Charlotte, NC Rental Market Trends
Highlights
The average rent for an apartment in Charlotte is $1,142, a 3% increase compared to the previous year, when the average rent was $1,109.
Studio apartments in Charlotte rent for $1,081 a month, while 1-bedroom apartments ask on average $1,027 a month; the average rent for a 2-bedroom apartment is $1,171.
Average Rent in Charlotte, NC
Last updated Apr 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,142 | $1,081 | $1,027 | $1,171 | $1,315 |
| Y-o-Y Change | 3% | 6% | 3% | 3% | 2% |
| Average Apartment Size | 939 sq. ft. | 522 sq. ft. | 745 sq. ft. | 1,056 sq. ft. | 1,309 sq. ft. |
The average size for a Charlotte apartment is 939 square feet, but this number varies greatly depending on apartment type. A studio averages 522 sq. ft., while a one-bedroom apartment offers a more generous square footage: 745. 2-bedroom apartments in Charlotte have an average size of 1,056 sq. ft.
Charlotte, NC Apartment Rent Ranges
- $501-$7001%
- $701-$1,00024%
- $1,001-$1,50054%
- $1,501-$2,00017%
- > $2,0004%
Charlotte, NC Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Apr / 2018 | $1,142 | $1,081 | $1,027 | $1,171 | $1,315 |
| May / 2017 | $1,137 | $1,034 | $1,031 | $1,168 | $1,302 |
| Jan / 2017 | $1,099 | $1,026 | $992 | $1,127 | $1,270 |
| Sept / 2016 | $1,109 | $1,024 | $997 | $1,141 | $1,283 |
| May / 2016 | $1,094 | $1,026 | $983 | $1,127 | $1,256 |
| Jan / 2016 | $1,063 | $990 | $961 | $1,089 | $1,227 |
| Sept / 2015 | $1,051 | $986 | $943 | $1,077 | $1,223 |
| May / 2015 | $1,021 | $912 | $916 | $1,045 | $1,189 |
| Jan / 2015 | $979 | $896 | $874 | $1,002 | $1,143 |
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Average Rent in Charlotte, NC By Neighborhood
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| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| Woodbury | $828 | $606 | $733 | $871 | $994 |
| Turtle Rock | $828 | $606 | $733 | $871 | $994 |
| Shannon Park | $828 | $606 | $733 | $871 | $994 |
| Robinson Church Road | $828 | $606 | $733 | $871 | $994 |
| Oak Forest | $828 | $606 | $733 | $871 | $994 |
| Lakeland Hills | $828 | $606 | $733 | $871 | $994 |
| Hickory Grove | $828 | $606 | $733 | $871 | $994 |
| Cedarbrook Acres | $828 | $606 | $733 | $871 | $994 |
| Bradfield Farms | $828 | $606 | $733 | $871 | $994 |
| Avensong | $828 | $606 | $733 | $871 | $994 |
| Farm Pond | $859 | $649 | $764 | $910 | $1,048 |
| Eastland - Wilora Lake | $859 | $649 | $764 | $910 | $1,048 |
| Hickory Ridge | $869 | $606 | $777 | $902 | $1,049 |
| Westover Hills | $869 | $435 | $801 | $915 | $943 |
| Westerly Hills | $869 | $435 | $801 | $915 | $943 |
| Westchester | $869 | $435 | $801 | $915 | $943 |
| West Bolevard | $869 | $435 | $801 | $915 | $943 |
| Wesley Heights | $869 | $435 | $801 | $915 | $943 |
| Toddville Road | $869 | $435 | $801 | $915 | $943 |
| Todd Park | $869 | $435 | $801 | $915 | $943 |
| Smallwood | $869 | $435 | $801 | $915 | $943 |
| Seversville | $869 | $435 | $801 | $915 | $943 |
| Revolution Park | $869 | $435 | $801 | $915 | $943 |
| Reid Park | $869 | $435 | $801 | $915 | $943 |
| Ponderosa - Wingate | $869 | $435 | $801 | $915 | $943 |
| Pinecrest | $869 | $435 | $801 | $915 | $943 |
| Lakewood | $869 | $435 | $801 | $915 | $943 |
| Jackson Homes | $869 | $435 | $801 | $915 | $943 |
| Enderly Park | $869 | $435 | $801 | $915 | $943 |
| Capitol Drive | $869 | $435 | $801 | $915 | $943 |
| Boulevard Homes | $869 | $435 | $801 | $915 | $943 |
| Ashley Park | $869 | $435 | $801 | $915 | $943 |
| Arbor Glen | $869 | $435 | $801 | $915 | $943 |
| North Sharon Amity - Reddman Road | $871 | $665 | $774 | $926 | $1,069 |
| Idlewild | $871 | $665 | $774 | $926 | $1,069 |
| East Forest | $882 | $665 | $786 | $930 | $1,076 |
| Eastway - Sheffield Park | $926 | $768 | $859 | $964 | $1,116 |
| Windsor Park | $940 | $788 | $894 | $963 | $1,116 |
| Charlotte Douglas International Airport | $949 | $435 | $848 | $1,006 | $1,076 |
| Eagle Lake | $971 | $678 | $872 | $1,028 | $1,053 |
| Optimist Park | $989 | $864 | $961 | $1,002 | $1,193 |
| Villa Heights | $994 | $829 | $956 | $1,016 | $1,193 |
| Plaza Midwood | $994 | $829 | $956 | $1,016 | $1,193 |
| Plaza Hills | $994 | $829 | $956 | $1,016 | $1,193 |
| Plaza - Shamrock | $994 | $829 | $956 | $1,016 | $1,193 |
| Oakhurst | $994 | $829 | $956 | $1,016 | $1,193 |
| North Charlotte | $994 | $829 | $956 | $1,016 | $1,193 |
| Echo Hills | $994 | $829 | $956 | $1,016 | $1,193 |
| Country Club Heights | $994 | $829 | $956 | $1,016 | $1,193 |
| Commonwealth | $994 | $829 | $956 | $1,016 | $1,193 |
| Coliseum Drive | $994 | $829 | $956 | $1,016 | $1,193 |
| Chantilly | $994 | $829 | $956 | $1,016 | $1,193 |
| Briarcreek - Woodland | $994 | $829 | $956 | $1,016 | $1,193 |
| York Road | $1,023 | $684 | $918 | $1,080 | $1,096 |
| Clanton Park - Roseland | $1,023 | $684 | $918 | $1,080 | $1,096 |
| Hampshire Hills | $1,027 | $720 | $808 | $949 | $1,039 |
| Back Creek Church Road | $1,027 | $720 | $808 | $949 | $1,039 |
| Thomasboro - Hoskins | $1,028 | $435 | $932 | $1,072 | $1,143 |
| Starmount | $1,044 | $891 | $943 | $1,087 | $1,394 |
| Sharonbrook | $1,044 | $891 | $943 | $1,087 | $1,394 |
| Sharon Woods | $1,044 | $891 | $943 | $1,087 | $1,394 |
| Seven Eagles | $1,044 | $891 | $943 | $1,087 | $1,394 |
| Quail Hollow | $1,044 | $891 | $943 | $1,087 | $1,394 |
| Park Crossing | $1,044 | $891 | $943 | $1,087 | $1,394 |
| Beverly Woods | $1,044 | $891 | $943 | $1,087 | $1,394 |
| Yorkmount | $1,053 | $800 | $943 | $1,107 | $1,172 |
| Montclaire South | $1,053 | $800 | $943 | $1,107 | $1,172 |
| Carmel | $1,063 | $891 | $956 | $1,116 | $1,409 |
| Yorkshire | $1,085 | $1,044 | $967 | $1,135 | $1,276 |
| Olde Whitehall | $1,085 | $1,044 | $967 | $1,135 | $1,276 |
| Griers Fork | $1,085 | $1,044 | $967 | $1,135 | $1,276 |
| Brown Road | $1,085 | $1,044 | $967 | $1,135 | $1,276 |
| Steele Creek | $1,092 | $1,044 | $966 | $1,144 | $1,294 |
| Belmont | $1,094 | $1,021 | $1,052 | $1,137 | $1,244 |
| Montclaire - Madison Park | $1,103 | $954 | $1,013 | $1,160 | $1,414 |
| Grier Heights | $1,118 | $920 | $1,017 | $1,163 | $1,478 |
| Newell | $1,128 | $831 | $848 | $1,001 | $1,056 |
| Hidden Valley | $1,128 | $831 | $848 | $1,001 | $1,056 |
| College Downs | $1,128 | $831 | $848 | $1,001 | $1,056 |
| Sardis | $1,145 | $783 | $952 | $1,188 | $1,478 |
| Providence Plantation | $1,145 | $783 | $952 | $1,188 | $1,478 |
| Oxford Hunt | $1,145 | $783 | $952 | $1,188 | $1,478 |
| Lansdowne | $1,145 | $783 | $952 | $1,188 | $1,478 |
| Hembstead | $1,145 | $783 | $952 | $1,188 | $1,478 |
| Sedgefield | $1,200 | $985 | $1,107 | $1,307 | $1,472 |
| Colonial Village | $1,200 | $985 | $1,107 | $1,307 | $1,472 |
| Collingwood | $1,200 | $985 | $1,107 | $1,307 | $1,472 |
| Ashbrook - Clawson Village | $1,200 | $985 | $1,107 | $1,307 | $1,472 |
| Withrow Downs | $1,201 | $731 | $977 | $1,124 | $1,383 |
| University City South | $1,201 | $731 | $977 | $1,124 | $1,383 |
| University City North | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Mineral Springs - Rumble Road | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Mill Creek | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Maplewood | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Mallard Woods | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Mallard Lake | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Lexington | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Homewood Acres | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Harris - Houston | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Fountaingrove | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Claybrooke | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Arbor Hills | $1,201 | $731 | $977 | $1,124 | $1,383 |
| Southside Park | $1,259 | $1,128 | $1,205 | $1,338 | $1,172 |
| Myers Park | $1,268 | $1,033 | $1,123 | $1,357 | $1,697 |
| Barclay Downs | $1,268 | $1,033 | $1,123 | $1,357 | $1,697 |
| Wilmore | $1,282 | $1,191 | $1,218 | $1,391 | $1,147 |
| Whiteoak | $1,305 | $951 | $1,108 | $1,373 | $1,640 |
| Touchstone Village - Elm Lane | $1,305 | $951 | $1,108 | $1,373 | $1,640 |
| Stone Creek Ranch | $1,305 | $951 | $1,108 | $1,373 | $1,640 |
| Rain Tree | $1,305 | $951 | $1,108 | $1,373 | $1,640 |
| Provincetowne | $1,305 | $951 | $1,108 | $1,373 | $1,640 |
| Providence Crossing | $1,305 | $951 | $1,108 | $1,373 | $1,640 |
| Piper Glen Estates | $1,305 | $951 | $1,108 | $1,373 | $1,640 |
| Ballantyne | $1,305 | $951 | $1,108 | $1,373 | $1,640 |
| Wendover - Sedgewood | $1,337 | $1,097 | $1,147 | $1,400 | $1,779 |
| Stonehaven | $1,337 | $1,097 | $1,147 | $1,400 | $1,779 |
| Sherwood Forest | $1,337 | $1,097 | $1,147 | $1,400 | $1,779 |
| Providence Park | $1,337 | $1,097 | $1,147 | $1,400 | $1,779 |
| Foxcroft | $1,337 | $1,097 | $1,147 | $1,400 | $1,779 |
| Cotswold | $1,337 | $1,097 | $1,147 | $1,400 | $1,779 |
| Freedom Park | $1,377 | $1,123 | $1,279 | $1,524 | $1,566 |
| Elizabeth | $1,463 | $1,232 | $1,295 | $1,831 | $2,261 |
| Cherry | $1,463 | $1,232 | $1,295 | $1,831 | $2,261 |
| Dilworth | $1,491 | $1,209 | $1,362 | $1,732 | $1,762 |
| Brookhill | $1,503 | $1,194 | $1,392 | $1,699 | $1,676 |
| The South End | $1,598 | $1,275 | $1,467 | $1,835 | $2,157 |
| Uptown Charlotte | $1,687 | $1,307 | $1,539 | $1,991 | $2,394 |
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The most affordable neighborhoods in Charlotte are Avensong, where the average rent goes for $828/month, Bradfield Farms, where renters pay $828/mo on average, and Cedarbrook Acres, where the average rent goes for $828/mo. If you’re looking for other great deals, check out the listings from Hickory Grove ($828), Lakeland Hills ($828), and Oak Forest ($828), where the asking prices are below the average Charlotte rent of $1,142/mo.
The most expensive neighborhoods in Charlotte are Brookhill ($1,503), The South End ($1,598) and Uptown Charlotte ($1,687).
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Glen is 28% lower than in Arbor Hills
$869
Arbor Glen rent is 24% lower than Charlotte average
| All rentals | $869 |
|---|---|
| Studio | $435 |
| 1 Bed | $801 |
| 2 Beds | $915 |
| 3 Beds | $943 |
$1,201
Arbor Hills rent is 5% higher than Charlotte average
| All rentals | $1,201 |
|---|---|
| Studio | $731 |
| 1 Bed | $977 |
| 2 Beds | $1,124 |
| 3 Beds | $1,383 |
How Does Charlotte Compare to Nearby Cities
For more information about the Charlotte rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Arbor Glen 50
- Arbor Glen Apartments
- Arbor Glen III
- Crossing at Reedy Creek
- 1700 Place Apartments
- Peppertree
- The Fields Archdale Station
- The Highlands
- Hudson Commons
- Reserve at Providence
- Links at Citiside
- Ascent Pineville
- W Flats Apartments
- Ivy Hollow
- Timber Creek
- Johnston Creek Crossing
- Beacon Hill
- Pavilion at UC
- Wildwood Apartments
- Post Gateway Place
Mid-priced Listings on RENTCafé
- Park and Kingston
- 10010 Heathergate Lane Charlotte NC 28227
- 3431 Kelsey Emma Ct
- 4800 Fireside Dr
- 5401 Snow White Ln
- 4351 Stepping Stone Dr
- 8923 Little Hampton Pl
- Cielo Apartments
- Sterling Magnolia Apartments
- Elizabeth Square
- The Gibson
- 820 Justice Ave
- 3225 Burkston Rd Charlotte, NC 28269
- 9829 Falling Stream Drive
- Bell Ballantyne
- 10018 Orchard Grass Court
- 8430 Wallace Glen Dr
- 5923 Raisin Tree Lane
- 6605 Mallard Park Drive
- 8921 Chalkstone Road
Most Expensive Listings on RENTCafé
- 14324 Asheton Creek Drive
- 5622 Falls Ridge Lane
- 5607 Samuel Neel Rd Charlotte, NC 28278
- 11320 Anna Rose Road Charlotte NC 28273
- 12102 Hampton Place Drive
- 10524 Dominion Village Drive
- 1304 Oakhurst Drive
- 15643 Normans Landing Drive
- 12220 Taos Court
- 1314 Caselton Court
- 3528 Dominion Green Drive
- 13131 Ferguson Forest Drive
- 15014 Reminisce Lane
- 10408 Glenburn Ln Charlotte NC 28278
- 8207 Abbottsgate Lane
- 10303 Kirkmont Drive
- 11005 Sedgemoor Lane
- 6211 Stone Porch Road
- 511 Queens
- Tindall Park
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Charlotte apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.