Charlotte, NC Rent Trends

Rank #54, last updated November 1

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Charlotte?

The average rent of a studio apartment in Charlotte, NC is $1,084. The average rent of a 1-bedroom in Charlotte, NC is $1,173. The average rent of a 2-bedroom in Charlotte, NC is $1,500. The average rent of a 3-bedroom in Charlotte, NC is $2,000.

Studio

$1,084


1 bed

$1,173


2 beds

$1,500


3+ beds

$2,000

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Charlotte

Apartment Rent Ranges in Charlotte

The monthly rent for apartments in Charlotte, NC ranges from $500 to $2,900+.

$500 - $1,100

$1,100 - $1,700

$1,700 - $2,300

$2,300 - $2,900

$2,900+

What is the average apartment size in Charlotte?

The average size of a Charlotte, NC apartment is 1299 square feet, while the median apartment size for Charlotte, NC is 1171 square feet. However, square footage varies based on unit type. Most rentals in Charlotte, NC (42.05%) are 3+ bedroom apartments, while the fewest (7.95%) are studio apartments. Meanwhile, 2 bedroom apartments account for 32.65%, and 1 bedroom apartments make up 17.35%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Charlotte?

Studio1 bed2 beds3+ beds
Ballantyne West**$1,804$2,290
Belmont**$1,945$2,395
College Downs**$1,325$1,600
Eagle Lake$895**$2,175
East Forest**$1,450$1,898
Elizabeth*$1,285$1,695*
Enderly Park*$971$1,146*
First Ward$1,399$1,498$1,750*
Fourth Ward*$1,600$1,950*
Hidden Valley*$990$1,238$1,645
Mineral Springs / Rumble Road$999*$1,595$1,995
Montclaire South$973$964$1,480*
Nevin Community*$1,019*$1,945
North Sharon Amity / Reddman Road*$950$1,339$2,195
Oak Forest*$1,160$1,267$1,609
Southside Park*$1,685$2,035*
Sugar Creek$1,099$1,224$1,632*
Thomasboro - Hoskins**$1,250$1,699
University City South$959$1,099**
Yorkshire*$1,300$1,563$1,975

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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