FIPS 37025 · population 236,133 · part of Charlotte, NC
The latest county-level Zillow ZORI is $1,829 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,469 | Cabarrus County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,538 | Cabarrus County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,686 | Cabarrus County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,076 | Cabarrus County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $2,637 | Cabarrus County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 37025. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Cabarrus County presents a decision tension: Zillow’s 2026-06 median home value is $389,599 after a 0.73% year-over-year decline, while median asking rent is $1,829 and the supplied gross yield is 5.63% before costs. This merits investigation by buyers who can validate parcel-level expenses and rent comps; buyers assuming uninterrupted price strength should be cautious. FHFA’s 2025 repeat-transaction HPI rose 2.09%, challenging Zillow’s direction, but it is neither a home value nor a rate to combine with Zillow’s different-vintage measure.
Market rent, not HUD FMR, underlies the stated yield. HUD’s $1,686 two-bedroom FMR is a payment standard rather than an asking-rent estimate, so it cannot replace the published market-rent observation. The price-to-rent case also carries a 0.73% effective property-tax rate and $2,586 median annual tax. Gross yield excludes these costs and does not establish net cash flow. Operating statements, vacancy, maintenance, financing, and assessment-basis detail are not published.
At Realtor.com’s 2026-06 observation, 770 active MLS listings, 54 median days on market, and a 26.16% price-reduced share indicate visible supply and seller concessions. These are asking-market indicators, not closed-sale prices or proof of demand alone. Positive net migration combines with higher average AGI among inbound than outbound mover households: a demand screen, not evidence of lease absorption. The supplied investor share is based on investor and total purchases, indicating non-owner competition but not a target property’s buyer mix. QCEW’s 2025 annual covered-workplace data report employment and wage gains, not resident employment or an outlook; Trade, transportation, and utilities is the largest disclosed private supersector.
Inland flood is the dominant hazard, and the modeled annual climate-loss ratio is 0.16% of building value; it is a modeled county-level risk metric, not a property loss estimate. Flood-zone, elevation, and insurance-quote evidence are not published and are needed before hazard carrying costs can be underwritten. Closed-sale comparables and unit-level rent comps are also not published, preventing a firm conclusion on value and rent durability.
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 28025 rental reportCabarrus County | Concord, NC | $1,831 | ▲ 3.3% | 47.5% | 58,334 |
| ZIP 28027 rental reportCabarrus County | Concord, NC | $1,766 | ▲ 1.3% | 49.3% | 81,772 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.162% of building value expected lost per year
$2,586 median annual bill
8,862 in · 7,778 out
$69,312 arriving · $64,741 leaving
447 of 3,705 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Cabarrus County | 236,133 | $390k | $1,829 | 5.6% | inland flooding |
| Mecklenburg County | 1,154,681 | $424k | $1,751 | 5.0% | inland flooding |
| York County | 293,673 | $393k | $1,645 | 5.0% | inland flooding |
| Union County | 250,958 | $456k | $2,094 | 5.5% | inland flooding |
| Gaston County | 234,881 | $303k | $1,691 | 6.7% | inland flooding |
| Iredell County | 196,544 | $391k | $1,643 | 5.0% | inland flooding |
| Rowan County | 149,875 | $282k | $1,345 | 5.7% | inland flooding |
| Lancaster County | 104,475 | $392k | $1,762 | 5.4% | inland flooding |
| Lincoln County | 92,716 | $409k | $1,579 | 4.6% | inland flooding |
The published rent is median asking market rent; HUD FMR is a separate two-bedroom payment standard.
They measure MLS listing-market supply, asking-price reductions, and marketing time, not closed-sale pricing.
No. It is annual covered employment at workplaces located in the county, with covered-worker wages.