 | $1,348 | $1,257 | $1,283 |
| September 2025 | $1,345 | $1,253 | $1,280 |
| October 2025 | $1,335 | $1,244 | $1,270 |
| November 2025 | $1,320 | $1,230 | $1,256 |
| December 2025 | $1,308 | $1,219 | $1,245 |
| January 2026 | $1,304 | $1,215 | $1,240 |
| February 2026 | $1,305 | $1,216 | $1,241 |
| March 2026 | $1,307 | $1,218 | $1,244 |
| April 2026 | $1,309 | $1,220 | $1,246 |
| May 2026 | $1,311 | $1,222 | $1,248 |
| June 2026 | $1,312 | $1,223 | $1,248 |
| July 2026 | $1,312 | $1,223 | $1,249 |
| August 2026 | $1,314 | $1,225 | $1,250 |
True monthly cost
What a typical apartment costs each month at the metro median rent: rent plus an apartment utility estimate, state-average internet, and state-average renters insurance. Studio and 3-bedroom rents are estimates. Utilities and insurance are estimates, not a quote from a building.
| Cost | Studio | 1-bedroom | 2-bedroom | 3-bedroom |
|---|---|---|---|---|
| Rent | $1,108 | $1,225 | $1,250 | $1,776 |
| Utilities (estimate) | $161 | $178 | $261 | $371 |
| Internet (estimate) | $71 | $71 | $71 | $71 |
| Renters insurance (estimate) | $14 | $14 | $14 | $14 |
| Total | $1,354 | $1,488 | $1,596 | $2,232 |
The household utility median in Concord is $471 a month. Apartment bills are lower than that all-household figure, so the estimate scales a national apartment baseline instead of using it directly.
Take-home pay and max rent
Single filer, standard deduction, estimated North Carolina income tax and FICA. Max rent is 30% of gross minus about $263 a month for 1-bedroom utilities, internet, and renters insurance. The landlord column is the highest rent when a landlord wants income of 36× the rent.
| Gross income | Take-home / month | Max rent | Landlord screen |
|---|---|---|---|
| $40,000 | $2,718 | $737 | $1,111 |
| $60,000 | $3,987 | $1,237 | $1,666 |
| $80,000 | $5,143 | $1,737 | $2,222 |
| $100,000 | $6,244 | $2,237 | $2,777 |
Rent versus buying in the metro
The monthly cost of the median-priced home in Charlotte-Concord-Gastonia, NC-SC was about $3,302, which is $1,988 more than the $1,314 median rent. That ownership cost was up 1.1% from a year earlier. The metro's price-to-income ratio is 4.73. The ratio was down 1.3% from a year earlier. Over five years it was up 12.4%. This is a metro-level comparison from Harvard's Joint Center for Housing Studies, not a payment on a specific house.
Household income in Concord
The calculator starts from Concord's median household income of $86,921 (±$4,284), the Census Bureau's 2020–2024 estimate for Concord city, North Carolina. The 5-year series is the one the Census publishes for every city. The 1-year figures below are newer but cover only larger areas. The U.S. Census Bureau's 2024 American Community Survey 1-year estimates put median household income at $85,938 in the Charlotte-Concord-Gastonia, NC-SC metro (up 2.7% from 2023) and $73,958 in North Carolina (up 1.5% from 2023).
Household utility bills in North Carolina
These are typical monthly bills for all household types in North Carolina, not an apartment quote. The rent calculator uses a smaller apartment estimate for electricity, gas, water, sewer, and trash, plus the internet row. The all-household core of those housing bills is $379 a month.
| Bill | Monthly |
|---|---|
| Electricity | $150 |
| Natural gas | $84 |
| Water | $23 |
| Sewer | $59 |
| Trash | $63 |
| Internet | $71 |
Nearby and similar cities
Concord's median household utility bill runs 36% above Charlotte. Rent on this page is the Charlotte metro median, which covers Concord.
In brightplace's rent affordability rankings, the Charlotte metro is 34 of 218: a typical 1-bedroom with utilities takes 28% of the median renter household's income in Charlotte.
Questions about renting in Concord
How much rent can I afford in Concord, NC?
Keep rent, utilities, internet, and renters insurance within 30% of gross income. At Concord's median household income of $86,921, that leaves about $1,910 a month for rent. A typical 1-bedroom in the Charlotte-Concord-Gastonia, NC-SC metro rents for about $1,225 as of August 2026, and the other costs add about $263, so it calls for about $59,520 a year.
What salary do you need to live in Concord?
To keep a typical 1-bedroom within 30% of gross income in Concord, you need about $59,520 a year: $1,225 in rent plus about $263 for utilities, internet, and renters insurance. A 2-bedroom at the metro median of $1,250 needs about $63,840. The median renter household in Concord earns $60,361 a year, per Census estimates for 2020–2024.
How much rent can I afford on $60,000 a year in Concord?
On $60,000 a year, the 30% rule allows $1,500 a month for housing. After about $263 for utilities, internet, and renters insurance, that leaves about $1,237 for rent, $12 more than the $1,225 typical 1-bedroom in the Charlotte-Concord-Gastonia, NC-SC metro. A single filer in North Carolina takes home about $3,987 a month after estimated federal and North Carolina income tax and FICA. This is an estimate, not tax advice.
What income do landlords require in Concord?
Many landlords in North Carolina screen for gross annual income of about 36 times the monthly rent, the same as three times the rent each month. For a $1,225 1-bedroom, that is about $44,100 a year. Requirements vary by building, so check the listing before paying an application fee.
What is the average rent in Concord?
In the Charlotte-Concord-Gastonia, NC-SC metro, which includes Concord, NC, estimated median rent as of August 2026 is $1,314 overall, $1,225 for a 1-bedroom, $1,250 for a 2-bedroom. Overall rent is -2.5% from a year earlier. The Census Bureau's 2020–2024 median gross rent in Concord, which counts utilities and leases signed years ago, is $1,451 a month.
How much are utilities for an apartment in Concord?
A 1-bedroom apartment in Concord, NC is estimated at about $178 a month for electricity, gas, and water, before internet. That scales a national apartment baseline by the local household utility median of $471. Actual bills depend on the building, what the lease includes, and how much you use.
Methodology and sources
Updated . Max rent is 30% of gross monthly income minus estimated utilities, internet, renters insurance, and any fees you enter. If you enter other bills, max rent also keeps housing plus those bills within 36% of gross income, a debt-to-income ratio lenders generally consider good. Federal tax uses 2026 brackets and the standard deduction. State tax uses 2025 single-filer brackets on gross income; married thresholds are doubled. FICA includes Social Security up to the 2026 wage base and Additional Medicare Tax. None of this is tax, legal, or housing advice. Read the financial disclosure.
- Apartment List Rent Estimates, August 2026 release
- IRS tax year 2026 brackets and standard deduction, including One Big Beautiful Bill adjustments
- Tax Foundation, 2025 State Individual Income Tax Rates and Brackets
- Insurance Information Institute and NAIC, 2025 homeowners and renters insurance data
- doxoINSIGHTS 2025 U.S. Utilities Market Size and Household Spending Report
- brightplace apartment utility reference (national baselines by unit size)
- HUD cost-burden thresholds and common landlord income screens
- U.S. Census Bureau, 2024 American Community Survey 1-year estimates (ACSBR-025)
- Compiled from public utility cost surveys and bill-pay data, 2025
- Harvard Joint Center for Housing Studies, State of the Nation's Housing 2026
- U.S. Census Bureau, American Community Survey 5-year estimates, 2020–2024 (tables B19013, B25003, B25031, B25064, B25070, and B25119)