Charlotte, NC Rental Market Trends

Q: What are the most popular neighborhoods in Charlotte?

The most popular neighborhood in Charlotte is Newell , where there are 19 listings with an average rent of $1,605. Next up is Montclaire South , where apartments go for $1,491/month, followed by Prosperity Church Road with $1,587 If you’re looking to rent in Charlotte’s most popular neighborhoods, make sure to also check out Uptown Charlotte , where renters pay $2,082 on average, and Mineral Springs - Rumble Road , where the average monthly rent is $1,557.

What is the average rent in Charlotte?

The average rent for an apartment in Charlotte is $1,666. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Charlotte, NC

Last updated April 2025

Average Rent	Average Apartment Size
$1,666	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

175,055 or 48% of the households in Charlotte, NC are renter-occupied while 186,045 or 52% are owner-occupied.

Charlotte, NC rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Charlotte, NC By Neighborhood

City	Average Rent
Brookhill	$2,543
Smallwood	$2,278
Stone Creek Ranch	$2,257
Barclay Downs	$2,167
Foxcroft	$2,148
Providence Park	$2,109
Uptown Charlotte	$2,082
College Downs	$2,054
Olde Providence South	$1,997
Sedgefield	$1,981
Dilworth	$1,964
Wilmore	$1,959
Southside Park	$1,954
Myers Park	$1,953
The South End	$1,936
Provincetowne	$1,925
York Road	$1,901
Commonwealth	$1,900
University City South	$1,892
Ballantyne	$1,888
The Palisades	$1,859
Harris - Houston	$1,841
Elizabeth	$1,798
Optimist Park	$1,783
Berewick	$1,775
North Charlotte	$1,768
Highland Creek	$1,754
Ashley Park	$1,729
Robinson Church Road	$1,726
Plaza Midwood	$1,671
Seversville	$1,658
Whiteoak	$1,657
Dixie - Berryhill	$1,656
Oxford Hunt	$1,656
McAlpine	$1,655
Montclaire - Madison Park	$1,653
Wesley Heights	$1,640
University City North	$1,636
Olde Whitehall	$1,634
Arbor Hills	$1,614
Mountain Island	$1,612
Sharon Woods	$1,611
Brown Road	$1,608
Mill Creek	$1,606
Newell	$1,605
Hampshire Hills	$1,604
Withrow Downs	$1,589
Prosperity Church Road	$1,587
Wendover - Sedgewood	$1,580
Griers Fork	$1,576
Tryon Hills	$1,573
Eagle Lake	$1,573
Wessex Square	$1,565
Lockwood	$1,560
Mineral Springs - Rumble Road	$1,557
Rain Tree	$1,556
Nevin Community	$1,547
Northlake	$1,545
Steele Creek	$1,544
Sardis	$1,538
Freedom Park	$1,536
Montclaire South	$1,491
Clanton Park - Roseland	$1,488
Yorkshire	$1,484
Sugaw Creek - Ritch Avenue	$1,479
Touchstone Village - Elm Lane	$1,472
Rockwell Park - Hemphill Heights	$1,469
Lansdowne	$1,461
Country Club Heights	$1,457
Yorkmount	$1,454
Steelecroft Place	$1,440
Hidden Valley	$1,436
Stonehaven	$1,394
East Forest	$1,391
Sharonbrook	$1,390
Briarcreek - Woodland	$1,381
Eastland - Wilora Lake	$1,359
Starmount	$1,357
Idlewild	$1,344
Park Crossing	$1,341
North Sharon Amity - Reddman Road	$1,338
Eastway - Sheffield Park	$1,329
West Bolevard	$1,320
Farm Pond	$1,308
Oakhurst	$1,303
Seven Eagles	$1,298
Toddville Road	$1,280
Collingwood	$1,269
Thomasboro - Hoskins	$1,264
Oak Forest	$1,262
Hickory Ridge	$1,252
Windsor Park	$1,250
Shannon Park	$1,238
Enderly Park	$1,179
Cotswold	$1,042
Plaza - Shamrock	$958

What are the most affordable neighborhoods in Charlotte?

The most affordable neighborhoods in Charlotte are Plaza - Shamrock, where the average rent goes for $958/month, Cotswold, where renters pay $1,042/mo on average, and Enderly Park, where the average rent goes for $1,179/mo. If you’re looking for other great deals, check out the listings from Shannon Park ($1,238), Windsor Park ($1,250), and Hickory Ridge ($1,252), where the asking prices are below the average Charlotte rent of $1,666/mo.

What are the most expensive neighborhoods in Charlotte?

The most expensive neighborhoods in Charlotte are Stone Creek Ranch ($2,257), Smallwood ($2,278) and Brookhill ($2,543).

What are the most popular neighborhoods in Charlotte?

The most popular neighborhood in Charlotte is Newell, where there are 19 listings with an average rent of $1,605. Next up is Montclaire South, where apartments go for $1,491/month, followed by Prosperity Church Road with $1,587 If you’re looking to rent in Charlotte’s most popular neighborhoods, make sure to also check out Uptown Charlotte, where renters pay $2,082 on average, and Mineral Springs - Rumble Road, where the average monthly rent is $1,557.

Charlotte | Rent Comparison by Neighborhood

Rent in Arbor Hills is 7% lower than in Ashley Park

$1,614

Arbor Hills rent is 3% lower than Charlotte average

Average Rent $1,614

$1,729

Ashley Park rent is 4% higher than Charlotte average

Average Rent $1,729

How Charlotte Compares to Other Cities

State	Average Rent
Charlotte	$1,666
Raleigh	$1,597
Winston - Salem	$1,270
Greensboro	$1,307
Durham	$1,549
Fayetteville	$1,250
Concord	$1,549
Mooresville	$1,606
High Point	$1,222
Cary	$1,659
Huntersville	$1,695
Monroe	$1,464
Kannapolis	$1,525
Fort Mill, SC	$1,681
Troutman, NC	$2,105
Rock Hill, SC	$1,441
Indian Trail, NC	$1,698
Gastonia, NC	$1,407
Cornelius, NC	$1,664
Dallas, NC	$1,857
Belmont, NC	$1,602

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 $113.35. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.