Charlotte, NC Rental Market Trends
Last updated: December 13, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,658, a 0.52% decrease compared to the previous year, when the average rent was $1,666.
Studio Apartments at $1,331 offer the most budget-friendly option with 537 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 $1,756 offer 1,085 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,394 sq ft) for $2,078, suitable for larger households.
Average rent in Charlotte, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,658 | 949 sq. ft. |
| Studio | $1,331 | 537 sq. ft. |
| 1 Bed | $1,470 | 743 sq. ft. |
| 2 Beds | $1,756 | 1,085 sq. ft. |
| 3 Beds | $2,078 | 1,394 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?
Enderly Park $1,158/month
Thomasboro - Hoskins $1,183/month
Oak Forest $1,247/month
All of these neighborhoods fall below the city wide average of $1,658/month.Most expensive neighborhoods in Charlotte?
Stone Creek Ranch $2,171/month
Barclay Downs $2,179/month
Brookhill $2,516/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,516 |
| Barclay Downs | $2,179 |
| Stone Creek Ranch | $2,171 |
| Dilworth | $2,169 |
| Smallwood | $2,158 |
| Foxcroft | $2,063 |
| Wilmore | $2,057 |
| Uptown Charlotte | $2,034 |
| Olde Providence South | $2,029 |
| Provincetowne | $1,977 |
| Providence Park | $1,968 |
| Sedgefield | $1,967 |
| Myers Park | $1,960 |
| College Downs | $1,956 |
| The South End | $1,919 |
| Southside Park | $1,915 |
| Back Creek Church Road | $1,867 |
| Coulwood | $1,864 |
| Ballantyne | $1,857 |
| York Road | $1,851 |
| University City South | $1,842 |
| Mountain Island | $1,832 |
| Harris - Houston | $1,829 |
| Elizabeth | $1,793 |
| Optimist Park | $1,762 |
| Robinson Church Road | $1,741 |
| North Charlotte | $1,724 |
| Ashley Park | $1,720 |
| Highland Creek | $1,714 |
| Berewick | $1,713 |
| Sugaw Creek - Ritch Avenue | $1,666 |
| Newell | $1,657 |
| Villa Heights | $1,643 |
| Oxford Hunt | $1,631 |
| University City North | $1,629 |
| McAlpine | $1,628 |
| Whiteoak | $1,618 |
| Brown Road | $1,613 |
| Plaza Midwood | $1,595 |
| Arbor Hills | $1,589 |
| Rain Tree | $1,587 |
| Tryon Hills | $1,581 |
| Griers Fork | $1,571 |
| Withrow Downs | $1,569 |
| Eagle Lake | $1,569 |
| Wesley Heights | $1,567 |
| Montclaire - Madison Park | $1,567 |
| Olde Whitehall | $1,565 |
| Hampshire Hills | $1,562 |
| Mill Creek | $1,557 |
| Prosperity Church Road | $1,544 |
| Sardis | $1,543 |
| Sharon Woods | $1,541 |
| Northlake | $1,535 |
| Mineral Springs - Rumble Road | $1,526 |
| Seversville | $1,519 |
| Touchstone Village - Elm Lane | $1,491 |
| Wessex Square | $1,461 |
| Collingwood | $1,461 |
| Rockwell Park - Hemphill Heights | $1,457 |
| Yorkshire | $1,451 |
| Lansdowne | $1,447 |
| Yorkmount | $1,437 |
| Montclaire South | $1,433 |
| Clanton Park - Roseland | $1,422 |
| Steelecroft Place | $1,358 |
| Starmount | $1,350 |
| Park Crossing | $1,347 |
| Hidden Valley | $1,339 |
| East Forest | $1,339 |
| Briarcreek - Woodland | $1,333 |
| Idlewild | $1,323 |
| Seven Eagles | $1,311 |
| Eastway - Sheffield Park | $1,309 |
| Farm Pond | $1,309 |
| North Sharon Amity - Reddman Road | $1,304 |
| Carmel | $1,290 |
| West Bolevard | $1,287 |
| Toddville Road | $1,286 |
| Oakhurst | $1,269 |
| Eastland - Wilora Lake | $1,266 |
| Hickory Ridge | $1,262 |
| Shannon Park | $1,262 |
| Oak Forest | $1,247 |
| Thomasboro - Hoskins | $1,183 |
| Enderly Park | $1,158 |
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 8% lower than in Ashley Park
Arbor Hills rent is 4% lower than Charlotte average
Ashley Park rent is 4% higher than Charlotte average
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,658 |
| Raleigh | $1,582 |
| Fayetteville | $1,285 |
| Winston - Salem | $1,280 |
| Durham | $1,541 |
| Greensboro | $1,319 |
| Concord | $1,534 |
| Greenville | $1,366 |
| Wilmington | $1,625 |
| Hickory | $1,490 |
| Asheville | $1,692 |
| Gastonia | $1,367 |
| Huntersville | $1,710 |
| Fort Mill, SC | $1,679 |
| Mooresville, NC | $1,613 |
| Rock Hill, SC | $1,462 |
| Monroe, NC | $1,464 |
| Troutman, NC | $2,068 |
| Cornelius, NC | $1,651 |
| Kannapolis, NC | $1,548 |
| Indian Trail, NC | $1,720 |
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.