Rental market snapshot for Carmel, Charlotte
Carmel rental market summary
The rental market in Carmel, North Carolina is showing signs of growth. In July 2023, there were 80 new listings, indicating that the market is expanding. The median rent in July 2023 was $2,195, which is the same as the median rent in June 2023. This suggests that the rental market is stable and not experiencing any significant changes in prices. However, when compared to the median rent in July 2022, the current median rent has increased by 15.8%. This indicates that the rental market in Carmel is growing and becoming more expensive.
Overall, the rental market in Carmel, North Carolina is showing signs of growth. The number of new listings is increasing, and the median rent is rising. This suggests that the rental market is becoming more expensive, but it is still stable. As the market continues to expand, it is likely that the median rent will continue to rise.
Median rent for all residential properties in Carmel
Get the latest rental data first
The most expensive listings and top trending buildings in Carmel
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 5617 Bethesda Ct | $2,361 | 4 / 2.5 |
| 5927 Carpenter Drive | $2,195 | 4 / 2.5 |
| 7309 Shadowlake Dr | $1,895 | 4 / 3.0 |
| 5808 Shadow Creek Road | $1,807 | 3 / 2.0 |
| 7601 Waterford Square Dr | $1,775 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Midwest Diversified | $968 |
Get the latest rental data first
Bedroom Breakdown in Carmel
Carmel neighborhood apartments rents
Uh-oh! Looks like we don't have any data in Carmel, North Carolina, for studios.
The rental market for 1-bedroom apartments in Carmel, North Carolina is showing signs of stability. In June 2023, there were two new 1-bedroom listings, and the median rent for 1-bedroom apartments was $968, a 4.9% decrease from the median rent in May 2023. This suggests that the rental market is not experiencing any significant changes in the short-term, and that the market is likely to remain stable in the near future.
The rental market for 2-bedroom apartments in Carmel, North Carolina is showing signs of growth. In July 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $1,448, a 6.6% increase from the median rent in June 2023, which was $1,358. This suggests that the rental market for 2-bedroom apartments in Carmel is becoming more competitive, and renters should expect to pay more for these types of apartments in the near future.