Charlotte, NC Rental Market Trends
Last updated: March 13, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,652, a 1.02% decrease compared to the previous year, when the average rent was $1,669.
Studio Apartments at $1,326 offer the most budget-friendly option with 539 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 743 square feet for $1,464, balancing privacy and affordability.
Two-beedroom units at $1,749 offer 1,086 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,395 sq ft) for $2,085, suitable for larger households.
Average rent in Charlotte, NC
Last updated: March 13, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,652 | 948 sq. ft. |
| Studio | $1,326 | 539 sq. ft. |
| 1 Bed | $1,464 | 743 sq. ft. |
| 2 Beds | $1,749 | 1,086 sq. ft. |
| 3 Beds | $2,085 | 1,395 sq. ft. |
Charlotte, NC rent trends
What's the typical rent budget in Charlotte, NC?
The largest share of rentals in Charlotte, NC (45%) 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 $1,041/month
Cotswold $1,078/month
Enderly Park $1,118/month
All of these neighborhoods fall below the city wide average of $1,652/month.Most expensive neighborhoods in Charlotte?
Barclay Downs $2,175/month
Colonial Village $2,209/month
Brookhill $2,503/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,503 |
| Colonial Village | $2,209 |
| Barclay Downs | $2,175 |
| Foxcroft | $2,168 |
| Stone Creek Ranch | $2,150 |
| Dilworth | $2,103 |
| Smallwood | $2,042 |
| College Downs | $2,039 |
| Uptown Charlotte | $2,016 |
| Olde Providence South | $2,005 |
| Providence Park | $1,979 |
| Sedgefield | $1,919 |
| Back Creek Church Road | $1,904 |
| Wilmore | $1,904 |
| Harris - Houston | $1,894 |
| Myers Park | $1,892 |
| Provincetowne | $1,892 |
| The South End | $1,891 |
| Southside Park | $1,884 |
| University City South | $1,874 |
| Commonwealth | $1,868 |
| Coulwood | $1,864 |
| Mountain Island | $1,863 |
| Ballantyne | $1,832 |
| York Road | $1,789 |
| Ashbrook - Clawson Village | $1,767 |
| Elizabeth | $1,751 |
| Robinson Church Road | $1,742 |
| Beverly Woods | $1,740 |
| North Charlotte | $1,725 |
| Optimist Park | $1,724 |
| Berewick | $1,717 |
| The Palisades | $1,707 |
| Wesley Heights | $1,705 |
| Highland Creek | $1,704 |
| Sugaw Creek - Ritch Avenue | $1,694 |
| Ashley Park | $1,688 |
| Villa Heights | $1,665 |
| Dixie - Berryhill | $1,660 |
| Oxford Hunt | $1,638 |
| Newell | $1,637 |
| Tryon Hills | $1,628 |
| Whiteoak | $1,603 |
| University City North | $1,599 |
| Plaza Midwood | $1,596 |
| Olde Whitehall | $1,584 |
| Prosperity Church Road | $1,579 |
| Brown Road | $1,578 |
| Sharon Woods | $1,568 |
| Arbor Hills | $1,562 |
| Withrow Downs | $1,561 |
| Seversville | $1,557 |
| Eagle Lake | $1,557 |
| McAlpine | $1,556 |
| Griers Fork | $1,556 |
| Montclaire - Madison Park | $1,545 |
| Mill Creek | $1,542 |
| Northlake | $1,532 |
| Rain Tree | $1,510 |
| Mineral Springs - Rumble Road | $1,510 |
| Sardis | $1,505 |
| Hampshire Hills | $1,486 |
| Steele Creek | $1,464 |
| Rockwell Park - Hemphill Heights | $1,463 |
| Lansdowne | $1,458 |
| Touchstone Village - Elm Lane | $1,455 |
| Wessex Square | $1,441 |
| Steelecroft Place | $1,427 |
| Montclaire South | $1,425 |
| Collingwood | $1,413 |
| Yorkmount | $1,406 |
| Clanton Park - Roseland | $1,402 |
| Yorkshire | $1,395 |
| Country Club Heights | $1,387 |
| Carmel | $1,372 |
| Park Crossing | $1,353 |
| Seven Eagles | $1,346 |
| East Forest | $1,330 |
| Briarcreek - Woodland | $1,320 |
| North Sharon Amity - Reddman Road | $1,319 |
| Eastway - Sheffield Park | $1,303 |
| Hidden Valley | $1,302 |
| Shannon Park | $1,297 |
| Farm Pond | $1,291 |
| Idlewild | $1,286 |
| West Bolevard | $1,286 |
| Toddville Road | $1,278 |
| Eastland - Wilora Lake | $1,267 |
| Starmount | $1,265 |
| Hickory Ridge | $1,228 |
| Oak Forest | $1,226 |
| Oakhurst | $1,211 |
| Thomasboro - Hoskins | $1,171 |
| Enderly Park | $1,118 |
| Cotswold | $1,078 |
| Plaza - Shamrock | $1,041 |
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Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 12% lower than in Ashbrook - Clawson Village
$1,562
Arbor Hills rent is 5% lower than Charlotte average
Average Rent
$1,562
$1,767
Ashbrook - Clawson Village rent is 7% higher than Charlotte average
Average Rent
$1,767
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,652 |
| Raleigh | $1,561 |
| Fayetteville | $1,281 |
| Winston - Salem | $1,275 |
| Durham | $1,533 |
| Greensboro | $1,330 |
| Hickory | $1,455 |
| Concord | $1,512 |
| Greenville | $1,385 |
| Wilmington | $1,615 |
| Wilson | $1,343 |
| Huntersville | $1,714 |
| Gastonia | $1,353 |
| Mooresville | $1,600 |
| Troutman, NC | $2,006 |
| Fort Mill, SC | $1,705 |
| Rock Hill, SC | $1,448 |
| Monroe, NC | $1,483 |
| Cornelius, NC | $1,612 |
| Kannapolis, NC | $1,558 |
| Denver, NC | $1,594 |
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.