Apartments Under $100
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Frequently Asked Questions
What are the cheapest apartments in Charlotte, NC?
Many factors can influence the price of a rental, including its size and location. Depending on where you want to rent and how much space you need, prices vary. The cheapest apartments are likely to be studios—smaller apartments—located further away from major interest points in the Charlotte, NC area.
How big is a cheap apartment in Charlotte, NC?
“Cheap” is a relative term which does not imply that the apartment is extremely small or low-quality. There are buildings and units specifically built for affordability purposes. As such, you can find cheap apartments in any size, ranging from studio apartments, 1-bedroom, 2-bedroom, to even 3-bedroom apartments. The average size of an apartment in Charlotte, NC is 941 sq. ft.
How much rent can I afford in Charlotte, NC?
The recommended percentage to be spent on rent is 30% of your monthly income. To figure out how much that means, you can use RENTCafé’s rent affordability calculator to find your range for rentals in Charlotte, NC.
How can I search for cheap apartments for rent in Charlotte, NC?
When searching for specific types of rental apartments in Charlotte, NC, go on RENTCafé’s search page and filter by price, size, or amenities. For cheap apartments, you can either type in a price range, or sort them automatically by selecting “cheap” under the “price category” from the “more” drop-down menu.
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 395,854Male 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
- > $2,0005%
Charlotte, NC Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Dec / 2019|
Average rent is projected to grow by 5% in 2019 compared to 2018.
Please note that projected rent growth is calculated at city level.
Charlotte, NC Households
- Total Number of Households316,481
Family 188,680Non-family 127,801
Children 101,829No 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.