Charlotte, NC Rental Market Trends
Last updated: July 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,672, a 0.92% decrease compared to the previous year, when the average rent was $1,687.
Studio Apartments at $1,377 offer the most budget-friendly option with 535 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 744 square feet for $1,470, balancing privacy and affordability.
Two-bedroom units at $1,781 offer 1,089 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,408 sq ft) for $2,117, suitable for larger households.
Average rent in Charlotte, NC
Last updated: July 24, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,672 | 949 sq. ft. |
| Studio | $1,377 | 535 sq. ft. |
| 1 Bed | $1,470 | 744 sq. ft. |
| 2 Beds | $1,781 | 1,089 sq. ft. |
| 3 Beds | $2,117 | 1,408 sq. ft. |
Charlotte, NC rent trends
What's the typical rent budget in Charlotte, NC?
The largest share of rentals in Charlotte, NC (42%) 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?
180,679 or 49% of the households in Charlotte, NC are renter-occupied while 188,109 or 51% are owner-occupied.
Most affordable neighborhoods in Charlotte?
Plaza - Shamrock $1,040/month
Cotswold $1,041/month
Enderly Park $1,051/month
All of these neighborhoods fall below the city wide average of $1,672/month.Most expensive neighborhoods in Charlotte?
Smallwood $2,187/month
Foxcroft $2,192/month
Brookhill $2,569/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,569 |
| Foxcroft | $2,192 |
| Smallwood | $2,187 |
| Barclay Downs | $2,179 |
| Stone Creek Ranch | $2,174 |
| Colonial Village | $2,164 |
| The South End | $2,161 |
| Waterlyn | $2,144 |
| Dilworth | $2,122 |
| Uptown Charlotte | $2,032 |
| College Downs | $2,031 |
| Olde Providence South | $2,013 |
| Coulwood | $1,996 |
| Wilmore | $1,981 |
| Providence Park | $1,981 |
| Southside Park | $1,947 |
| Myers Park | $1,922 |
| Ballantyne | $1,914 |
| Mountain Island | $1,890 |
| Sedgefield | $1,890 |
| Harris - Houston | $1,857 |
| Provincetowne | $1,827 |
| Commonwealth | $1,826 |
| Lockwood | $1,794 |
| Elizabeth | $1,792 |
| Nevin Community | $1,785 |
| Davis Lake - Eastfield | $1,778 |
| University City South | $1,755 |
| McAlpine | $1,749 |
| Whiteoak | $1,745 |
| Beverly Woods | $1,744 |
| Highland Creek | $1,742 |
| North Charlotte | $1,740 |
| The Palisades | $1,738 |
| Villa Heights | $1,732 |
| Oxford Hunt | $1,718 |
| Ashley Park | $1,705 |
| Hampshire Hills | $1,696 |
| Optimist Park | $1,693 |
| Plaza Midwood | $1,693 |
| Berewick | $1,689 |
| Sugaw Creek - Ritch Avenue | $1,663 |
| Tryon Hills | $1,657 |
| Mill Creek | $1,652 |
| Olde Whitehall | $1,635 |
| Newell | $1,621 |
| Sharon Woods | $1,621 |
| Arbor Hills | $1,618 |
| Wesley Heights | $1,616 |
| University City North | $1,610 |
| Eagle Lake | $1,582 |
| Northlake | $1,567 |
| Withrow Downs | $1,565 |
| Griers Fork | $1,560 |
| Seversville | $1,556 |
| Ashbrook - Clawson Village | $1,554 |
| Wendover - Sedgewood | $1,553 |
| Montclaire - Madison Park | $1,551 |
| Rain Tree | $1,537 |
| Steele Creek | $1,536 |
| Wessex Square | $1,504 |
| Sardis | $1,492 |
| Lansdowne | $1,486 |
| Carmel | $1,456 |
| Rockwell Park - Hemphill Heights | $1,455 |
| Touchstone Village - Elm Lane | $1,453 |
| Yorkmount | $1,448 |
| Montclaire South | $1,446 |
| Yorkshire | $1,425 |
| Collingwood | $1,400 |
| Country Club Heights | $1,369 |
| Clanton Park - Roseland | $1,365 |
| Steelecroft Place | $1,359 |
| Park Crossing | $1,343 |
| Hidden Valley | $1,320 |
| East Forest | $1,316 |
| Stonehaven | $1,309 |
| Eastland - Wilora Lake | $1,304 |
| Idlewild | $1,303 |
| Seven Eagles | $1,288 |
| Briarcreek - Woodland | $1,287 |
| Shannon Park | $1,276 |
| Windsor Park | $1,268 |
| Oakhurst | $1,260 |
| Sharonbrook | $1,259 |
| Farm Pond | $1,257 |
| Starmount | $1,236 |
| Eastway - Sheffield Park | $1,223 |
| Hickory Ridge | $1,197 |
| Oak Forest | $1,187 |
| Thomasboro - Hoskins | $1,168 |
| Enderly Park | $1,051 |
| Cotswold | $1,041 |
| Plaza - Shamrock | $1,040 |
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Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 4% higher than in Ashbrook - Clawson Village
$1,618
Arbor Hills rent is 3% lower than Charlotte average
Average Rent
$1,618
$1,554
Ashbrook - Clawson Village rent is 7% lower than Charlotte average
Average Rent
$1,554
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,672 |
| Raleigh | $1,584 |
| Fayetteville | $1,288 |
| Winston - Salem | $1,282 |
| Durham | $1,546 |
| Greensboro | $1,336 |
| Wilson | $1,369 |
| Rocky Mount | $1,205 |
| Hickory | $1,467 |
| Concord | $1,533 |
| Greenville | $1,399 |
| Gastonia | $1,359 |
| Huntersville, NC | $1,780 |
| Mooresville, NC | $1,611 |
| Monroe, NC | $1,501 |
| Fort Mill, SC | $1,694 |
| Rock Hill, SC | $1,459 |
| Kannapolis, NC | $1,541 |
| Indian Trail, NC | $1,766 |
| Cornelius, NC | $1,860 |
| Belmont, NC | $1,643 |
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.