Charlotte, NC Rental Market Trends
What is the average rent in Charlotte?
The average rent for an apartment in Charlotte is $1,653. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Charlotte, NC
Last updated February 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,653 | 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 | $2,352 |
| Smallwood | $2,261 |
| Stone Creek Ranch | $2,218 |
| Providence Park | $2,124 |
| Barclay Downs | $2,123 |
| Foxcroft | $2,114 |
| Uptown Charlotte | $2,074 |
| College Downs | $2,032 |
| Olde Providence South | $1,994 |
| Myers Park | $1,979 |
| Sedgefield | $1,963 |
| Dilworth | $1,963 |
| Southside Park | $1,952 |
| The South End | $1,943 |
| Wilmore | $1,941 |
| Commonwealth | $1,918 |
| York Road | $1,897 |
| Ballantyne | $1,888 |
| University City South | $1,878 |
| Provincetowne | $1,867 |
| The Palisades | $1,850 |
| Harris - Houston | $1,805 |
| Elizabeth | $1,789 |
| Berewick | $1,775 |
| North Charlotte | $1,760 |
| Optimist Park | $1,758 |
| Robinson Church Road | $1,752 |
| Highland Creek | $1,741 |
| Ashley Park | $1,727 |
| Plaza Midwood | $1,658 |
| Brown Road | $1,656 |
| Whiteoak | $1,656 |
| Montclaire - Madison Park | $1,654 |
| Dixie - Berryhill | $1,650 |
| McAlpine | $1,648 |
| Wesley Heights | $1,648 |
| University City North | $1,646 |
| Olde Whitehall | $1,614 |
| Oxford Hunt | $1,604 |
| Tryon Hills | $1,603 |
| Hampshire Hills | $1,603 |
| Sharon Woods | $1,595 |
| Mill Creek | $1,591 |
| Newell | $1,589 |
| Griers Fork | $1,588 |
| Withrow Downs | $1,583 |
| Wessex Square | $1,582 |
| Mountain Island | $1,571 |
| Prosperity Church Road | $1,570 |
| Eagle Lake | $1,561 |
| Rain Tree | $1,556 |
| Nevin Community | $1,550 |
| Lockwood | $1,548 |
| Wendover - Sedgewood | $1,548 |
| Mineral Springs - Rumble Road | $1,546 |
| Sardis | $1,544 |
| Freedom Park | $1,541 |
| Steele Creek | $1,532 |
| Northlake | $1,511 |
| Arbor Hills | $1,506 |
| Montclaire South | $1,500 |
| Clanton Park - Roseland | $1,486 |
| Rockwell Park - Hemphill Heights | $1,467 |
| Lansdowne | $1,466 |
| Country Club Heights | $1,465 |
| Yorkshire | $1,458 |
| Yorkmount | $1,442 |
| Sugaw Creek - Ritch Avenue | $1,434 |
| Touchstone Village - Elm Lane | $1,420 |
| Hidden Valley | $1,404 |
| Steelecroft Place | $1,399 |
| Stonehaven | $1,398 |
| Briarcreek - Woodland | $1,387 |
| East Forest | $1,385 |
| Sharonbrook | $1,384 |
| Starmount | $1,382 |
| Windsor Park | $1,374 |
| North Sharon Amity - Reddman Road | $1,373 |
| Park Crossing | $1,356 |
| Eastland - Wilora Lake | $1,348 |
| Idlewild | $1,338 |
| West Bolevard | $1,331 |
| Eastway - Sheffield Park | $1,326 |
| Oakhurst | $1,307 |
| Farm Pond | $1,299 |
| Oak Forest | $1,286 |
| Toddville Road | $1,279 |
| Collingwood | $1,272 |
| Thomasboro - Hoskins | $1,268 |
| Seven Eagles | $1,241 |
| Hickory Ridge | $1,239 |
| Shannon Park | $1,237 |
| Enderly Park | $1,177 |
| Cotswold | $1,045 |
| Plaza - Shamrock | $942 |
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What are the most affordable neighborhoods in Charlotte?
The most affordable neighborhoods in Charlotte are Plaza - Shamrock, where the average rent goes for $942/month, Cotswold, where renters pay $1,045/mo on average, and Enderly Park, where the average rent goes for $1,177/mo. If you’re looking for other great deals, check out the listings from Shannon Park ($1,237), Hickory Ridge ($1,239), and Seven Eagles ($1,241), where the asking prices are below the average Charlotte rent of $1,653/mo.
What are the most expensive neighborhoods in Charlotte?
The most expensive neighborhoods in Charlotte are Stone Creek Ranch ($2,218), Smallwood ($2,261) and Brookhill ($2,352).
What are the most popular neighborhoods in Charlotte?
The most popular neighborhood in Charlotte is Newell, where there are 17 listings with an average rent of $1,589. Next up is Prosperity Church Road, where apartments go for $1,570/month, followed by Uptown Charlotte with $2,074 If you’re looking to rent in Charlotte’s most popular neighborhoods, make sure to also check out Montclaire South, where renters pay $1,500 on average, and Northlake, where the average monthly rent is $1,511.
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 13% lower than in Ashley Park
$1,506
Arbor Hills rent is 9% lower than Charlotte average
Average Rent
$1,506
$1,727
Ashley Park rent is 4% higher than Charlotte average
Average Rent
$1,727
How Charlotte Compares to Other Cities
| State | Average Rent |
|---|---|
| Charlotte | $1,653 |
| Raleigh | $1,580 |
| Winston - Salem | $1,271 |
| Greensboro | $1,309 |
| Durham | $1,525 |
| Fayetteville | $1,255 |
| Concord | $1,544 |
| Huntersville | $1,698 |
| Cary | $1,657 |
| Wilmington | $1,622 |
| High Point | $1,215 |
| Mooresville | $1,586 |
| Troutman | $2,099 |
| Fort Mill | $1,682 |
| Kannapolis | $1,521 |
| Rock Hill | $1,450 |
| Monroe | $1,454 |
| Gastonia | $1,413 |
| Indian Trail | $1,753 |
| Belmont | $1,602 |
| Cornelius | $1,616 |
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 $111.31. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Charlotte
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Thornberry Apartments
9920 Brickleberry Ln, Charlotte, NC 28262| 1 BED | $1,165+ |
| 2 BEDS | $1,410+ |
| 3 BEDS | $1,665+ |
Randolph Park
4536 Randolph Road, #52, Charlotte, NC 28211| 1 BED | $1,165+ |
| 2 BEDS | $1,495+ |
| 3 BEDS | $1,605+ |
Autumn Park Apartments
1801 Interface Lane, Charlotte, NC 28262| 1 BED | $1,056+ |
| 2 BEDS | $1,353+ |
| 3 BEDS | $1,700+ |
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Link Apartments® NoDa 36th I
3500 Philemon Ave, Charlotte, NC 28206| STUDIO | $1,199+ |
| 1 BED | $1,302+ |
| 2 BEDS | $2,235+ |
Ashford Green
230 Barton Creek Drive, Charlotte, NC 28262| 1 BED | $1,290+ |
| 2 BEDS | $1,435+ |
| 3 BEDS | $1,900+ |
Arrowood Crossing
2109 Arrowcreek Drive, Charlotte, NC 28273| 1 BED | $1,169+ |
| 2 BEDS | $1,480+ |
| 3 BEDS | $1,832+ |
Abberly Woods Apartment Homes
5301 Roundstone Way, Charlotte, NC 28216| 1 BED | $1,183+ |
| 2 BEDS | $1,388+ |
| 3 BEDS | $1,617+ |
Johnston Creek Crossing
10310 Cedar Trail Ln., Charlotte, NC 28210| 1 BED | $1,004+ |
| 2 BEDS | $1,103+ |
| 3 BEDS | $1,514+ |
Mason
8501 University Executive Park Dr, Charlotte, NC 28262| STUDIO | $1,375 |
| 1 BED | $1,500 |
| 2+ BEDS | $2,120 |