Charlotte, NC Rental Market Trends
Highlights
The average rent for an apartment in Charlotte is $1,142, a 0% decrease compared to the previous year, when the average rent was $1,137.
Studio apartments in Charlotte rent for $1,059 a month, while 1-bedroom apartments ask on average $1,027 a month; the average rent for a 2-bedroom apartment is $1,175.
Average Rent in Charlotte, NC
Last updated Jan 2019
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,142 | $1,059 | $1,027 | $1,175 | $1,318 |
| Y-o-Y Change | n/a | 2% | n/a | 1% | 1% |
| Average Apartment Size | 944 sq. ft. | 528 sq. ft. | 742 sq. ft. | 1,057 sq. ft. | 1,314 sq. ft. |
The average size for a Charlotte apartment is 944 square feet, but this number varies greatly depending on apartment type. A studio averages 528 sq. ft., while a one-bedroom apartment offers a more generous square footage: 742. 2-bedroom apartments in Charlotte have an average size of 1,057 sq. ft.
Charlotte, NC Apartment Rent Ranges
- $501-$7008%
- $701-$1,00048%
- $1,001-$1,50036%
- $1,501-$2,0006%
- > $2,0001%
Charlotte, NC Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Jan / 2019 | $1,142 | $1,059 | $1,027 | $1,175 | $1,318 |
| Jan / 2018 | $1,142 | $1,057 | $1,027 | $1,175 | $1,318 |
| Sept / 2017 | $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 |
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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 | $833 | $637 | $726 | $871 | $1,087 |
| Turtle Rock | $833 | $637 | $726 | $871 | $1,087 |
| Shannon Park | $833 | $637 | $726 | $871 | $1,087 |
| Robinson Church Road | $833 | $637 | $726 | $871 | $1,087 |
| Oak Forest | $833 | $637 | $726 | $871 | $1,087 |
| Lakeland Hills | $833 | $637 | $726 | $871 | $1,087 |
| Hickory Grove | $833 | $637 | $726 | $871 | $1,087 |
| Cedarbrook Acres | $833 | $637 | $726 | $871 | $1,087 |
| Bradfield Farms | $833 | $637 | $726 | $871 | $1,087 |
| Avensong | $833 | $637 | $726 | $871 | $1,087 |
| Farm Pond | $855 | $674 | $755 | $909 | $1,045 |
| Eastland - Wilora Lake | $855 | $674 | $755 | $909 | $1,045 |
| Westover Hills | $856 | $922 | $772 | $888 | $1,026 |
| Westerly Hills | $856 | $922 | $772 | $888 | $1,026 |
| Westchester | $856 | $922 | $772 | $888 | $1,026 |
| West Bolevard | $856 | $922 | $772 | $888 | $1,026 |
| Wesley Heights | $856 | $922 | $772 | $888 | $1,026 |
| Toddville Road | $856 | $922 | $772 | $888 | $1,026 |
| Todd Park | $856 | $922 | $772 | $888 | $1,026 |
| Smallwood | $856 | $922 | $772 | $888 | $1,026 |
| Seversville | $856 | $922 | $772 | $888 | $1,026 |
| Revolution Park | $856 | $922 | $772 | $888 | $1,026 |
| Reid Park | $856 | $922 | $772 | $888 | $1,026 |
| Ponderosa - Wingate | $856 | $922 | $772 | $888 | $1,026 |
| Pinecrest | $856 | $922 | $772 | $888 | $1,026 |
| Lakewood | $856 | $922 | $772 | $888 | $1,026 |
| Jackson Homes | $856 | $922 | $772 | $888 | $1,026 |
| Enderly Park | $856 | $922 | $772 | $888 | $1,026 |
| Capitol Drive | $856 | $922 | $772 | $888 | $1,026 |
| Boulevard Homes | $856 | $922 | $772 | $888 | $1,026 |
| Ashley Park | $856 | $922 | $772 | $888 | $1,026 |
| Arbor Glen | $856 | $922 | $772 | $888 | $1,026 |
| North Sharon Amity - Reddman Road | $864 | $688 | $765 | $925 | $1,028 |
| Idlewild | $864 | $688 | $765 | $925 | $1,028 |
| Hickory Ridge | $874 | $637 | $782 | $905 | $1,065 |
| East Forest | $878 | $688 | $783 | $931 | $1,036 |
| Eastway - Sheffield Park | $936 | $840 | $866 | $983 | $1,079 |
| Eagle Lake | $950 | $755 | $835 | $1,000 | $1,091 |
| Charlotte Douglas International Airport | $958 | $922 | $854 | $1,008 | $1,131 |
| Windsor Park | $962 | $872 | $909 | $991 | $1,132 |
| York Road | $994 | $684 | $871 | $1,048 | $1,115 |
| Clanton Park - Roseland | $994 | $684 | $871 | $1,048 | $1,115 |
| Optimist Park | $1,012 | $931 | $975 | $1,040 | $1,161 |
| Villa Heights | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Plaza Midwood | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Plaza Hills | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Plaza - Shamrock | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Oakhurst | $1,021 | $918 | $974 | $1,057 | $1,161 |
| North Charlotte | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Echo Hills | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Country Club Heights | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Commonwealth | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Coliseum Drive | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Chantilly | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Briarcreek - Woodland | $1,021 | $918 | $974 | $1,057 | $1,161 |
| Thomasboro - Hoskins | $1,031 | $922 | $932 | $1,068 | $1,168 |
| Hampshire Hills | $1,034 | $746 | $799 | $961 | $1,065 |
| Back Creek Church Road | $1,034 | $746 | $799 | $961 | $1,065 |
| Yorkmount | $1,036 | $795 | $920 | $1,086 | $1,181 |
| Montclaire South | $1,036 | $795 | $920 | $1,086 | $1,181 |
| Starmount | $1,055 | $838 | $940 | $1,116 | $1,368 |
| Sharonbrook | $1,055 | $838 | $940 | $1,116 | $1,368 |
| Sharon Woods | $1,055 | $838 | $940 | $1,116 | $1,368 |
| Seven Eagles | $1,055 | $838 | $940 | $1,116 | $1,368 |
| Quail Hollow | $1,055 | $838 | $940 | $1,116 | $1,368 |
| Park Crossing | $1,055 | $838 | $940 | $1,116 | $1,368 |
| Beverly Woods | $1,055 | $838 | $940 | $1,116 | $1,368 |
| Rockwell Park - Hemphill Heights | $1,057 | $675 | $919 | $1,120 | $1,304 |
| Prosperity Church Road | $1,057 | $675 | $919 | $1,120 | $1,304 |
| Nevin Community | $1,057 | $675 | $919 | $1,120 | $1,304 |
| Highland Creek | $1,057 | $675 | $919 | $1,120 | $1,304 |
| Henderson Circle | $1,057 | $675 | $919 | $1,120 | $1,304 |
| Derita - Statesville | $1,057 | $675 | $919 | $1,120 | $1,304 |
| Davis Lake - Eastfield | $1,057 | $675 | $919 | $1,120 | $1,304 |
| Carmel | $1,062 | $838 | $946 | $1,127 | $1,390 |
| Wilson Heights | $1,075 | $675 | $962 | $1,119 | $1,239 |
| Slater Road - Hamilton Circle | $1,075 | $675 | $962 | $1,119 | $1,239 |
| Northlake | $1,075 | $675 | $962 | $1,119 | $1,239 |
| Beatties Ford - Trinity | $1,075 | $675 | $962 | $1,119 | $1,239 |
| Yorkshire | $1,084 | $1,030 | $971 | $1,129 | $1,285 |
| Olde Whitehall | $1,084 | $1,030 | $971 | $1,129 | $1,285 |
| Griers Fork | $1,084 | $1,030 | $971 | $1,129 | $1,285 |
| Brown Road | $1,084 | $1,030 | $971 | $1,129 | $1,285 |
| Steele Creek | $1,097 | $1,030 | $980 | $1,145 | $1,299 |
| Belmont | $1,103 | $1,039 | $1,060 | $1,151 | $1,217 |
| Montclaire - Madison Park | $1,108 | $923 | $1,014 | $1,177 | $1,364 |
| Sardis | $1,128 | $740 | $955 | $1,183 | $1,386 |
| Providence Plantation | $1,128 | $740 | $955 | $1,183 | $1,386 |
| Oxford Hunt | $1,128 | $740 | $955 | $1,183 | $1,386 |
| Lansdowne | $1,128 | $740 | $955 | $1,183 | $1,386 |
| Hembstead | $1,128 | $740 | $955 | $1,183 | $1,386 |
| Newell | $1,136 | $852 | $839 | $1,018 | $1,057 |
| Hidden Valley | $1,136 | $852 | $839 | $1,018 | $1,057 |
| College Downs | $1,136 | $852 | $839 | $1,018 | $1,057 |
| Grier Heights | $1,168 | $962 | $1,042 | $1,235 | $1,547 |
| Withrow Downs | $1,186 | $750 | $947 | $1,125 | $1,368 |
| University City South | $1,186 | $750 | $947 | $1,125 | $1,368 |
| University City North | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Mineral Springs - Rumble Road | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Mill Creek | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Maplewood | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Mallard Woods | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Mallard Lake | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Lexington | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Homewood Acres | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Harris - Houston | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Fountaingrove | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Claybrooke | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Arbor Hills | $1,186 | $750 | $947 | $1,125 | $1,368 |
| Sedgefield | $1,188 | $966 | $1,106 | $1,291 | $1,354 |
| Colonial Village | $1,188 | $966 | $1,106 | $1,291 | $1,354 |
| Collingwood | $1,188 | $966 | $1,106 | $1,291 | $1,354 |
| Ashbrook - Clawson Village | $1,188 | $966 | $1,106 | $1,291 | $1,354 |
| Southside Park | $1,209 | $1,080 | $1,155 | $1,280 | $1,176 |
| Wilmore | $1,244 | $1,121 | $1,187 | $1,341 | $1,188 |
| Whiteoak | $1,278 | $946 | $1,109 | $1,327 | $1,645 |
| Touchstone Village - Elm Lane | $1,278 | $946 | $1,109 | $1,327 | $1,645 |
| Stone Creek Ranch | $1,278 | $946 | $1,109 | $1,327 | $1,645 |
| Rain Tree | $1,278 | $946 | $1,109 | $1,327 | $1,645 |
| Provincetowne | $1,278 | $946 | $1,109 | $1,327 | $1,645 |
| Providence Crossing | $1,278 | $946 | $1,109 | $1,327 | $1,645 |
| Piper Glen Estates | $1,278 | $946 | $1,109 | $1,327 | $1,645 |
| Ballantyne | $1,278 | $946 | $1,109 | $1,327 | $1,645 |
| Barclay Downs | $1,299 | $1,007 | $1,137 | $1,403 | $1,747 |
| Myers Park | $1,312 | $1,007 | $1,137 | $1,426 | $1,764 |
| Freedom Park | $1,335 | $1,080 | $1,250 | $1,477 | $1,462 |
| Wendover - Sedgewood | $1,410 | $1,063 | $1,181 | $1,492 | $1,926 |
| Stonehaven | $1,410 | $1,063 | $1,181 | $1,492 | $1,926 |
| Sherwood Forest | $1,410 | $1,063 | $1,181 | $1,492 | $1,926 |
| Providence Park | $1,410 | $1,063 | $1,181 | $1,492 | $1,926 |
| Foxcroft | $1,410 | $1,063 | $1,181 | $1,492 | $1,926 |
| Cotswold | $1,410 | $1,063 | $1,181 | $1,492 | $1,926 |
| Dilworth | $1,440 | $1,158 | $1,331 | $1,660 | $1,736 |
| Brookhill | $1,447 | $1,132 | $1,350 | $1,638 | $1,633 |
| Elizabeth | $1,464 | $1,203 | $1,289 | $1,814 | $2,643 |
| Cherry | $1,464 | $1,203 | $1,289 | $1,814 | $2,643 |
| The South End | $1,583 | $1,233 | $1,455 | $1,835 | $2,207 |
| Uptown Charlotte | $1,697 | $1,273 | $1,546 | $2,031 | $2,487 |
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The most affordable neighborhoods in Charlotte are Avensong, where the average rent goes for $833/month, Bradfield Farms, where renters pay $833/mo on average, and Cedarbrook Acres, where the average rent goes for $833/mo. If you’re looking for other great deals, check out the listings from Hickory Grove ($833), Lakeland Hills ($833), and Oak Forest ($833), where the asking prices are below the average Charlotte rent of $1,142/mo.
The most expensive neighborhoods in Charlotte are Elizabeth ($1,464), The South End ($1,583) and Uptown Charlotte ($1,697).
Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Glen is 28% lower than in Arbor Hills
$856
Arbor Glen rent is 25% lower than Charlotte average
| All rentals | $856 |
|---|---|
| Studio | $922 |
| 1 Bed | $772 |
| 2 Beds | $888 |
| 3 Beds | $1,026 |
$1,186
Arbor Hills rent is 4% higher than Charlotte average
| All rentals | $1,186 |
|---|---|
| Studio | $750 |
| 1 Bed | $947 |
| 2 Beds | $1,125 |
| 3 Beds | $1,368 |
How Does Charlotte Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,142 | n/a |
| Raleigh | $1,114 | 0% |
| Asheville | $1,152 | 0% |
| Matthews | $1,094 | 1% |
For more information about the Charlotte rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Hunters Pointe
- Hanover Landing
- Springfield Gardens Apartments
- Arcadian Village
- Reserve at Providence
- Peppertree
- 1700 Place Apartments
- Timber Crest at Greenway
- Park 2300
- Timber Creek
- Windgate Apartments
- The Highlands
- Wellington Farms
- Crossroads Station
- Windsor Harbor
- Magnolia Terrace
- Waterford Square Apartments
- W Flats Apartments
- Hudson Commons
- Beacon Hill
Mid-priced Listings on RENTCafé
- Sycamore at Tyvola
- 3224 Valley Grove Road Charlotte, NC 28227
- Park and Kingston
- 1844 Garibaldi Ave
- 431 Austin Dr
- 5122 Deerton Rd
- 3417 Braden Dr
- 2133 Thornfield Rd
- 1034 Tracy Dr
- 11220 White Stag Dr
- 7326 William Reynolds Dr
- 1716 Ledson Court
- 6349 Cora Street Charlotte, NC 28216
- 11700 Brockley Court Charlotte, NC 28215
- 3535 Joel Turner Dr
- 5307 Peachwood Dr
- 5911 Hunters Crossing Ln
- 7101 Greenook Ct
- 4835 Muskogee Dr
- 1033 Alston Hill Dr
Most Expensive Listings on RENTCafé
- 2716 Buckleigh Drive
- 13808 Allison Forest Trail
- 5524 Tullamore Lane
- 4619 Kirkgard Trail
- 6137 Kilchurn Drive
- 13013 Blaze Manor Ln
- 3601 Chilham Pl Charlotte, NC 28226
- 3011 Sweetspire Road Charlotte, NC 28215
- 5422 Bentgrass Run Drive Charlotte, NC 28269
- 3244 Bamburgh Court
- 1314 Caselton Court
- 8207 Abbottsgate Lane
- 10606 Greenhead View Road Charlotte, NC 28262
- 6217 Shelley Ave
- 811 Larimer Lane
- 511 Queens
- 1208 Dunblane Court NW Charlotte, NC 28269
- 10209 Fairbourne Ct
- 4132 Meadowview Hills Drive
- 15141 Taylor Ridge Lane
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.