Charlotte, NC Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,655, a 0.41% decrease compared to the previous year, when the average rent was $1,662.
Studio Apartments at $1,330 offer the most budget-friendly option with 538 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 743 square feet for $1,473, balancing privacy and affordability.
Two-beedroom units at $1,749 offer 1,084 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,392 sq ft) for $2,072, suitable for larger households.
Average rent in Charlotte, NC
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,655 | 948 sq. ft. |
| Studio | $1,330 | 538 sq. ft. |
| 1 Bed | $1,473 | 743 sq. ft. |
| 2 Beds | $1,749 | 1,084 sq. ft. |
| 3 Beds | $2,072 | 1,392 sq. ft. |
Charlotte, NC rent trends
What's the typical rent budget in Charlotte, NC?
The largest share of rentals in Charlotte, NC (44%) 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?
175,055 or 48% of the households in Charlotte, NC are renter-occupied while 186,045 or 52% are owner-occupied.
Most affordable neighborhoods in Charlotte?
Plaza - Shamrock $997/month
Cotswold $1,050/month
Enderly Park $1,159/month
All of these neighborhoods fall below the city wide average of $1,655/month.Most expensive neighborhoods in Charlotte?
Barclay Downs $2,190/month
Stone Creek Ranch $2,219/month
Brookhill $2,490/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,490 |
| Stone Creek Ranch | $2,219 |
| Barclay Downs | $2,190 |
| Dilworth | $2,176 |
| Smallwood | $2,138 |
| Foxcroft | $2,060 |
| Uptown Charlotte | $2,054 |
| Olde Providence South | $2,049 |
| Myers Park | $2,017 |
| Wilmore | $2,008 |
| Sedgefield | $1,993 |
| Provincetowne | $1,965 |
| Providence Park | $1,958 |
| The South End | $1,919 |
| Southside Park | $1,919 |
| College Downs | $1,918 |
| Ballantyne | $1,873 |
| Back Creek Church Road | $1,868 |
| Coulwood | $1,864 |
| Mountain Island | $1,843 |
| University City South | $1,841 |
| The Palisades | $1,840 |
| York Road | $1,838 |
| Harris - Houston | $1,830 |
| Elizabeth | $1,777 |
| Optimist Park | $1,761 |
| Robinson Church Road | $1,729 |
| Ashley Park | $1,728 |
| North Charlotte | $1,724 |
| Berewick | $1,714 |
| Oxford Hunt | $1,663 |
| Highland Creek | $1,661 |
| Newell | $1,653 |
| Villa Heights | $1,643 |
| University City North | $1,635 |
| McAlpine | $1,622 |
| Whiteoak | $1,614 |
| Brown Road | $1,611 |
| Arbor Hills | $1,601 |
| Rain Tree | $1,599 |
| Plaza Midwood | $1,596 |
| Tryon Hills | $1,592 |
| Olde Whitehall | $1,587 |
| Montclaire - Madison Park | $1,585 |
| Griers Fork | $1,576 |
| Withrow Downs | $1,576 |
| Sugaw Creek - Ritch Avenue | $1,571 |
| Eagle Lake | $1,570 |
| Wesley Heights | $1,568 |
| Mill Creek | $1,566 |
| Prosperity Church Road | $1,552 |
| Hampshire Hills | $1,550 |
| Sardis | $1,545 |
| Touchstone Village - Elm Lane | $1,543 |
| Northlake | $1,538 |
| Mineral Springs - Rumble Road | $1,535 |
| Sharon Woods | $1,518 |
| Seversville | $1,514 |
| Collingwood | $1,466 |
| Yorkshire | $1,458 |
| Rockwell Park - Hemphill Heights | $1,454 |
| Lansdowne | $1,445 |
| Wessex Square | $1,443 |
| Yorkmount | $1,439 |
| Steele Creek | $1,437 |
| Montclaire South | $1,432 |
| Clanton Park - Roseland | $1,426 |
| Steelecroft Place | $1,416 |
| Country Club Heights | $1,375 |
| Park Crossing | $1,360 |
| East Forest | $1,349 |
| Hidden Valley | $1,342 |
| Starmount | $1,333 |
| Seven Eagles | $1,330 |
| Idlewild | $1,329 |
| Briarcreek - Woodland | $1,321 |
| Farm Pond | $1,315 |
| Eastway - Sheffield Park | $1,308 |
| Windsor Park | $1,299 |
| Oakhurst | $1,297 |
| North Sharon Amity - Reddman Road | $1,293 |
| Toddville Road | $1,288 |
| West Bolevard | $1,285 |
| Shannon Park | $1,280 |
| Eastland - Wilora Lake | $1,268 |
| Hickory Ridge | $1,262 |
| Carmel | $1,234 |
| Thomasboro - Hoskins | $1,181 |
| Enderly Park | $1,159 |
| Cotswold | $1,050 |
| Plaza - Shamrock | $997 |
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Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 7% lower than in Ashley Park
$1,601
Arbor Hills rent is 3% lower than Charlotte average
Average Rent
$1,601
$1,728
Ashley Park rent is 4% higher than Charlotte average
Average Rent
$1,728
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,655 |
| Raleigh | $1,579 |
| Fayetteville | $1,294 |
| Winston - Salem | $1,290 |
| Durham | $1,529 |
| Greensboro | $1,322 |
| Wilmington | $1,619 |
| Concord | $1,534 |
| Cary | $1,625 |
| Hickory | $1,489 |
| Asheville | $1,698 |
| Huntersville | $1,660 |
| Mooresville | $1,612 |
| Fort Mill, SC | $1,676 |
| Kannapolis | $1,523 |
| Rock Hill, SC | $1,464 |
| Gastonia, NC | $1,363 |
| Monroe, NC | $1,464 |
| Troutman, NC | $2,199 |
| Cornelius, NC | $1,644 |
| Indian Trail, NC | $1,726 |
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.