Charlotte, NC Rental Market Trends
Last updated: June 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,675, a 0.36% decrease compared to the previous year, when the average rent was $1,681.
Studio Apartments at $1,334 offer the most budget-friendly option with 536 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 743 square feet for $1,475, balancing privacy and affordability.
Two-beedroom units at $1,779 offer 1,087 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,396 sq ft) for $2,106, suitable for larger households.
Average rent in Charlotte, NC
Last updated: June 21, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,675 | 947 sq. ft. |
| Studio | $1,334 | 536 sq. ft. |
| 1 Bed | $1,475 | 743 sq. ft. |
| 2 Beds | $1,779 | 1,087 sq. ft. |
| 3 Beds | $2,106 | 1,396 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 $1,007/month
Enderly Park $1,153/month
Hickory Ridge $1,202/month
All of these neighborhoods fall below the city wide average of $1,675/month.Most expensive neighborhoods in Charlotte?
Barclay Downs $2,192/month
Colonial Village $2,226/month
Brookhill $2,543/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,543 |
| Colonial Village | $2,226 |
| Barclay Downs | $2,192 |
| Stone Creek Ranch | $2,183 |
| Foxcroft | $2,172 |
| Dilworth | $2,121 |
| Smallwood | $2,069 |
| College Downs | $2,067 |
| Providence Park | $2,039 |
| Uptown Charlotte | $2,037 |
| Olde Providence South | $2,035 |
| The South End | $1,992 |
| Wilmore | $1,969 |
| Sedgefield | $1,942 |
| Southside Park | $1,928 |
| Myers Park | $1,924 |
| Harris - Houston | $1,923 |
| University City South | $1,920 |
| Provincetowne | $1,890 |
| Mountain Island | $1,874 |
| Commonwealth | $1,873 |
| Coulwood | $1,864 |
| Ballantyne | $1,852 |
| McAlpine | $1,766 |
| Nevin Community | $1,761 |
| Beverly Woods | $1,755 |
| North Charlotte | $1,755 |
| Ashley Park | $1,726 |
| Elizabeth | $1,726 |
| The Palisades | $1,722 |
| Ashbrook - Clawson Village | $1,720 |
| Berewick | $1,718 |
| Highland Creek | $1,715 |
| Optimist Park | $1,701 |
| Wesley Heights | $1,697 |
| Oxford Hunt | $1,694 |
| Sugaw Creek - Ritch Avenue | $1,691 |
| Tryon Hills | $1,685 |
| Villa Heights | $1,660 |
| Newell | $1,659 |
| Mill Creek | $1,643 |
| University City North | $1,636 |
| Lockwood | $1,630 |
| Whiteoak | $1,629 |
| Plaza Midwood | $1,610 |
| Olde Whitehall | $1,602 |
| Arbor Hills | $1,600 |
| Rain Tree | $1,587 |
| Montclaire - Madison Park | $1,576 |
| Eagle Lake | $1,569 |
| Griers Fork | $1,568 |
| Withrow Downs | $1,563 |
| Sharon Woods | $1,562 |
| Northlake | $1,559 |
| Wendover - Sedgewood | $1,557 |
| Seversville | $1,520 |
| Hampshire Hills | $1,516 |
| Sardis | $1,509 |
| Wessex Square | $1,498 |
| Lansdowne | $1,486 |
| Steele Creek | $1,477 |
| Montclaire South | $1,466 |
| Touchstone Village - Elm Lane | $1,443 |
| Yorkmount | $1,441 |
| Collingwood | $1,434 |
| Rockwell Park - Hemphill Heights | $1,417 |
| Country Club Heights | $1,413 |
| Hidden Valley | $1,402 |
| Steelecroft Place | $1,395 |
| Carmel | $1,391 |
| Yorkshire | $1,388 |
| Seven Eagles | $1,380 |
| Briarcreek - Woodland | $1,377 |
| Park Crossing | $1,373 |
| East Forest | $1,355 |
| Eastway - Sheffield Park | $1,336 |
| Clanton Park - Roseland | $1,330 |
| Idlewild | $1,329 |
| Shannon Park | $1,327 |
| Farm Pond | $1,305 |
| Stonehaven | $1,304 |
| Sharonbrook | $1,303 |
| Starmount | $1,300 |
| Windsor Park | $1,285 |
| Eastland - Wilora Lake | $1,263 |
| Oak Forest | $1,248 |
| Oakhurst | $1,245 |
| Hickory Ridge | $1,202 |
| Enderly Park | $1,153 |
| Plaza - Shamrock | $1,007 |
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Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 7% lower than in Ashbrook - Clawson Village
$1,600
Arbor Hills rent is 4% lower than Charlotte average
Average Rent
$1,600
$1,720
Ashbrook - Clawson Village rent is 3% higher than Charlotte average
Average Rent
$1,720
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,675 |
| Raleigh | $1,575 |
| Fayetteville | $1,290 |
| Winston - Salem | $1,284 |
| Durham | $1,535 |
| Greensboro | $1,332 |
| Wilson | $1,352 |
| Rocky Mount | $1,202 |
| Hickory | $1,477 |
| Concord | $1,531 |
| Greenville | $1,394 |
| Gastonia | $1,381 |
| Huntersville, NC | $1,776 |
| Mooresville, NC | $1,609 |
| Monroe, NC | $1,527 |
| Fort Mill, SC | $1,711 |
| Rock Hill, SC | $1,476 |
| Indian Trail, NC | $1,742 |
| Kannapolis, NC | $1,578 |
| Cornelius, NC | $1,687 |
| Dallas, NC | $1,878 |
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.