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Cheap Apartments for Rent in Charlotte, NC - 610 Rentals available

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Renting a Cheap Apartment in Charlotte

Looking for a few good reasons to rent in Charlotte? North Carolina’s largest city, Charlotte is known as “The Queen City” and you can expect to be treated like royalty by friendly Charlotteans if you visit or relocate here. Considered one of the most livable cities in the U.S., Charlotte is a major hub for U.S. banks (only New York has more), the Queen Bee is Bank of America, which is headquartered in Charlotte. Other significant companies and a dozen colleges bring many young professionals and students to Charlotte. Located 200 miles from the coast and near the foothills of the Appalachians, outdoor recreation is popular in Charlotte, and golf is a local favorite.

Charlotte, NC Demographics

  • Total Population826,060
  • Female 395,854
    Male 430,206
  • Median Age33.9

Average Rent in Charlotte, NC

  • Charlotte, NC Average Rental Price, December 2019 $1,234 /mo

Charlotte, NC Apartment Rent Ranges

  • $501-$7002%
  • $701-$1,00028%
  • $1,001-$1,50054%
  • $1,501-$2,00012%
  • > $2,0005%

Charlotte, NC Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
Charlotte, NC $1,113 $1,105 $1,137 $1,145 $1,146 $1,186 $1,183 $1,191 $1,242 $1,246 $1,234
National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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Average rent is projected to grow by 5% in 2019 compared to 2018.

Please note that projected rent growth is calculated at city level.

Check out the average rent prices in Charlotte by neighborhood.

Charlotte, NC Households

  • Total Number of Households316,481
  • Family 188,680
    Non-family 127,801
  • Children 101,829
    No Children 214,652
  • Average People Per Household2.57
  • Median Household Income$58,202
  • Median Housing Costs Per Month$1,098

Charlotte, NC Education Statistics

  • No High School5%
  • Some High School25%
  • Some College24%
  • Associate Degree7%
  • Bachelor Degree26%
  • Graduate Degree13%

Looking for a cheap apartment for rent in Charlotte, NC? With RENTCafé, finding an affordable apartment in Charlotte, NC has never been easier. We feature 607 low-priced rentals directly from property managers, with rents lower than the Charlotte, NC average. What is a cheap rent in Charlotte, NC? The average apartment rent in Charlotte is $1,234 per month so any rental south of $987 would be considered cheap here. On RENTCafé, Charlotte, NC rents go as low as $645/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!