{
  "schema_version": "1.0",
  "submarket": {
    "slug": "kannapolis-nc",
    "name": "Kannapolis",
    "state": "NC",
    "city": "KANNAPOLIS",
    "cbsa": "Charlotte-Concord-Gastonia",
    "zip_codes": [
      "28081",
      "28083"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T17:20:32.540Z",
    "last_updated_at": "2026-10-03T17:20:30.344Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1410,
        "low": 1354,
        "high": 1467,
        "mom_pct": 1.639111111111111,
        "yoy_pct": -0.742
      },
      "2br": {
        "median": 1372,
        "low": 1317,
        "high": 1427,
        "mom_pct": -4.732666666666667,
        "yoy_pct": -5.347599999999999
      },
      "3br": {
        "median": 1606,
        "low": 1525,
        "high": 1686,
        "mom_pct": -15.656071428571428,
        "yoy_pct": -15.611428571428572
      },
      "4br": {
        "median": 2853,
        "low": 2767,
        "high": 2939,
        "mom_pct": 1.947142857142857,
        "yoy_pct": 2.9471428571428575
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1483,
        "low": 1461,
        "high": 1506,
        "mom_pct": 0.4166666666666667,
        "yoy_pct": -1.1700000000000002
      },
      "2br": {
        "median": 1313,
        "low": 1280,
        "high": 1345,
        "mom_pct": -6.3475,
        "yoy_pct": -9.855
      },
      "3br": {
        "median": 1911,
        "low": 1821,
        "high": 2001,
        "mom_pct": -4.152857142857143,
        "yoy_pct": -4.645714285714286
      },
      "4br": {
        "median": 3240,
        "low": 3120,
        "high": 3359,
        "mom_pct": 0.81,
        "yoy_pct": 3.3800000000000003
      }
    },
    "single_family": {
      "1br": {
        "median": 1114,
        "low": 1080,
        "high": 1147,
        "mom_pct": -14.45,
        "yoy_pct": -13.90625
      },
      "2br": {
        "median": 1261,
        "low": 1215,
        "high": 1308,
        "mom_pct": -5.583333333333333,
        "yoy_pct": -5.089444444444444
      },
      "3br": {
        "median": 1781,
        "low": 1697,
        "high": 1865,
        "mom_pct": -3.5507692307692307,
        "yoy_pct": 4.095384615384615
      },
      "4br": {
        "median": 2178,
        "low": 2101,
        "high": 2254,
        "mom_pct": 3.564,
        "yoy_pct": 6.807333333333332
      }
    }
  },
  "vacancy": 4.2295,
  "days_on_market": {
    "apartment": 30,
    "condo_townhome": 26,
    "single_family": 23
  },
  "ai_summary": [
    {
      "headline": "4BR condos increase 3.4% YoY to $3,240",
      "body": "Within Kannapolis (28081, 28083), 4-bedroom condo/townhome units posted a 3.38% year-over-year rise in median rent, reaching $3,240 in August 2026. This growth outpaced all other condo segments, and highlights upward momentum for larger units among investors considering the Kannapolis (28081, 28083) market."
    },
    {
      "headline": "3BR apartment rents drop 15.7% MoM",
      "body": "A significant monthly decline hit 3-bedroom apartments in Kannapolis (28081, 28083), where the segment fell 15.66% MoM to $1,606. In comparison, 3-bedroom single-family homes decreased just 3.55% MoM, demonstrating less volatility for detached rentals than apartments this cycle."
    },
    {
      "headline": "1BR single-family sees 14.5% MoM decline",
      "body": "Recent Kannapolis (28081, 28083) rental trends indicate that 1-bedroom single-family homes experienced a sharp 14.45% month-over-month drop, bringing the median rent down to $1,114. Owners of smaller homes should factor in this contraction when setting pricing or considering renewal offers in the current environment."
    }
  ],
  "summary": {
    "canonical": [
      "As of August 2026, rental prices in Kannapolis, NC range from $1,114 to $3,240 per month depending on property type and bedroom count.",
      "The sharpest year-over-year change is a -15.61% decrease for 3-bedroom apartments in Kannapolis, NC.",
      "For 2-bedroom rentals, apartments have a median rent of $1,372 while condos/townhomes are slightly lower at $1,313."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Kannapolis, NC for August 2026?",
        "answer": "In August 2026, rents in Kannapolis, NC range from a low of $1,114 for a 1-bedroom single-family home to a high of $3,240 for a 4-bedroom condo/townhome."
      },
      {
        "question": "Which rental segment in Kannapolis, NC saw the biggest month-over-month change in rent in August 2026?",
        "answer": "The largest month-over-month shift was for 1-bedroom single-family rentals, which dropped by -14.45% in August 2026."
      },
      {
        "question": "What rental segment in Kannapolis, NC had the largest annual decline, and was this decline limited or broad?",
        "answer": "The steepest annual decline was for 3-bedroom apartments at -15.61% year-over-year, and apartments overall experienced sizable YoY decreases across 1BR, 2BR, and 3BR units."
      },
      {
        "question": "What is the most affordable property and bedroom combination currently available in Kannapolis, NC?",
        "answer": "The most affordable rent in Kannapolis, NC as of August 2026 is a 1-bedroom single-family home at $1,114 per month."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1410,
          "2br": 1372,
          "3br": 1606,
          "4br": 2853
        },
        "condo_townhome": {
          "1br": 1483,
          "2br": 1313,
          "3br": 1911,
          "4br": 3240
        },
        "single_family": {
          "1br": 1114,
          "2br": 1261,
          "3br": 1781,
          "4br": 2178
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1290,
          "2br": 1433,
          "3br": 1914,
          "4br": 2859
        },
        "condo_townhome": {
          "1br": 1437,
          "2br": 1447,
          "3br": 2025,
          "4br": 3214
        },
        "single_family": {
          "1br": 1303,
          "2br": 1338,
          "3br": 1851,
          "4br": 2102
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1306,
          "2br": 1385,
          "3br": 1931,
          "4br": 2823
        },
        "condo_townhome": {
          "1br": 1461,
          "2br": 1429,
          "3br": 2020,
          "4br": 3188
        },
        "single_family": {
          "1br": 1303,
          "2br": 1329,
          "3br": 1821,
          "4br": 2054
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1286,
          "2br": 1395,
          "3br": 1917,
          "4br": 2862
        },
        "condo_townhome": {
          "1br": 1449,
          "2br": 1479,
          "3br": 2007,
          "4br": 3149
        },
        "single_family": {
          "1br": 1281,
          "2br": 1329,
          "3br": 1759,
          "4br": 2019
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1298,
          "2br": 1388,
          "3br": 1908,
          "4br": 2873
        },
        "condo_townhome": {
          "1br": 1454,
          "2br": 1445,
          "3br": 2008,
          "4br": 3120
        },
        "single_family": {
          "1br": 1281,
          "2br": 1351,
          "3br": 1715,
          "4br": 2004
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1280,
          "2br": 1380,
          "3br": 1891,
          "4br": 2866
        },
        "condo_townhome": {
          "1br": 1425,
          "2br": 1430,
          "3br": 1988,
          "4br": 3105
        },
        "single_family": {
          "1br": 1264,
          "2br": 1345,
          "3br": 1697,
          "4br": 1997
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1254,
          "2br": 1387,
          "3br": 1949,
          "4br": 2876
        },
        "condo_townhome": {
          "1br": 1444,
          "2br": 1436,
          "3br": 2033,
          "4br": 3129
        },
        "single_family": {
          "1br": 1238,
          "2br": 1345,
          "3br": 1702,
          "4br": 1993
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1278,
          "2br": 1383,
          "3br": 1953,
          "4br": 2883
        },
        "condo_townhome": {
          "1br": 1441,
          "2br": 1442,
          "3br": 2014,
          "4br": 3159
        },
        "single_family": {
          "1br": 1251,
          "2br": 1344,
          "3br": 1714,
          "4br": 1974
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1277,
          "2br": 1401,
          "3br": 1947,
          "4br": 2875
        },
        "condo_townhome": {
          "1br": 1462,
          "2br": 1446,
          "3br": 2039,
          "4br": 3180
        },
        "single_family": {
          "1br": 1276,
          "2br": 1338,
          "3br": 1701,
          "4br": 1998
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1325,
          "2br": 1389,
          "3br": 1925,
          "4br": 2895
        },
        "condo_townhome": {
          "1br": 1471,
          "2br": 1444,
          "3br": 2049,
          "4br": 3180
        },
        "single_family": {
          "1br": 1315,
          "2br": 1323,
          "3br": 1711,
          "4br": 2009
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1325,
          "2br": 1382,
          "3br": 1910,
          "4br": 2869
        },
        "condo_townhome": {
          "1br": 1448,
          "2br": 1469,
          "3br": 2036,
          "4br": 3163
        },
        "single_family": {
          "1br": 1321,
          "2br": 1307,
          "3br": 1707,
          "4br": 2035
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1334,
          "2br": 1428,
          "3br": 1898,
          "4br": 2851
        },
        "condo_townhome": {
          "1br": 1464,
          "2br": 1492,
          "3br": 2042,
          "4br": 3151
        },
        "single_family": {
          "1br": 1317,
          "2br": 1319,
          "3br": 1710,
          "4br": 2028
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/kannapolis-nc/",
    "self": "https://data.estaite.com/feeds/kannapolis-nc.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}