Charlotte, NC Rental Market Trends
What is the average rent in Charlotte?
The average rent for an apartment in Charlotte is $1,639. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Charlotte, NC
Average Rent | Average Apartment Size |
---|---|
$1,639 | 942 sq. ft. |
What is the average apartment size in Charlotte?
The average size for a Charlotte, NC apartment is 942 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
159,931 or 47% of the households in Charlotte, NC are renter-occupied while 179,054 or 53% are owner-occupied.
Charlotte, NC Rent Trends
Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Mar / 2022 | Jul / 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|
$1,191 | $1,242 | $1,246 | $1,265 | $1,265 | $1,286 | $1,301 | $1,439 | $1,522 | $1,559 | $1,639 | |
$1,375 | $1,407 | $1,415 | $1,416 | $1,406 | $1,410 | $1,418 | $1,501 | $1,596 | $1,634 | $1,706 |
Average Rent in Charlotte, NC By Neighborhood
Neighborhood | Average Rent |
---|---|
Eastover | $2,650 |
Brookhill | $2,167 |
The South End | $2,166 |
Uptown Charlotte | $2,166 |
Dilworth | $2,073 |
Freedom Park | $1,984 |
Cherry | $1,882 |
Elizabeth | $1,882 |
Wilmore | $1,857 |
Ballantyne | $1,840 |
Piper Glen Estates | $1,840 |
Providence Crossing | $1,840 |
Provincetowne | $1,840 |
Rain Tree | $1,840 |
Stone Creek Ranch | $1,840 |
Touchstone Village - Elm Lane | $1,840 |
Whiteoak | $1,840 |
Cotswold | $1,836 |
Foxcroft | $1,836 |
Providence Park | $1,836 |
Sherwood Forest | $1,836 |
Stonehaven | $1,836 |
Wendover - Sedgewood | $1,836 |
Myers Park | $1,818 |
Barclay Downs | $1,813 |
Southside Park | $1,797 |
Ashbrook - Clawson Village | $1,796 |
Collingwood | $1,796 |
Colonial Village | $1,796 |
Sedgefield | $1,796 |
Asheford Woods | $1,699 |
Berewick | $1,699 |
Charlotte Pines | $1,699 |
Creekshire Estates | $1,699 |
Dixie - Berryhill | $1,699 |
Falcon Ridge | $1,699 |
Harbor Oaks | $1,699 |
Hartwell | $1,699 |
McDowell Place | $1,699 |
Montreux | $1,699 |
Neely Glen | $1,699 |
Planters Walk | $1,699 |
River Oaks | $1,699 |
Riverpointe | $1,699 |
Steele Creek Landing | $1,699 |
Steelecroft Place | $1,699 |
Stowe Creek | $1,699 |
The Palisades | $1,699 |
The Sanctuary | $1,699 |
Waterlyn | $1,699 |
Wiltshire Manor | $1,699 |
Withers Grove | $1,699 |
Woody Point Acres | $1,699 |
Hembstead | $1,674 |
Lansdowne | $1,674 |
Oxford Hunt | $1,674 |
Providence Plantation | $1,674 |
Sardis | $1,674 |
Double Oaks | $1,661 |
Druid Hills | $1,661 |
Genesis Park | $1,661 |
Greenville | $1,661 |
J.T. Williams | $1,661 |
Lockwood | $1,661 |
Sugaw Creek - Ritch Avenue | $1,661 |
Tryon Hills | $1,661 |
Arbor Hills | $1,650 |
Claybrooke | $1,650 |
Fountaingrove | $1,650 |
Harris - Houston | $1,650 |
Homewood Acres | $1,650 |
Lexington | $1,650 |
Mallard Lake | $1,650 |
Mallard Woods | $1,650 |
Maplewood | $1,650 |
Mill Creek | $1,650 |
Mineral Springs - Rumble Road | $1,650 |
University City North | $1,650 |
University City South | $1,650 |
Withrow Downs | $1,650 |
Montclaire - Madison Park | $1,633 |
Steele Creek | $1,631 |
Grier Heights | $1,614 |
Brown Road | $1,603 |
Griers Fork | $1,603 |
Olde Whitehall | $1,603 |
Yorkshire | $1,603 |
Belmont | $1,600 |
College Downs | $1,582 |
Hidden Valley | $1,582 |
Newell | $1,582 |
Davis Lake - Eastfield | $1,545 |
Derita - Statesville | $1,545 |
Henderson Circle | $1,545 |
Highland Creek | $1,545 |
Nevin Community | $1,545 |
Prosperity Church Road | $1,545 |
Rockwell Park - Hemphill Heights | $1,545 |
Beatties Ford - Trinity | $1,535 |
Northlake | $1,535 |
Slater Road - Hamilton Circle | $1,535 |
Wilson Heights | $1,535 |
Optimist Park | $1,533 |
Montclaire South | $1,532 |
Yorkmount | $1,532 |
Biddleville | $1,524 |
Firestone - Garden Park | $1,524 |
Lincoln Heights | $1,524 |
McCrorey Heights | $1,524 |
Mountain Island | $1,524 |
Oakdale | $1,524 |
Oaklawn | $1,524 |
Oakview Terrance | $1,524 |
Sunset Road | $1,524 |
University Park | $1,524 |
Washington Heights | $1,524 |
Governor's Square | $1,513 |
McAlpine | $1,513 |
Montibello | $1,513 |
Mountainbrook | $1,513 |
Olde Providence North | $1,513 |
Olde Providence South | $1,513 |
Park Ridge | $1,513 |
Wessex Square | $1,513 |
Charlotte Douglas International Airport | $1,498 |
Carmel | $1,496 |
Briarcreek - Woodland | $1,496 |
Chantilly | $1,496 |
Coliseum Drive | $1,496 |
Commonwealth | $1,496 |
Country Club Heights | $1,496 |
Echo Hills | $1,496 |
North Charlotte | $1,496 |
Oakhurst | $1,496 |
Plaza - Shamrock | $1,496 |
Plaza Hills | $1,496 |
Plaza Midwood | $1,496 |
Villa Heights | $1,496 |
Beverly Woods | $1,486 |
Park Crossing | $1,486 |
Quail Hollow | $1,486 |
Seven Eagles | $1,486 |
Sharon Woods | $1,486 |
Sharonbrook | $1,486 |
Starmount | $1,486 |
Back Creek Church Road | $1,469 |
Hampshire Hills | $1,469 |
Clanton Park - Roseland | $1,466 |
York Road | $1,466 |
Thomasboro - Hoskins | $1,458 |
Eagle Lake | $1,428 |
Windsor Park | $1,420 |
Arlington Forest | $1,378 |
Becton Park | $1,378 |
Bent Creek | $1,378 |
Butterfield | $1,378 |
Clear Creek | $1,378 |
Clear Meadow | $1,378 |
Marlwood | $1,378 |
McGregor | $1,378 |
Mint Hill Estates | $1,378 |
Morris Farms | $1,378 |
Park Walk | $1,378 |
Persimmon Creek | $1,378 |
Pleasant Valley | $1,378 |
Sherwood Forest | $1,378 |
Waterleaf | $1,378 |
Eastway - Sheffield Park | $1,367 |
Arbor Glen | $1,361 |
Ashley Park | $1,361 |
Boulevard Homes | $1,361 |
Capitol Drive | $1,361 |
Enderly Park | $1,361 |
Jackson Homes | $1,361 |
Lakewood | $1,361 |
Pinecrest | $1,361 |
Ponderosa - Wingate | $1,361 |
Reid Park | $1,361 |
Revolution Park | $1,361 |
Seversville | $1,361 |
Smallwood | $1,361 |
Todd Park | $1,361 |
Toddville Road | $1,361 |
Wesley Heights | $1,361 |
West Bolevard | $1,361 |
Westchester | $1,361 |
Westerly Hills | $1,361 |
Westover Hills | $1,361 |
Hickory Ridge | $1,296 |
East Forest | $1,278 |
Idlewild | $1,241 |
North Sharon Amity - Reddman Road | $1,241 |
Eastland - Wilora Lake | $1,234 |
Farm Pond | $1,234 |
Avensong | $1,214 |
Bradfield Farms | $1,214 |
Cedarbrook Acres | $1,214 |
Hickory Grove | $1,214 |
Lakeland Hills | $1,214 |
Oak Forest | $1,214 |
Robinson Church Road | $1,214 |
Shannon Park | $1,214 |
Turtle Rock | $1,214 |
Woodbury | $1,214 |
What are the most affordable neighborhoods in Charlotte?
The most affordable neighborhoods in Charlotte are Avensong, where the average rent goes for $1,214/month, Bradfield Farms, where renters pay $1,214/mo on average, and Cedarbrook Acres, where the average rent goes for $1,214/mo. If you’re looking for other great deals, check out the listings from Hickory Grove ($1,214), Lakeland Hills ($1,214), and Oak Forest ($1,214), where the asking prices are below the average Charlotte rent of $1,639/mo.
What are the most expensive neighborhoods in Charlotte?
The most expensive neighborhoods in Charlotte are The South End ($2,166), Brookhill ($2,167) and Eastover ($2,650).
What are the most popular neighborhoods in Charlotte?
The most popular neighborhood in Charlotte is Prosperity Church Road, where there are 20 verified RentCafe listings with an average rent of $1,545. Next up is Newell, where apartments go for $1,582/month, followed by Rockwell Park - Hemphill Heights with $1,545 If you’re looking to rent in Charlotte’s most popular neighborhoods, make sure to also check out Back Creek Church Road, where renters pay $1,469 on average, and Highland Creek, where the average monthly rent is $1,545.
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Glen is 18% lower than in Arbor Hills
Arbor Glen rent is 17% lower than Charlotte average
Average Rent | $1,361 |
---|
Arbor Hills rent is 1% higher than Charlotte average
Average Rent | $1,650 |
---|
How Charlotte Compares to Other Cities
City | Average Rent |
---|---|
Charlotte | $1,639 |
Winston - Salem | $1,192 |
Raleigh | $1,631 |
Greensboro | $1,218 |
Durham | $1,591 |
Concord | $1,524 |
Wilmington | $1,605 |
Clayton | $1,563 |
High Point | $1,167 |
Mooresville | $1,571 |
Cary | $1,666 |
Huntersville | $1,666 |
Kannapolis | $1,448 |
Gastonia | $1,263 |
Monroe | $1,056 |
Indian Trail | $1,657 |
Rock Hill | $1,434 |
Matthews | $1,574 |
Fort Mill | $1,702 |
Lexington | $1,122 |
Denver | $1,502 |