Charlotte, NC Rental Market Trends
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
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

Average Rent in Charlotte, NC By Neighborhood
City | Average Rent |
---|---|
Brookhill | $2,545 |
Stone Creek Ranch | $2,224 |
Barclay Downs | $2,184 |
Smallwood | $2,123 |
Foxcroft | $2,086 |
Uptown Charlotte | $2,034 |
Providence Park | $2,024 |
Provincetowne | $2,010 |
Myers Park | $1,993 |
Olde Providence South | $1,988 |
Wilmore | $1,985 |
Dilworth | $1,980 |
Commonwealth | $1,979 |
Sedgefield | $1,971 |
College Downs | $1,971 |
The South End | $1,968 |
Southside Park | $1,926 |
Ballantyne | $1,919 |
York Road | $1,909 |
University City South | $1,909 |
Coulwood | $1,888 |
The Palisades | $1,876 |
Harris - Houston | $1,846 |
Mountain Island | $1,810 |
Optimist Park | $1,798 |
Elizabeth | $1,780 |
Berewick | $1,778 |
Robinson Church Road | $1,747 |
North Charlotte | $1,741 |
Ashley Park | $1,735 |
Villa Heights | $1,728 |
Nevin Community | $1,722 |
Plaza Midwood | $1,704 |
Oxford Hunt | $1,696 |
Highland Creek | $1,687 |
Newell | $1,661 |
McAlpine | $1,659 |
Arbor Hills | $1,658 |
Wendover - Sedgewood | $1,644 |
Dixie - Berryhill | $1,638 |
University City North | $1,637 |
Brown Road | $1,635 |
Sugaw Creek - Ritch Avenue | $1,624 |
Steele Creek | $1,621 |
Lockwood | $1,616 |
Griers Fork | $1,616 |
Seversville | $1,612 |
Freedom Park | $1,612 |
Hampshire Hills | $1,612 |
Whiteoak | $1,606 |
Olde Whitehall | $1,599 |
Prosperity Church Road | $1,592 |
Montclaire - Madison Park | $1,588 |
Eagle Lake | $1,588 |
Collingwood | $1,585 |
Rain Tree | $1,578 |
Withrow Downs | $1,570 |
Sharon Woods | $1,570 |
Tryon Hills | $1,560 |
Northlake | $1,557 |
Wessex Square | $1,548 |
Wesley Heights | $1,547 |
Mill Creek | $1,530 |
Touchstone Village - Elm Lane | $1,508 |
Sardis | $1,505 |
Mineral Springs - Rumble Road | $1,503 |
Yorkmount | $1,474 |
Montclaire South | $1,471 |
Lansdowne | $1,447 |
Yorkshire | $1,443 |
Rockwell Park - Hemphill Heights | $1,441 |
Clanton Park - Roseland | $1,419 |
Hidden Valley | $1,412 |
Country Club Heights | $1,403 |
Steelecroft Place | $1,400 |
East Forest | $1,387 |
Eastland - Wilora Lake | $1,373 |
Park Crossing | $1,364 |
Briarcreek - Woodland | $1,338 |
Sharonbrook | $1,337 |
Starmount | $1,334 |
Seven Eagles | $1,333 |
Farm Pond | $1,332 |
North Sharon Amity - Reddman Road | $1,331 |
Idlewild | $1,320 |
Eastway - Sheffield Park | $1,319 |
Stonehaven | $1,293 |
Windsor Park | $1,276 |
West Bolevard | $1,265 |
Toddville Road | $1,265 |
Hickory Ridge | $1,256 |
Oak Forest | $1,243 |
Thomasboro - Hoskins | $1,222 |
Oakhurst | $1,221 |
Shannon Park | $1,201 |
Enderly Park | $1,191 |
Cotswold | $1,096 |
Plaza - Shamrock | $1,022 |
What are the most affordable neighborhoods in Charlotte?
The most affordable neighborhoods in Charlotte are Plaza - Shamrock, where the average rent goes for $1,022/month, Cotswold, where renters pay $1,096/mo on average, and Enderly Park, where the average rent goes for $1,191/mo. If you’re looking for other great deals, check out the listings from Shannon Park ($1,201), Oakhurst ($1,221), and Thomasboro - Hoskins ($1,222), 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 Barclay Downs ($2,184), Stone Creek Ranch ($2,224) and Brookhill ($2,545).
What are the most popular neighborhoods in Charlotte?
The most popular neighborhood in Charlotte is Prosperity Church Road, where there are 17 listings with an average rent of $1,592. Next up is Uptown Charlotte, where apartments go for $2,034/month, followed by Newell with $1,661 If you’re looking to rent in Charlotte’s most popular neighborhoods, make sure to also check out Ballantyne, where renters pay $1,919 on average, and Montclaire - Madison Park, where the average monthly rent is $1,588.
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 4% lower than in Ashley Park
Arbor Hills rent is 1% lower than Charlotte average
Ashley Park rent is 4% higher than Charlotte average
How Charlotte Compares to Other Cities
State | Average Rent |
---|---|
Charlotte | $1,666 |
Raleigh | $1,612 |
Fayetteville | $1,289 |
Winston - Salem | $1,296 |
Greensboro | $1,322 |
Durham | $1,571 |
Wilmington | $1,636 |
Cary | $1,682 |
Concord | $1,561 |
Clayton | $1,568 |
High Point | $1,256 |
Mooresville | $1,624 |
Huntersville | $1,693 |
Fort Mill, SC | $1,702 |
Kannapolis, NC | $1,559 |
Monroe, NC | $1,463 |
Rock Hill, SC | $1,465 |
Troutman, NC | $2,166 |
Gastonia, NC | $1,413 |
Indian Trail, NC | $1,729 |
Cornelius, NC | $1,694 |
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 $126.65. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.