Charlotte, NC Rental Market Trends
Last updated: January 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,653, a 0.78% 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 539 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 744 square feet for $1,465, balancing privacy and affordability.
Two-beedroom units at $1,750 offer 1,086 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,397 sq ft) for $2,077, suitable for larger households.
Average rent in Charlotte, NC
Last updated: January 23, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,653 | 949 sq. ft. |
| Studio | $1,331 | 539 sq. ft. |
| 1 Bed | $1,465 | 744 sq. ft. |
| 2 Beds | $1,750 | 1,086 sq. ft. |
| 3 Beds | $2,077 | 1,397 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?
Cotswold $1,042/month
Enderly Park $1,137/month
Thomasboro - Hoskins $1,170/month
All of these neighborhoods fall below the city wide average of $1,653/month.Most expensive neighborhoods in Charlotte?
Dilworth $2,159/month
Barclay Downs $2,159/month
Brookhill $2,453/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,453 |
| Barclay Downs | $2,159 |
| Dilworth | $2,159 |
| Stone Creek Ranch | $2,157 |
| Smallwood | $2,121 |
| Foxcroft | $2,079 |
| Wilmore | $2,035 |
| Uptown Charlotte | $2,031 |
| Olde Providence South | $2,017 |
| Provincetowne | $1,967 |
| Providence Park | $1,964 |
| Sedgefield | $1,962 |
| College Downs | $1,941 |
| Myers Park | $1,931 |
| Ballantyne | $1,930 |
| The South End | $1,908 |
| Southside Park | $1,903 |
| Coulwood | $1,864 |
| Back Creek Church Road | $1,856 |
| York Road | $1,839 |
| Harris - Houston | $1,813 |
| Mountain Island | $1,812 |
| University City South | $1,810 |
| Elizabeth | $1,784 |
| Optimist Park | $1,760 |
| Robinson Church Road | $1,733 |
| Beverly Woods | $1,717 |
| North Charlotte | $1,712 |
| Berewick | $1,706 |
| Ashley Park | $1,705 |
| Highland Creek | $1,700 |
| Whiteoak | $1,662 |
| Sugaw Creek - Ritch Avenue | $1,654 |
| Villa Heights | $1,637 |
| Newell | $1,635 |
| Oxford Hunt | $1,628 |
| University City North | $1,612 |
| McAlpine | $1,597 |
| Plaza Midwood | $1,586 |
| Wesley Heights | $1,585 |
| Brown Road | $1,583 |
| Arbor Hills | $1,576 |
| Withrow Downs | $1,569 |
| Olde Whitehall | $1,568 |
| Griers Fork | $1,563 |
| Tryon Hills | $1,562 |
| Eagle Lake | $1,558 |
| Montclaire - Madison Park | $1,556 |
| Sharon Woods | $1,540 |
| Mill Creek | $1,537 |
| Sardis | $1,533 |
| Prosperity Church Road | $1,532 |
| Rain Tree | $1,525 |
| Hampshire Hills | $1,523 |
| Northlake | $1,519 |
| Mineral Springs - Rumble Road | $1,518 |
| Seversville | $1,514 |
| Touchstone Village - Elm Lane | $1,465 |
| Rockwell Park - Hemphill Heights | $1,457 |
| Montclaire South | $1,456 |
| Steele Creek | $1,454 |
| Collingwood | $1,447 |
| Clanton Park - Roseland | $1,443 |
| Yorkshire | $1,440 |
| Wessex Square | $1,436 |
| Lansdowne | $1,431 |
| Yorkmount | $1,430 |
| Park Crossing | $1,368 |
| Steelecroft Place | $1,363 |
| Starmount | $1,356 |
| Hidden Valley | $1,337 |
| East Forest | $1,327 |
| Idlewild | $1,316 |
| Briarcreek - Woodland | $1,312 |
| Carmel | $1,299 |
| Windsor Park | $1,299 |
| North Sharon Amity - Reddman Road | $1,296 |
| Farm Pond | $1,295 |
| Seven Eagles | $1,288 |
| Eastland - Wilora Lake | $1,281 |
| Toddville Road | $1,274 |
| Eastway - Sheffield Park | $1,269 |
| Oakhurst | $1,266 |
| West Bolevard | $1,261 |
| Hickory Ridge | $1,252 |
| Shannon Park | $1,244 |
| Oak Forest | $1,243 |
| Thomasboro - Hoskins | $1,170 |
| Enderly Park | $1,137 |
| Cotswold | $1,042 |
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Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 8% lower than in Ashley Park
$1,576
Arbor Hills rent is 5% lower than Charlotte average
Average Rent
$1,576
$1,705
Ashley Park rent is 3% higher than Charlotte average
Average Rent
$1,705
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,653 |
| Raleigh | $1,579 |
| Fayetteville | $1,285 |
| Winston - Salem | $1,275 |
| Durham | $1,540 |
| Greensboro | $1,317 |
| Wilmington | $1,619 |
| Concord | $1,523 |
| Hickory | $1,492 |
| Greenville | $1,379 |
| Asheville | $1,686 |
| Huntersville | $1,722 |
| Fort Mill, SC | $1,667 |
| Mooresville | $1,610 |
| Rock Hill, SC | $1,454 |
| Troutman, NC | $2,046 |
| Gastonia, NC | $1,354 |
| Cornelius, NC | $1,654 |
| Monroe, NC | $1,459 |
| Kannapolis, NC | $1,544 |
| Denver, NC | $1,579 |
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.