Charlotte, NC Rental Market Trends
Last updated: October 23, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,653, a 0.49% decrease compared to the previous year, when the average rent was $1,661.
Studio Apartments at $1,313 offer the most budget-friendly option with 540 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 743 square feet for $1,470, balancing privacy and affordability.
Two-beedroom units at $1,745 offer 1,083 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,385 sq ft) for $2,057, suitable for larger households.
Average rent in Charlotte, NC
Last updated: October 23, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,653 | 948 sq. ft. |
| Studio | $1,313 | 540 sq. ft. |
| 1 Bed | $1,470 | 743 sq. ft. |
| 2 Beds | $1,745 | 1,083 sq. ft. |
| 3 Beds | $2,057 | 1,385 sq. ft. |
Charlotte, NC rent trends
What's the typical rent budget in Charlotte, NC?
The largest share of rentals in Charlotte, NC (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Charlotte, NC?
175,055 or 48% of the households in Charlotte, NC are renter-occupied while 186,045 or 52% are owner-occupied.
Most affordable neighborhoods in Charlotte?
Plaza - Shamrock $1,024/month
Plaza - Shamrock $1,024/month
Cotswold $1,099/month
All of these neighborhoods fall below the city wide average of $1,653/month.Most expensive neighborhoods in Charlotte?
Stone Creek Ranch $2,223/month
Brookhill $2,522/month
Brookhill $2,522/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,522 |
| Brookhill | $2,522 |
| Stone Creek Ranch | $2,223 |
| Stone Creek Ranch | $2,223 |
| Barclay Downs | $2,173 |
| Barclay Downs | $2,173 |
| Smallwood | $2,098 |
| Smallwood | $2,098 |
| Foxcroft | $2,061 |
| Foxcroft | $2,061 |
| Providence Park | $2,022 |
| Providence Park | $2,022 |
| Uptown Charlotte | $2,015 |
| Uptown Charlotte | $2,015 |
| Myers Park | $2,000 |
| Myers Park | $2,000 |
| Provincetowne | $1,992 |
| Provincetowne | $1,992 |
| Sedgefield | $1,987 |
| Sedgefield | $1,987 |
| Olde Providence South | $1,979 |
| Olde Providence South | $1,979 |
| The South End | $1,962 |
| The South End | $1,962 |
| Wilmore | $1,962 |
| Wilmore | $1,962 |
| Dilworth | $1,957 |
| Dilworth | $1,957 |
| College Downs | $1,955 |
| College Downs | $1,955 |
| Southside Park | $1,913 |
| Southside Park | $1,913 |
| Back Creek Church Road | $1,912 |
| Back Creek Church Road | $1,912 |
| University City South | $1,893 |
| University City South | $1,893 |
| Ballantyne | $1,876 |
| Ballantyne | $1,876 |
| Coulwood | $1,864 |
| Coulwood | $1,864 |
| York Road | $1,855 |
| York Road | $1,855 |
| The Palisades | $1,853 |
| The Palisades | $1,853 |
| Harris - Houston | $1,831 |
| Harris - Houston | $1,831 |
| Mountain Island | $1,808 |
| Mountain Island | $1,808 |
| Optimist Park | $1,781 |
| Optimist Park | $1,781 |
| Elizabeth | $1,777 |
| Elizabeth | $1,777 |
| Berewick | $1,744 |
| Berewick | $1,744 |
| Ashley Park | $1,732 |
| Ashley Park | $1,732 |
| North Charlotte | $1,728 |
| North Charlotte | $1,728 |
| Robinson Church Road | $1,724 |
| Robinson Church Road | $1,724 |
| Villa Heights | $1,714 |
| Villa Heights | $1,714 |
| Oxford Hunt | $1,689 |
| Oxford Hunt | $1,689 |
| Plaza Midwood | $1,684 |
| Plaza Midwood | $1,684 |
| Highland Creek | $1,667 |
| Highland Creek | $1,667 |
| Arbor Hills | $1,651 |
| Arbor Hills | $1,651 |
| Newell | $1,645 |
| Newell | $1,645 |
| McAlpine | $1,644 |
| McAlpine | $1,644 |
| Sugaw Creek - Ritch Avenue | $1,621 |
| Sugaw Creek - Ritch Avenue | $1,621 |
| Brown Road | $1,616 |
| Brown Road | $1,616 |
| Griers Fork | $1,608 |
| Griers Fork | $1,608 |
| Hampshire Hills | $1,608 |
| Hampshire Hills | $1,608 |
| University City North | $1,599 |
| University City North | $1,599 |
| Montclaire - Madison Park | $1,594 |
| Montclaire - Madison Park | $1,594 |
| Collingwood | $1,592 |
| Collingwood | $1,592 |
| Seversville | $1,591 |
| Seversville | $1,591 |
| Whiteoak | $1,591 |
| Whiteoak | $1,591 |
| Tryon Hills | $1,590 |
| Tryon Hills | $1,590 |
| Eagle Lake | $1,588 |
| Eagle Lake | $1,588 |
| Olde Whitehall | $1,588 |
| Olde Whitehall | $1,588 |
| Rain Tree | $1,588 |
| Rain Tree | $1,588 |
| Steele Creek | $1,585 |
| Steele Creek | $1,585 |
| Withrow Downs | $1,565 |
| Withrow Downs | $1,565 |
| Prosperity Church Road | $1,560 |
| Prosperity Church Road | $1,560 |
| Wesley Heights | $1,529 |
| Wesley Heights | $1,529 |
| Northlake | $1,528 |
| Northlake | $1,528 |
| Sharon Woods | $1,518 |
| Sharon Woods | $1,518 |
| Mill Creek | $1,517 |
| Mill Creek | $1,517 |
| Sardis | $1,515 |
| Sardis | $1,515 |
| Mineral Springs - Rumble Road | $1,514 |
| Mineral Springs - Rumble Road | $1,514 |
| Touchstone Village - Elm Lane | $1,504 |
| Touchstone Village - Elm Lane | $1,504 |
| Wessex Square | $1,476 |
| Wessex Square | $1,476 |
| Montclaire South | $1,460 |
| Montclaire South | $1,460 |
| Yorkmount | $1,453 |
| Yorkmount | $1,453 |
| Lansdowne | $1,445 |
| Lansdowne | $1,445 |
| Yorkshire | $1,440 |
| Yorkshire | $1,440 |
| Rockwell Park - Hemphill Heights | $1,426 |
| Rockwell Park - Hemphill Heights | $1,426 |
| Clanton Park - Roseland | $1,412 |
| Clanton Park - Roseland | $1,412 |
| Steelecroft Place | $1,402 |
| Steelecroft Place | $1,402 |
| Hidden Valley | $1,382 |
| Hidden Valley | $1,382 |
| East Forest | $1,380 |
| East Forest | $1,380 |
| Eastway - Sheffield Park | $1,361 |
| Eastway - Sheffield Park | $1,361 |
| Eastland - Wilora Lake | $1,356 |
| Eastland - Wilora Lake | $1,356 |
| Park Crossing | $1,355 |
| Park Crossing | $1,355 |
| Briarcreek - Woodland | $1,342 |
| Briarcreek - Woodland | $1,342 |
| Farm Pond | $1,329 |
| Farm Pond | $1,329 |
| Idlewild | $1,325 |
| Idlewild | $1,325 |
| North Sharon Amity - Reddman Road | $1,320 |
| North Sharon Amity - Reddman Road | $1,320 |
| Starmount | $1,311 |
| Starmount | $1,311 |
| Seven Eagles | $1,303 |
| Seven Eagles | $1,303 |
| West Bolevard | $1,275 |
| West Bolevard | $1,275 |
| Toddville Road | $1,266 |
| Toddville Road | $1,266 |
| Hickory Ridge | $1,252 |
| Hickory Ridge | $1,252 |
| Thomasboro - Hoskins | $1,225 |
| Thomasboro - Hoskins | $1,225 |
| Oakhurst | $1,223 |
| Oakhurst | $1,223 |
| Shannon Park | $1,217 |
| Shannon Park | $1,217 |
| Enderly Park | $1,194 |
| Enderly Park | $1,194 |
| Cotswold | $1,099 |
| Cotswold | $1,099 |
| Plaza - Shamrock | $1,024 |
| Plaza - Shamrock | $1,024 |
/
/
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is the same as in Arbor Hills
$1,651
Arbor Hills rent is 1% lower than Charlotte average
Average Rent
$1,651
$1,651
Arbor Hills rent is 1% lower than Charlotte average
Average Rent
$1,651
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,653 |
| Concord | $1,535 |
| Raleigh | $1,591 |
| Fayetteville | $1,276 |
| Durham | $1,555 |
| Greensboro | $1,320 |
| Winston - Salem | $1,293 |
| Cary | $1,664 |
| Wilmington | $1,629 |
| Asheville | $1,716 |
| Huntersville, NC | $1,662 |
| Gastonia, NC | $1,403 |
| Fort Mill, SC | $1,692 |
| Kannapolis, NC | $1,528 |
| Mooresville, NC | $1,618 |
| Monroe, NC | $1,481 |
| Troutman, NC | $2,236 |
| Rock Hill, SC | $1,450 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Charlotte apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.