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 Oct 2018
| 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 | |
|---|---|---|---|---|---|
| Oct / 2018 | $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 |
/
Average Rent in Charlotte, NC By Neighborhood
/
| 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 |
/
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% |
| Matthews | $1,094 | 1% |
| Asheville | $1,152 | 0% |
For more information about the Charlotte rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Arbor Glen 50
- Crossing at Reedy Creek
- Nia Point
- Arcadian Village
- 1700 Place Apartments
- Wexford
- Windgate Apartments
- The Highlands
- Reserve at Providence
- Park 2300
- Ivy Hollow
- Sharon Crossing Apartments
- Peppertree
- Mcalpine Ridge
- Timber Creek
- Piedmont at Ivy Meadow
- Mallard Creek Apartments
- Sharon Pointe
- Axiom
- Colonial Grand at Ayrsley
Mid-priced Listings on RENTCafé
- Alta Prosperity Village
- Horizons at Steele Creek
- Arrowood Crossing
- 2621 Amber Dr
- Hudson at Montford
- Elizabeth Square
- 4517 Springview Rd
- 501 Winston St
- 532 Ellingsworth Lane
- 708 Summit
- Alexander Village
- Park and Kingston
- The Gibson
- The Nook
- 617 Gentle Breeze Dr
- 8505 Lockerbie Lane
- Plaza 25
- Arden
- One305 Central
- Morehead West
Most Expensive Listings on RENTCafé
- 10920 Harringham Lane
- 8615 Laurel Run Drive
- The Residence at South Park
- 9715 Cayenne Drive
- 3117 Morning Mist Lane
- 11311 Sidney Crest Avenue Charlotte NC 28213
- 15409 Superior Street
- 15027 Alyssa Faith Ct
- 1308 Kersey Glen Ln
- 1922 Dundalk Dr
- 9903 Jeanette Circle
- 6020 Ryder Avenue
- 10309 Old Carolina Drive Charlotte, NC 28214
- 9433 Greenbank Court Charlotte, NC 28214
- 13211 Ashley Meadow Drive
- 6106 Swanston Drive
- 511 Queens
- 10007 Back Acre Drive
- 6909 Weirton Place
- 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.