Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Charlotte, NC Rental Market Trends
What is the average rent in Charlotte?
The average rent for an apartment in Charlotte is $1,559. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Charlotte, NC
Last updated February 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,559 | 943 sq. ft. |
What is the average apartment size in Charlotte?
The average size for a Charlotte, NC apartment is 943 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
142,096 or 41% of the households in Charlotte, NC are renter-occupied while 196,889 or 58% are owner-occupied.
Charlotte, NC Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Charlotte, NC | $1,183 | $1,191 | $1,242 | $1,246 | $1,265 | $1,265 | $1,286 | $1,301 | $1,439 | $1,522 | $1,559 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Eastover | $2,496 |
| Uptown Charlotte | $2,045 |
| The South End | $2,033 |
| Brookhill | $2,019 |
| Dilworth | $1,938 |
| Freedom Park | $1,850 |
| Cotswold | $1,800 |
| Foxcroft | $1,800 |
| Providence Park | $1,800 |
| Stonehaven | $1,800 |
| Wendover - Sedgewood | $1,800 |
| Cherry | $1,768 |
| Elizabeth | $1,768 |
| Wilmore | $1,739 |
| Myers Park | $1,727 |
| Ballantyne | $1,723 |
| Piper Glen Estates | $1,723 |
| Providence Crossing | $1,723 |
| Provincetowne | $1,723 |
| Rain Tree | $1,723 |
| Stone Creek Ranch | $1,723 |
| Touchstone Village - Elm Lane | $1,723 |
| Whiteoak | $1,723 |
| Barclay Downs | $1,722 |
| Southside Park | $1,678 |
| Ashbrook - Clawson Village | $1,660 |
| Collingwood | $1,660 |
| Colonial Village | $1,660 |
| Sedgefield | $1,660 |
| Asheford Woods | $1,609 |
| Berewick | $1,609 |
| Charlotte Pines | $1,609 |
| Creekshire Estates | $1,609 |
| Dixie - Berryhill | $1,609 |
| Falcon Ridge | $1,609 |
| Harbor Oaks | $1,609 |
| Hartwell | $1,609 |
| McDowell Place | $1,609 |
| Montreux | $1,609 |
| Neely Glen | $1,609 |
| Planters Walk | $1,609 |
| River Oaks | $1,609 |
| Riverpointe | $1,609 |
| Steele Creek Landing | $1,609 |
| Steelecroft Place | $1,609 |
| Stowe Creek | $1,609 |
| The Palisades | $1,609 |
| The Sanctuary | $1,609 |
| Waterlyn | $1,609 |
| Wiltshire Manor | $1,609 |
| Withers Grove | $1,609 |
| Woody Point Acres | $1,609 |
| Arbor Hills | $1,598 |
| Claybrooke | $1,598 |
| Fountaingrove | $1,598 |
| Harris - Houston | $1,598 |
| Homewood Acres | $1,598 |
| Lexington | $1,598 |
| Mallard Lake | $1,598 |
| Mallard Woods | $1,598 |
| Maplewood | $1,598 |
| Mill Creek | $1,598 |
| Mineral Springs - Rumble Road | $1,598 |
| University City North | $1,598 |
| University City South | $1,598 |
| Withrow Downs | $1,598 |
| Hembstead | $1,594 |
| Lansdowne | $1,594 |
| Oxford Hunt | $1,594 |
| Providence Plantation | $1,594 |
| Sardis | $1,594 |
| Double Oaks | $1,552 |
| Druid Hills | $1,552 |
| Genesis Park | $1,552 |
| Greenville | $1,552 |
| J.T. Williams | $1,552 |
| Lockwood | $1,552 |
| Sugaw Creek - Ritch Avenue | $1,552 |
| Tryon Hills | $1,552 |
| Grier Heights | $1,548 |
| College Downs | $1,541 |
| Hidden Valley | $1,541 |
| Newell | $1,541 |
| Montclaire - Madison Park | $1,535 |
| Steele Creek | $1,532 |
| Sherwood Forest | $1,507 |
| Belmont | $1,507 |
| Brown Road | $1,499 |
| Griers Fork | $1,499 |
| Olde Whitehall | $1,499 |
| Yorkshire | $1,499 |
| Davis Lake - Eastfield | $1,486 |
| Derita - Statesville | $1,486 |
| Henderson Circle | $1,486 |
| Highland Creek | $1,486 |
| Nevin Community | $1,486 |
| Prosperity Church Road | $1,486 |
| Rockwell Park - Hemphill Heights | $1,486 |
| Beatties Ford - Trinity | $1,469 |
| Northlake | $1,469 |
| Slater Road - Hamilton Circle | $1,469 |
| Wilson Heights | $1,469 |
| Governor's Square | $1,465 |
| McAlpine | $1,465 |
| Montibello | $1,465 |
| Mountainbrook | $1,465 |
| Olde Providence North | $1,465 |
| Olde Providence South | $1,465 |
| Park Ridge | $1,465 |
| Wessex Square | $1,465 |
| Biddleville | $1,450 |
| Firestone - Garden Park | $1,450 |
| Lincoln Heights | $1,450 |
| McCrorey Heights | $1,450 |
| Mountain Island | $1,450 |
| Oakdale | $1,450 |
| Oaklawn | $1,450 |
| Oakview Terrance | $1,450 |
| Sunset Road | $1,450 |
| University Park | $1,450 |
| Washington Heights | $1,450 |
| Optimist Park | $1,445 |
| Carmel | $1,442 |
| Back Creek Church Road | $1,431 |
| Hampshire Hills | $1,431 |
| Beverly Woods | $1,428 |
| Park Crossing | $1,428 |
| Quail Hollow | $1,428 |
| Seven Eagles | $1,428 |
| Sharon Woods | $1,428 |
| Sharonbrook | $1,428 |
| Starmount | $1,428 |
| Briarcreek - Woodland | $1,417 |
| Chantilly | $1,417 |
| Coliseum Drive | $1,417 |
| Commonwealth | $1,417 |
| Country Club Heights | $1,417 |
| Echo Hills | $1,417 |
| North Charlotte | $1,417 |
| Oakhurst | $1,417 |
| Plaza - Shamrock | $1,417 |
| Plaza Hills | $1,417 |
| Plaza Midwood | $1,417 |
| Villa Heights | $1,417 |
| Montclaire South | $1,417 |
| Yorkmount | $1,417 |
| Charlotte Douglas International Airport | $1,406 |
| Thomasboro - Hoskins | $1,377 |
| Windsor Park | $1,354 |
| Clanton Park - Roseland | $1,339 |
| York Road | $1,339 |
| Eagle Lake | $1,313 |
| Arlington Forest | $1,310 |
| Becton Park | $1,310 |
| Bent Creek | $1,310 |
| Butterfield | $1,310 |
| Clear Creek | $1,310 |
| Clear Meadow | $1,310 |
| Marlwood | $1,310 |
| McGregor | $1,310 |
| Mint Hill Estates | $1,310 |
| Morris Farms | $1,310 |
| Park Walk | $1,310 |
| Persimmon Creek | $1,310 |
| Pleasant Valley | $1,310 |
| Sherwood Forest | $1,310 |
| Waterleaf | $1,310 |
| Eastway - Sheffield Park | $1,301 |
| Arbor Glen | $1,269 |
| Ashley Park | $1,269 |
| Boulevard Homes | $1,269 |
| Capitol Drive | $1,269 |
| Enderly Park | $1,269 |
| Jackson Homes | $1,269 |
| Lakewood | $1,269 |
| Pinecrest | $1,269 |
| Ponderosa - Wingate | $1,269 |
| Reid Park | $1,269 |
| Revolution Park | $1,269 |
| Seversville | $1,269 |
| Smallwood | $1,269 |
| Todd Park | $1,269 |
| Toddville Road | $1,269 |
| Wesley Heights | $1,269 |
| West Bolevard | $1,269 |
| Westchester | $1,269 |
| Westerly Hills | $1,269 |
| Westover Hills | $1,269 |
| Hickory Ridge | $1,246 |
| East Forest | $1,218 |
| Idlewild | $1,184 |
| North Sharon Amity - Reddman Road | $1,184 |
| Eastland - Wilora Lake | $1,183 |
| Farm Pond | $1,183 |
| Avensong | $1,181 |
| Bradfield Farms | $1,181 |
| Cedarbrook Acres | $1,181 |
| Hickory Grove | $1,181 |
| Lakeland Hills | $1,181 |
| Oak Forest | $1,181 |
| Robinson Church Road | $1,181 |
| Shannon Park | $1,181 |
| Turtle Rock | $1,181 |
| Woodbury | $1,181 |
/
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What are the most affordable neighborhoods in Charlotte?
The most affordable neighborhoods in Charlotte are Avensong, where the average rent goes for $1,181/month, Bradfield Farms, where renters pay $1,181/mo on average, and Cedarbrook Acres, where the average rent goes for $1,181/mo. If you’re looking for other great deals, check out the listings from Hickory Grove ($1,181), Lakeland Hills ($1,181), and Oak Forest ($1,181), where the asking prices are below the average Charlotte rent of $1,559/mo.
What are the most expensive neighborhoods in Charlotte?
The most expensive neighborhoods in Charlotte are The South End ($2,033), Uptown Charlotte ($2,045) and Eastover ($2,496).
What are the most popular neighborhoods in Charlotte?
The most popular neighborhood in Charlotte is Robinson Church Road, where there are 19 verified RentCafe listings with an average rent of $1,181. Next up is Davis Lake - Eastfield, where apartments go for $1,486/month, followed by Prosperity Church Road with $1,486 If you’re looking to rent in Charlotte’s most popular neighborhoods, make sure to also check out Newell, where renters pay $1,541 on average, and Bradfield Farms, where the average monthly rent is $1,181.
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Glen is 21% lower than in Arbor Hills
$1,269
Arbor Glen rent is 19% lower than Charlotte average
| Average Rent | $1,269 |
|---|
$1,598
Arbor Hills rent is 3% higher than Charlotte average
| Average Rent | $1,598 |
|---|
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,559 |
| Raleigh | $1,522 |
| Winston - Salem | $1,119 |
| Greensboro | $1,147 |
| Durham | $1,468 |
| Concord | $1,457 |
| Wilmington | $1,492 |
| Cary | $1,558 |
| Clayton | $1,464 |
| Mooresville | $1,465 |
| Monroe | $1,000 |
| Gastonia | $1,210 |
| Huntersville | $1,514 |
| Kannapolis | $1,273 |
| Indian Trail | $1,617 |
| Matthews | $1,500 |
| Rock Hill | $1,351 |
| Fort Mill | $1,611 |
| Mint Hill | $1,310 |
| Mount Holly | $1,476 |
| Waxhaw | $1,416 |
Most Popular Apartments in Charlotte
Horizons At Steele Creek
10615 Beckstone Dr, Charlotte, NC 28273- 1 BED
- 2 BEDS
- 3 BEDS
- $1,335+
- $1,630+
- $1,775+
The Langston
1925 E 7Th Street, Charlotte, NC 28204- Studio
- 1 BED
- 2 BEDS
- $1,345
- $1,570
- Ask for pricing
Mezzo 1 Luxury Apartments
130 Sharon Township Lane, Charlotte, NC 28211- Studio
- 1 BED
- 2 BEDS
- $1,439
- $1,499
- $2,049
Magnolia Heights
3720-103 Wendwood Lane, Charlotte, NC 28211- 1 BED
- 2 BEDS
- 3 BEDS
- $1,575
- $2,025
- $2,625
Alta Croft
3030 Barrow Road, Charlotte, NC 28269- 1 BED
- 2 BEDS
- 3 BEDS
- $1,604+
- $1,895+
- Ask for pricing
Ivy Hollow
4920 Tanager Park Drive, Charlotte, NC 28262- Studio
- 2 BEDS
- 3 BEDS
- Ask for pricing
- Ask for pricing
- $1,630+
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.