Charlotte, NC Rental Market Trends

What is the average rent in Charlotte?

The average rent for an apartment in Charlotte is $1,670. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Charlotte, NC

Last updated July 2023

Average Rent	Average Apartment Size
$1,670	943 sq. ft.

What is the average apartment size in Charlotte?

The average size for a Charlotte, NC apartment is 943 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

163,519 or 47% of the households in Charlotte, NC are renter-occupied while 182,425 or 53% are owner-occupied.

Charlotte, NC rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Charlotte, NC By Neighborhood

Neighborhood	Average Rent
Eastover	$2,483
Uptown Charlotte	$2,227
The South End	$2,219
Brookhill	$2,209
Dilworth	$2,081
Freedom Park	$2,014
Cotswold	$1,976
Foxcroft	$1,976
Providence Park	$1,976
Sherwood Forest	$1,976
Stonehaven	$1,976
Wendover - Sedgewood	$1,976
Wilmore	$1,878
Myers Park	$1,877
Barclay Downs	$1,873
Cherry	$1,854
Elizabeth	$1,854
Ballantyne	$1,830
Piper Glen Estates	$1,830
Providence Crossing	$1,830
Provincetowne	$1,830
Rain Tree	$1,830
Stone Creek Ranch	$1,830
Touchstone Village - Elm Lane	$1,830
Whiteoak	$1,830
Southside Park	$1,821
Ashbrook - Clawson Village	$1,769
Collingwood	$1,769
Colonial Village	$1,769
Sedgefield	$1,769
Grier Heights	$1,688
Hembstead	$1,665
Lansdowne	$1,665
Oxford Hunt	$1,665
Providence Plantation	$1,665
Sardis	$1,665
Double Oaks	$1,649
Druid Hills	$1,649
Genesis Park	$1,649
Greenville	$1,649
J.T. Williams	$1,649
Lockwood	$1,649
Sugaw Creek - Ritch Avenue	$1,649
Tryon Hills	$1,649
Asheford Woods	$1,640
Berewick	$1,640
Charlotte Pines	$1,640
Creekshire Estates	$1,640
Dixie - Berryhill	$1,640
Falcon Ridge	$1,640
Harbor Oaks	$1,640
Hartwell	$1,640
McDowell Place	$1,640
Montreux	$1,640
Neely Glen	$1,640
Planters Walk	$1,640
River Oaks	$1,640
Riverpointe	$1,640
Steele Creek Landing	$1,640
Steelecroft Place	$1,640
Stowe Creek	$1,640
The Palisades	$1,640
The Sanctuary	$1,640
Waterlyn	$1,640
Wiltshire Manor	$1,640
Withers Grove	$1,640
Woody Point Acres	$1,640
Arbor Hills	$1,635
Claybrooke	$1,635
Fountaingrove	$1,635
Harris - Houston	$1,635
Homewood Acres	$1,635
Lexington	$1,635
Mallard Lake	$1,635
Mallard Woods	$1,635
Maplewood	$1,635
Mill Creek	$1,635
Mineral Springs - Rumble Road	$1,635
University City North	$1,635
University City South	$1,635
Withrow Downs	$1,635
Belmont	$1,622
College Downs	$1,618
Hidden Valley	$1,618
Newell	$1,618
Steele Creek	$1,598
Montclaire - Madison Park	$1,595
Davis Lake - Eastfield	$1,586
Derita - Statesville	$1,586
Henderson Circle	$1,586
Highland Creek	$1,586
Nevin Community	$1,586
Prosperity Church Road	$1,586
Rockwell Park - Hemphill Heights	$1,586
Brown Road	$1,581
Griers Fork	$1,581
Olde Whitehall	$1,581
Yorkshire	$1,581
Beatties Ford - Trinity	$1,567
Northlake	$1,567
Slater Road - Hamilton Circle	$1,567
Wilson Heights	$1,567
Optimist Park	$1,564
Montclaire South	$1,558
Yorkmount	$1,558
Governor's Square	$1,554
McAlpine	$1,554
Montibello	$1,554
Mountainbrook	$1,554
Olde Providence North	$1,554
Olde Providence South	$1,554
Park Ridge	$1,554
Wessex Square	$1,554
Biddleville	$1,547
Firestone - Garden Park	$1,547
Lincoln Heights	$1,547
McCrorey Heights	$1,547
Mountain Island	$1,547
Oakdale	$1,547
Oaklawn	$1,547
Oakview Terrance	$1,547
Sunset Road	$1,547
University Park	$1,547
Washington Heights	$1,547
Briarcreek - Woodland	$1,539
Chantilly	$1,539
Clanton Park - Roseland	$1,539
Coliseum Drive	$1,539
Commonwealth	$1,539
Country Club Heights	$1,539
Echo Hills	$1,539
North Charlotte	$1,539
Oakhurst	$1,539
Plaza - Shamrock	$1,539
Plaza Hills	$1,539
Plaza Midwood	$1,539
Villa Heights	$1,539
York Road	$1,539
Back Creek Church Road	$1,533
Hampshire Hills	$1,533
Carmel	$1,505
Windsor Park	$1,485
Eagle Lake	$1,479
Beverly Woods	$1,478
Park Crossing	$1,478
Quail Hollow	$1,478
Seven Eagles	$1,478
Sharon Woods	$1,478
Sharonbrook	$1,478
Starmount	$1,478
Charlotte Douglas International Airport	$1,471
Thomasboro - Hoskins	$1,470
Eastway - Sheffield Park	$1,437
Avensong	$1,348
Bradfield Farms	$1,348
Cedarbrook Acres	$1,348
Hickory Grove	$1,348
Lakeland Hills	$1,348
Oak Forest	$1,348
Robinson Church Road	$1,348
Shannon Park	$1,348
Turtle Rock	$1,348
Woodbury	$1,348
Arbor Glen	$1,344
Ashley Park	$1,344
Boulevard Homes	$1,344
Capitol Drive	$1,344
Enderly Park	$1,344
Jackson Homes	$1,344
Lakewood	$1,344
Pinecrest	$1,344
Ponderosa - Wingate	$1,344
Reid Park	$1,344
Revolution Park	$1,344
Seversville	$1,344
Smallwood	$1,344
Todd Park	$1,344
Toddville Road	$1,344
Wesley Heights	$1,344
West Bolevard	$1,344
Westchester	$1,344
Westerly Hills	$1,344
Westover Hills	$1,344
Hickory Ridge	$1,344
Arlington Forest	$1,338
Becton Park	$1,338
Bent Creek	$1,338
Butterfield	$1,338
Clear Creek	$1,338
Clear Meadow	$1,338
Marlwood	$1,338
McGregor	$1,338
Mint Hill Estates	$1,338
Morris Farms	$1,338
Park Walk	$1,338
Persimmon Creek	$1,338
Pleasant Valley	$1,338
Sherwood Forest	$1,338
Waterleaf	$1,338
Eastland - Wilora Lake	$1,335
Farm Pond	$1,335
East Forest	$1,331
Idlewild	$1,329
North Sharon Amity - Reddman Road	$1,329

What are the most affordable neighborhoods in Charlotte?

The most affordable neighborhoods in Charlotte are Idlewild, where the average rent goes for $1,329/month, North Sharon Amity - Reddman Road, where renters pay $1,329/mo on average, and East Forest, where the average rent goes for $1,331/mo. If you’re looking for other great deals, check out the listings from Eastland - Wilora Lake ($1,335), Farm Pond ($1,335), and Arlington Forest ($1,338), where the asking prices are below the average Charlotte rent of $1,670/mo.

What are the most expensive neighborhoods in Charlotte?

The most expensive neighborhoods in Charlotte are The South End ($2,219), Uptown Charlotte ($2,227) and Eastover ($2,483).

What are the most popular neighborhoods in Charlotte?

The most popular neighborhood in Charlotte is Uptown Charlotte, where there are 12 listings with an average rent of $2,227. Next up is Newell, where apartments go for $1,618/month, followed by Prosperity Church Road with $1,586 If you’re looking to rent in Charlotte’s most popular neighborhoods, make sure to also check out East Forest, where renters pay $1,331 on average, and Highland Creek, where the average monthly rent is $1,586.

Charlotte | Rent Comparison by Neighborhood

Rent in Arbor Glen is 18% lower than in Arbor Hills

$1,344

Arbor Glen rent is 20% lower than Charlotte average

Average Rent $1,344

$1,635

Arbor Hills rent is 2% lower than Charlotte average

Average Rent $1,635

How Charlotte Compares to Other Cities

City	Average Rent
Charlotte	$1,670
Winston - Salem	$1,213
Raleigh	$1,634
Greensboro	$1,257
Durham	$1,604
Holly Springs	$1,646
Fayetteville	$1,233
Concord	$1,561
Concord	$1,561
Wilmington	$1,567
Cary	$1,691
Clayton	$1,523
Gastonia	$1,297
Salisbury	$1,253
Monroe	$1,196
Mooresville	$1,595
Huntersville	$1,734
Kannapolis	$1,427
Belmont	$1,567
Denver	$1,585
Bessemer City	$1,198

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 $129.79. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.