Charlotte, NC Rental Market Trends
Last updated: October 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,667, a 0.57% decrease compared to the previous year, when the average rent was $1,676.
Studio Apartments at $1,369 offer the most budget-friendly option with 536 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 744 square feet for $1,469, balancing privacy and affordability.
Two-bedroom units at $1,771 offer 1,091 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,410 sq ft) for $2,114, suitable for larger households.
Average rent in Charlotte, NC
Last updated: October 30, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,667 | 951 sq. ft. |
| Studio | $1,369 | 536 sq. ft. |
| 1 Bed | $1,469 | 744 sq. ft. |
| 2 Beds | $1,771 | 1,091 sq. ft. |
| 3 Beds | $2,114 | 1,410 sq. ft. |
Charlotte, NC rent trends
What's the typical rent budget in Charlotte, NC?
The largest share of rentals in Charlotte, NC (43%) 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 $1,025/month
Enderly Park $1,038/month
Cotswold $1,039/month
All of these neighborhoods fall below the city wide average of $1,667/month.Most expensive neighborhoods in Charlotte?
Waterlyn $2,236/month
Smallwood $2,239/month
Brookhill $2,560/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,560 |
| Smallwood | $2,239 |
| Waterlyn | $2,236 |
| Colonial Village | $2,189 |
| Barclay Downs | $2,187 |
| Stone Creek Ranch | $2,174 |
| Foxcroft | $2,164 |
| Dilworth | $2,108 |
| The South End | $2,090 |
| Uptown Charlotte | $2,043 |
| College Downs | $2,033 |
| Wilmore | $2,033 |
| Providence Park | $2,029 |
| Olde Providence South | $2,017 |
| Myers Park | $1,986 |
| Mallard Lake | $1,972 |
| Ballantyne | $1,932 |
| Southside Park | $1,931 |
| Coulwood | $1,923 |
| Mountain Island | $1,884 |
| Sedgefield | $1,879 |
| Harris - Houston | $1,834 |
| Provincetowne | $1,817 |
| Beverly Woods | $1,789 |
| Nevin Community | $1,774 |
| Davis Lake - Eastfield | $1,773 |
| Elizabeth | $1,762 |
| McAlpine | $1,741 |
| Lockwood | $1,741 |
| Whiteoak | $1,733 |
| Highland Creek | $1,729 |
| The Palisades | $1,725 |
| Hampshire Hills | $1,721 |
| North Charlotte | $1,718 |
| Villa Heights | $1,708 |
| University City South | $1,705 |
| Ashley Park | $1,699 |
| Plaza Midwood | $1,695 |
| Berewick | $1,690 |
| Optimist Park | $1,675 |
| Mill Creek | $1,671 |
| Sugaw Creek - Ritch Avenue | $1,661 |
| Tryon Hills | $1,650 |
| Newell | $1,649 |
| Oxford Hunt | $1,637 |
| Arbor Hills | $1,610 |
| Ashbrook - Clawson Village | $1,608 |
| University City North | $1,593 |
| Freedom Park | $1,592 |
| Wesley Heights | $1,592 |
| Olde Whitehall | $1,589 |
| Withrow Downs | $1,584 |
| Seversville | $1,576 |
| Eagle Lake | $1,572 |
| Griers Fork | $1,560 |
| Sharon Woods | $1,551 |
| Northlake | $1,543 |
| Montclaire - Madison Park | $1,533 |
| Rain Tree | $1,508 |
| Wessex Square | $1,507 |
| Sardis | $1,496 |
| Lansdowne | $1,486 |
| Touchstone Village - Elm Lane | $1,457 |
| Yorkmount | $1,449 |
| Rockwell Park - Hemphill Heights | $1,442 |
| Montclaire South | $1,438 |
| Yorkshire | $1,416 |
| Collingwood | $1,405 |
| Steelecroft Place | $1,396 |
| Eastland - Wilora Lake | $1,394 |
| Clanton Park - Roseland | $1,377 |
| Country Club Heights | $1,357 |
| Shannon Park | $1,355 |
| East Forest | $1,350 |
| Park Crossing | $1,342 |
| Carmel | $1,337 |
| Hidden Valley | $1,327 |
| Seven Eagles | $1,310 |
| Idlewild | $1,298 |
| Briarcreek - Woodland | $1,281 |
| Oakhurst | $1,258 |
| Sharonbrook | $1,251 |
| Farm Pond | $1,250 |
| Eastway - Sheffield Park | $1,223 |
| Hickory Ridge | $1,211 |
| Starmount | $1,211 |
| Cotswold | $1,039 |
| Enderly Park | $1,038 |
| Plaza - Shamrock | $1,025 |
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Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 1% higher than in Ashbrook - Clawson Village
$1,610
Arbor Hills rent is 3% lower than Charlotte average
Average Rent
$1,610
$1,608
Ashbrook - Clawson Village rent is 4% lower than Charlotte average
Average Rent
$1,608
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,667 |
| Raleigh | $1,594 |
| Winston - Salem | $1,287 |
| Durham | $1,552 |
| Greensboro | $1,344 |
| Fayetteville | $1,286 |
| Hickory | $1,470 |
| Greenville | $1,405 |
| Wilmington | $1,665 |
| Cary | $1,709 |
| Concord | $1,539 |
| Gastonia | $1,371 |
| Huntersville | $1,810 |
| Mooresville | $1,612 |
| Kannapolis, NC | $1,489 |
| Rock Hill, SC | $1,446 |
| Monroe, NC | $1,509 |
| Fort Mill, SC | $1,686 |
| Cornelius, NC | $1,724 |
| Indian Trail, NC | $1,766 |
| Clover, SC | $1,695 |
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.