Charlotte, NC Rent Trends

Rank #52, last updated September 14

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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 $999. The average rent of a 1-bedroom in Charlotte, NC is $1,197. The average rent of a 2-bedroom in Charlotte, NC is $1,575. The average rent of a 3-bedroom in Charlotte, NC is $2,078.

Studio

$999


1 bed

$1,197


2 beds

$1,575


3+ beds

$2,078

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 $400 to $3,200+.

$400 - $1,100

$1,100 - $1,800

$1,800 - $2,500

$2,500 - $3,200

$3,200+

What is the average apartment size in Charlotte?

The average size of a Charlotte, NC apartment is 1290 square feet, while the median apartment size for Charlotte, NC is 1200 square feet. However, square footage varies based on unit type. Most rentals in Charlotte, NC (44%) are 3+ bedroom apartments, while the fewest (5.12%) are studio apartments. Meanwhile, 2 bedroom apartments account for 33.67%, and 1 bedroom apartments make up 17.21%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Charlotte?

Studio1 bed2 beds3+ beds
Ballantyne West*$1,235*$2,295
Belmont*$1,460$1,945*
College Downs**$1,495$1,863
Eagle Lake$939**$1,995
Elizabeth*$1,195$1,995*
First Ward*$1,501$1,950*
Fourth Ward*$1,384$1,850*
Hickory Grove**$1,372$1,845
Hidden Valley*$950$1,263$1,450
Mineral Springs / Rumble Road**$1,673$1,895
Montclaire South$993$1,149$1,827$2,195
North Sharon Amity / Reddman Road*$960$1,375$1,778
Oak Forest*$1,170$1,237*
Olde Whitehall**$1,745$1,998
Revolution Park*$985$1,323*
Southside Park*$1,755$2,045*
Sugar Creek$1,123**$2,200
Thomasboro - Hoskins**$1,300$1,795
University City South$959$1,110**
Yorkshire*$1,350$1,623$2,250

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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