{
  "schema_version": "1.0",
  "submarket": {
    "slug": "denver-nc-lake-norman-west-nc",
    "name": "Denver NC / Lake Norman West",
    "state": "NC",
    "city": "DENVER",
    "cbsa": "Charlotte-Concord-Gastonia",
    "zip_codes": [
      "28037"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T03:36:29.960Z",
    "last_updated_at": "2026-10-03T03:36:36.456Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1308,
        "low": 1260,
        "high": 1357,
        "mom_pct": 3.02,
        "yoy_pct": 4.66
      },
      "2br": {
        "median": 1490,
        "low": 1430,
        "high": 1550,
        "mom_pct": 3.68,
        "yoy_pct": 7.35
      },
      "3br": {
        "median": 1767,
        "low": 1733,
        "high": 1850,
        "mom_pct": -5.18,
        "yoy_pct": -3.78
      },
      "4br": {
        "median": 2166,
        "low": 2128,
        "high": 2235,
        "mom_pct": 0.46,
        "yoy_pct": 5.61
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1263,
        "low": 1244,
        "high": 1281,
        "mom_pct": 1,
        "yoy_pct": 0.84
      },
      "2br": {
        "median": 1378,
        "low": 1344,
        "high": 1413,
        "mom_pct": -4.68,
        "yoy_pct": -6.55
      },
      "3br": {
        "median": 1906,
        "low": 1859,
        "high": 1954,
        "mom_pct": 0.87,
        "yoy_pct": 0.87
      },
      "4br": {
        "median": 2147,
        "low": 2099,
        "high": 2222,
        "mom_pct": 1.04,
        "yoy_pct": 6.5
      }
    },
    "single_family": {
      "1br": {
        "median": 1045,
        "low": 1013,
        "high": 1076,
        "mom_pct": -11.69,
        "yoy_pct": -11.39
      },
      "2br": {
        "median": 1190,
        "low": 1154,
        "high": 1225,
        "mom_pct": -10.56,
        "yoy_pct": -11.49
      },
      "3br": {
        "median": 2156,
        "low": 2048,
        "high": 2263,
        "mom_pct": 6.93,
        "yoy_pct": 6.45
      },
      "4br": {
        "median": 2537,
        "low": 2443,
        "high": 2631,
        "mom_pct": 3.92,
        "yoy_pct": 3.75
      }
    }
  },
  "vacancy": 4.9222,
  "days_on_market": {
    "apartment": 27,
    "condo_townhome": 27,
    "single_family": 25
  },
  "ai_summary": [
    {
      "headline": "1BR apartment rents up 3.02% MoM",
      "body": "In the Denver NC / Lake Norman West (28037) rental market, 1-bedroom apartments saw median rent climb 3.02% month-over-month to $1,308, with a 4.66% year-over-year increase. This growth rate outpaces 1-bedroom condos, which posted a 1% monthly rise and a 0.84% annual gain within Denver NC / Lake Norman West (28037)."
    },
    {
      "headline": "3BR single-family rent leads at $2,156",
      "body": "Three-bedroom single-family homes in Denver NC / Lake Norman West (28037) reached a median rent of $2,156, marking a 6.93% month-over-month increase and a 6.45% rise year-over-year. These homes surpass 3-bedroom apartments by $389 and 3-bedroom condos by $250 in Denver NC / Lake Norman West (28037)."
    },
    {
      "headline": "2BR condos decline 6.55% YoY, $1,378 median",
      "body": "For 2-bedroom condo/townhomes, Denver NC / Lake Norman West (28037) rental trends reflect a 6.55% year-over-year decrease, bringing median rent to $1,378 along with a 4.68% monthly drop. This segment shows the steepest annual decline among major configurations tracked in Denver NC / Lake Norman West (28037)."
    }
  ],
  "summary": {
    "canonical": [
      "As of August 2026, rental prices in Denver NC / Lake Norman West, NC range from $1,045 to $2,537 per month depending on property type and bedroom count.",
      "The largest year-over-year change was a -11.49% decrease for single-family 2BR rentals in Denver NC / Lake Norman West, NC.",
      "Among 3BR options, single-family homes are priced at $2,156, while apartments are at $1,767."
    ],
    "qa": [
      {
        "question": "What is the rent range in Denver NC / Lake Norman West, NC for August 2026?",
        "answer": "As of August 2026, rental prices in Denver NC / Lake Norman West, NC range from $1,045 for a single-family 1BR up to $2,537 for a single-family 4BR."
      },
      {
        "question": "What is the most affordable rental option in Denver NC / Lake Norman West, NC?",
        "answer": "The most affordable rental option is a single-family 1BR with a median rent of $1,045 in August 2026."
      },
      {
        "question": "Which rental segment in Denver NC / Lake Norman West, NC shows an outlier or dramatic change in price or trend?",
        "answer": "The single-family 2BR segment stands out with a sharp year-over-year decline of -11.49%, bringing the median rent to $1,190 in August 2026."
      },
      {
        "question": "Are rents in Denver NC / Lake Norman West, NC generally rising or falling across property types as of August 2026?",
        "answer": "The year-over-year data shows apartment 2BR rents increased by 7.35% to $1,490, while single-family 1BR and 2BR rents both declined by -11.39% and -11.49% respectively, indicating both upward and downward movements depending on segment."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1308,
          "2br": 1490,
          "3br": 1767,
          "4br": 2166
        },
        "condo_townhome": {
          "1br": 1263,
          "2br": 1378,
          "3br": 1906,
          "4br": 2147
        },
        "single_family": {
          "1br": 1045,
          "2br": 1190,
          "3br": 2156,
          "4br": 2537
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1270,
          "2br": 1437,
          "3br": 1863,
          "4br": 2156
        },
        "condo_townhome": {
          "1br": 1250,
          "2br": 1446,
          "3br": 1890,
          "4br": 2125
        },
        "single_family": {
          "1br": 1183,
          "2br": 1330,
          "3br": 2016,
          "4br": 2441
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1269,
          "2br": 1410,
          "3br": 1856,
          "4br": 2144
        },
        "condo_townhome": {
          "1br": 1239,
          "2br": 1421,
          "3br": 1876,
          "4br": 2088
        },
        "single_family": {
          "1br": 1176,
          "2br": 1324,
          "3br": 2002,
          "4br": 2423
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1269,
          "2br": 1403,
          "3br": 1860,
          "4br": 2127
        },
        "condo_townhome": {
          "1br": 1234,
          "2br": 1435,
          "3br": 1877,
          "4br": 2064
        },
        "single_family": {
          "1br": 1169,
          "2br": 1328,
          "3br": 1986,
          "4br": 2403
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1261,
          "2br": 1356,
          "3br": 1832,
          "4br": 2114
        },
        "condo_townhome": {
          "1br": 1226,
          "2br": 1432,
          "3br": 1877,
          "4br": 2052
        },
        "single_family": {
          "1br": 1167,
          "2br": 1300,
          "3br": 1994,
          "4br": 2396
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1255,
          "2br": 1355,
          "3br": 1830,
          "4br": 2096
        },
        "condo_townhome": {
          "1br": 1232,
          "2br": 1461,
          "3br": 1887,
          "4br": 2046
        },
        "single_family": {
          "1br": 1171,
          "2br": 1313,
          "3br": 2028,
          "4br": 2399
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1248,
          "2br": 1359,
          "3br": 1822,
          "4br": 2086
        },
        "condo_townhome": {
          "1br": 1239,
          "2br": 1453,
          "3br": 1855,
          "4br": 2050
        },
        "single_family": {
          "1br": 1178,
          "2br": 1316,
          "3br": 2067,
          "4br": 2407
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1242,
          "2br": 1375,
          "3br": 1830,
          "4br": 2072
        },
        "condo_townhome": {
          "1br": 1254,
          "2br": 1467,
          "3br": 1869,
          "4br": 2060
        },
        "single_family": {
          "1br": 1189,
          "2br": 1353,
          "3br": 2082,
          "4br": 2367
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1231,
          "2br": 1368,
          "3br": 1822,
          "4br": 2052
        },
        "condo_townhome": {
          "1br": 1259,
          "2br": 1482,
          "3br": 1855,
          "4br": 2066
        },
        "single_family": {
          "1br": 1198,
          "2br": 1357,
          "3br": 2032,
          "4br": 2377
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1249,
          "2br": 1360,
          "3br": 1827,
          "4br": 2035
        },
        "condo_townhome": {
          "1br": 1265,
          "2br": 1499,
          "3br": 1889,
          "4br": 2067
        },
        "single_family": {
          "1br": 1205,
          "2br": 1375,
          "3br": 2010,
          "4br": 2388
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1247,
          "2br": 1368,
          "3br": 1827,
          "4br": 2029
        },
        "condo_townhome": {
          "1br": 1260,
          "2br": 1491,
          "3br": 1885,
          "4br": 2055
        },
        "single_family": {
          "1br": 1202,
          "2br": 1361,
          "3br": 2026,
          "4br": 2457
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1263,
          "2br": 1375,
          "3br": 1831,
          "4br": 2036
        },
        "condo_townhome": {
          "1br": 1263,
          "2br": 1463,
          "3br": 1898,
          "4br": 2036
        },
        "single_family": {
          "1br": 1191,
          "2br": 1354,
          "3br": 2044,
          "4br": 2443
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/denver-nc-lake-norman-west-nc/",
    "self": "https://data.estaite.com/feeds/denver-nc-lake-norman-west-nc.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}