Cornelius, North Carolina is a part of the Northwest Charlotte Submarket submarket area, and contains zip code 28031.
The 2019 average effective rent for Class A, B, and C apartments in the Cornelius, NC submarket area was $1,254, which is 23.30% higher than 2014 average rent. This represents a compounded annual growth rate of 4.28%. 2019 vacancy in Cornelius, NC was 5.40%.
The total population of the city of Cornelius, NC has grown 19.63% since 2010. As of 2018, the population was 29,748. The median household income of the Cornelius was $88,366, which is 46.56% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Northwest Charlotte Submarket
$1,254
23.30%
5.40%
$88,366
29,748
19.63%
46.56%
28031
Submarket Area Northwest Charlotte Submarket
Avg Rent $1,254
Rent Growth 23.30%
Vacancy 5.40%
Median Income $88,366
Population (2018) 29,748
Population Growth 19.63%
Vs. Nat’l Avg 46.56%
Zip Codes 28031
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.