Charlotte, NC Rental Market Trends
What is the average rent in Charlotte?
The average rent for an apartment in Charlotte is $1,651. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Charlotte, NC
Last updated July 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,651 | 946 sq. ft. |
What is the average apartment size in Charlotte?
The average size for a Charlotte, NC apartment is 946 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Charlotte, NC apartment rent ranges
Charlotte, NC Occupied Housing Units
169,668 or 48% of the households in Charlotte, NC are renter-occupied while 184,774 or 52% are owner-occupied.
Charlotte, NC rent trends
Average Rent in Charlotte, NC By Neighborhood
| City | Average Rent |
|---|---|
| Eastover | $2,605 |
| Uptown Charlotte | $2,121 |
| The South End | $2,116 |
| Brookhill | $2,110 |
| Dilworth | $2,011 |
| Freedom Park | $1,947 |
| Cotswold | $1,894 |
| Foxcroft | $1,894 |
| Providence Park | $1,894 |
| Sherwood Forest | $1,894 |
| Stonehaven | $1,894 |
| Wendover - Sedgewood | $1,894 |
| Wilmore | $1,873 |
| Ballantyne | $1,854 |
| Piper Glen Estates | $1,854 |
| Providence Crossing | $1,854 |
| Provincetowne | $1,854 |
| Rain Tree | $1,854 |
| Stone Creek Ranch | $1,854 |
| Touchstone Village - Elm Lane | $1,854 |
| Whiteoak | $1,854 |
| Myers Park | $1,828 |
| Barclay Downs | $1,823 |
| Cherry | $1,819 |
| Elizabeth | $1,819 |
| Southside Park | $1,790 |
| Ashbrook - Clawson Village | $1,767 |
| Collingwood | $1,767 |
| Colonial Village | $1,767 |
| Sedgefield | $1,767 |
| Hembstead | $1,726 |
| Lansdowne | $1,726 |
| Oxford Hunt | $1,726 |
| Providence Plantation | $1,726 |
| Sardis | $1,726 |
| Grier Heights | $1,671 |
| Double Oaks | $1,669 |
| Druid Hills | $1,669 |
| Genesis Park | $1,669 |
| Greenville | $1,669 |
| J.T. Williams | $1,669 |
| Lockwood | $1,669 |
| Sugaw Creek - Ritch Avenue | $1,669 |
| Tryon Hills | $1,669 |
| College Downs | $1,662 |
| Hidden Valley | $1,662 |
| Newell | $1,662 |
| Asheford Woods | $1,642 |
| Berewick | $1,642 |
| Charlotte Pines | $1,642 |
| Creekshire Estates | $1,642 |
| Dixie - Berryhill | $1,642 |
| Falcon Ridge | $1,642 |
| Harbor Oaks | $1,642 |
| Hartwell | $1,642 |
| McDowell Place | $1,642 |
| Montreux | $1,642 |
| Neely Glen | $1,642 |
| Planters Walk | $1,642 |
| River Oaks | $1,642 |
| Riverpointe | $1,642 |
| Steele Creek Landing | $1,642 |
| Steelecroft Place | $1,642 |
| Stowe Creek | $1,642 |
| The Palisades | $1,642 |
| The Sanctuary | $1,642 |
| Waterlyn | $1,642 |
| Wiltshire Manor | $1,642 |
| Withers Grove | $1,642 |
| Woody Point Acres | $1,642 |
| Belmont | $1,628 |
| Arbor Hills | $1,626 |
| Claybrooke | $1,626 |
| Fountaingrove | $1,626 |
| Harris - Houston | $1,626 |
| Homewood Acres | $1,626 |
| Lexington | $1,626 |
| Mallard Lake | $1,626 |
| Mallard Woods | $1,626 |
| Maplewood | $1,626 |
| Mill Creek | $1,626 |
| Mineral Springs - Rumble Road | $1,626 |
| University City North | $1,626 |
| University City South | $1,626 |
| Withrow Downs | $1,626 |
| Montclaire - Madison Park | $1,616 |
| Steele Creek | $1,585 |
| Optimist Park | $1,582 |
| Back Creek Church Road | $1,571 |
| Hampshire Hills | $1,571 |
| Brown Road | $1,567 |
| Griers Fork | $1,567 |
| Olde Whitehall | $1,567 |
| Yorkshire | $1,567 |
| Briarcreek - Woodland | $1,543 |
| Chantilly | $1,543 |
| Coliseum Drive | $1,543 |
| Commonwealth | $1,543 |
| Country Club Heights | $1,543 |
| Echo Hills | $1,543 |
| North Charlotte | $1,543 |
| Oakhurst | $1,543 |
| Plaza - Shamrock | $1,543 |
| Plaza Hills | $1,543 |
| Plaza Midwood | $1,543 |
| Villa Heights | $1,543 |
| Montclaire South | $1,539 |
| Yorkmount | $1,539 |
| Davis Lake - Eastfield | $1,531 |
| Derita - Statesville | $1,531 |
| Henderson Circle | $1,531 |
| Highland Creek | $1,531 |
| Nevin Community | $1,531 |
| Prosperity Church Road | $1,531 |
| Rockwell Park - Hemphill Heights | $1,531 |
| Charlotte Douglas International Airport | $1,522 |
| Clanton Park - Roseland | $1,510 |
| York Road | $1,510 |
| Beatties Ford - Trinity | $1,494 |
| Northlake | $1,494 |
| Slater Road - Hamilton Circle | $1,494 |
| Wilson Heights | $1,494 |
| Windsor Park | $1,492 |
| Eagle Lake | $1,487 |
| Beverly Woods | $1,474 |
| Park Crossing | $1,474 |
| Quail Hollow | $1,474 |
| Seven Eagles | $1,474 |
| Sharon Woods | $1,474 |
| Sharonbrook | $1,474 |
| Starmount | $1,474 |
| Carmel | $1,472 |
| Governor's Square | $1,468 |
| McAlpine | $1,468 |
| Montibello | $1,468 |
| Mountainbrook | $1,468 |
| Olde Providence North | $1,468 |
| Olde Providence South | $1,468 |
| Park Ridge | $1,468 |
| Wessex Square | $1,468 |
| Biddleville | $1,448 |
| Firestone - Garden Park | $1,448 |
| Lincoln Heights | $1,448 |
| McCrorey Heights | $1,448 |
| Mountain Island | $1,448 |
| Oakdale | $1,448 |
| Oaklawn | $1,448 |
| Oakview Terrance | $1,448 |
| Sunset Road | $1,448 |
| University Park | $1,448 |
| Washington Heights | $1,448 |
| Thomasboro - Hoskins | $1,445 |
| Eastway - Sheffield Park | $1,440 |
| Arbor Glen | $1,440 |
| Ashley Park | $1,440 |
| Boulevard Homes | $1,440 |
| Capitol Drive | $1,440 |
| Enderly Park | $1,440 |
| Jackson Homes | $1,440 |
| Lakewood | $1,440 |
| Pinecrest | $1,440 |
| Ponderosa - Wingate | $1,440 |
| Reid Park | $1,440 |
| Revolution Park | $1,440 |
| Seversville | $1,440 |
| Smallwood | $1,440 |
| Todd Park | $1,440 |
| Toddville Road | $1,440 |
| Wesley Heights | $1,440 |
| West Bolevard | $1,440 |
| Westchester | $1,440 |
| Westerly Hills | $1,440 |
| Westover Hills | $1,440 |
| Avensong | $1,373 |
| Bradfield Farms | $1,373 |
| Cedarbrook Acres | $1,373 |
| Hickory Grove | $1,373 |
| Lakeland Hills | $1,373 |
| Oak Forest | $1,373 |
| Robinson Church Road | $1,373 |
| Shannon Park | $1,373 |
| Turtle Rock | $1,373 |
| Woodbury | $1,373 |
| Eastland - Wilora Lake | $1,352 |
| Farm Pond | $1,352 |
| Idlewild | $1,343 |
| North Sharon Amity - Reddman Road | $1,343 |
| Hickory Ridge | $1,342 |
| East Forest | $1,333 |
| Arlington Forest | $1,306 |
| Becton Park | $1,306 |
| Bent Creek | $1,306 |
| Butterfield | $1,306 |
| Clear Creek | $1,306 |
| Clear Meadow | $1,306 |
| Marlwood | $1,306 |
| McGregor | $1,306 |
| Mint Hill Estates | $1,306 |
| Morris Farms | $1,306 |
| Park Walk | $1,306 |
| Persimmon Creek | $1,306 |
| Pleasant Valley | $1,306 |
| Sherwood Forest | $1,306 |
| Waterleaf | $1,306 |
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What are the most affordable neighborhoods in Charlotte?
The most affordable neighborhoods in Charlotte are Arlington Forest, where the average rent goes for $1,306/month, Becton Park, where renters pay $1,306/mo on average, and Bent Creek, where the average rent goes for $1,306/mo. If you’re looking for other great deals, check out the listings from Butterfield ($1,306), Clear Creek ($1,306), and Clear Meadow ($1,306), where the asking prices are below the average Charlotte rent of $1,651/mo.
What are the most expensive neighborhoods in Charlotte?
The most expensive neighborhoods in Charlotte are The South End ($2,116), Uptown Charlotte ($2,121) and Eastover ($2,605).
What are the most popular neighborhoods in Charlotte?
The most popular neighborhood in Charlotte is Prosperity Church Road, where there are 14 listings with an average rent of $1,531. Next up is Uptown Charlotte, where apartments go for $2,121/month, followed by Montclaire South with $1,539 If you’re looking to rent in Charlotte’s most popular neighborhoods, make sure to also check out Northlake, where renters pay $1,494 on average, and Newell, where the average monthly rent is $1,662.
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Glen is 11% lower than in Arbor Hills
$1,440
Arbor Glen rent is 13% lower than Charlotte average
Average Rent
$1,440
$1,626
Arbor Hills rent is 2% lower than Charlotte average
Average Rent
$1,626
How Charlotte Compares to Other Cities
| State | Average Rent |
|---|---|
| Charlotte | $1,651 |
| Raleigh | $1,585 |
| Winston - Salem | $1,248 |
| Greensboro | $1,302 |
| Durham | $1,560 |
| Fayetteville | $1,251 |
| Concord | $1,533 |
| Clayton | $1,532 |
| Wilmington | $1,644 |
| Cary | $1,645 |
| Huntersville | $1,679 |
| Mooresville | $1,549 |
| Indian Trail | $1,741 |
| Fort Mill | $1,668 |
| Monroe | $1,436 |
| Rock Hill | $1,476 |
| Troutman | $2,011 |
| Gastonia | $1,317 |
| Denver | $1,558 |
| Cornelius | $1,662 |
| Kannapolis | $1,427 |
What is the average price for a storage unit in Charlotte?
The average rent for a non-climate-controlled 10'x10' storage unit in Charlotte is $124.65. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Charlotte
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Link Apartments® NoDa 36th I
3500 Philemon Ave, Charlotte, NC 28206| STUDIO | $1,199+ |
| 1 BED | $1,299+ |
| 2 BEDS | $2,305+ |
Autumn Park Apartments
1801 Interface Lane, Charlotte, NC 28262| 1 BED | $1,144+ |
| 2 BEDS | $1,334+ |
| 3 BEDS | $1,693+ |
Taylor Farms Luxury Apartment Homes
2311 Odell School Road, Charlotte, NC 28262| 1 BED | $1,399+ |
| 2 BEDS | $1,799+ |
| 3 BEDS | $2,279 |
Ashford Green
230 Barton Creek Drive, Charlotte, NC 28262| 1 BED | $1,335+ |
| 2 BEDS | $1,535+ |
| 3 BEDS | $1,645+ |
Thornberry Apartments
9920 Brickleberry Ln, Charlotte, NC 28262| 1 BED | $1,250+ |
| 2 BEDS | $1,475+ |
| 3 BEDS | N/A |
Johnston Creek Crossing
10310 Cedar Trail Ln., Charlotte, NC 28210| 1 BED | $932+ |
| 2 BEDS | $1,276+ |
| 3 BEDS | $1,488+ |
Arrowood Crossing
2109 Arrowcreek Drive, Charlotte, NC 28273| 1 BED | $1,110+ |
| 2 BEDS | $1,417+ |
| 3 BEDS | $1,609+ |
Mason
8501 University Executive Park Dr, Charlotte, NC 28262| STUDIO | $1,326 |
| 1 BED | $1,508 |
| 2+ BEDS | $1,742 |