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Rental market trends in Charlotte, NC

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Average Rent in Charlotte, NC

Avg. RentAnnual Change
Studio - $1,622+5%
1 Bed - $1,555+11%
2 Beds - $1,871+13%
Last updated 3/28/2023

Average Apartment Cost in Charlotte, NC

The average rent for apartments in Charlotte, NC, is between $1,555 and $1,871 in 2023. For a studio apartment in Charlotte, NC, the average rent is $1,622. When it comes to 1-bedroom apartments, the average rent in Charlotte, NC, is $1,555. For a 2-bedroom apartment, the average rent is $1,871.

Apartment Rent Ranges in Charlotte, NC

$501-$700
$701-$1,000
$1,001-$1,500
$1,501-$2,100
$2,101+
Apartment Prices
Proportion
0%1%13%39%46%

Neighborhood Apartment Rent Trends in Charlotte, NC

NeighborhoodStudio Avg RentAnnual Change
SouthPark$2,110+62%
Montclaire South$2,040+6%
Southwest Charlotte$1,980+3%
Yorkmount$1,980+2%
Hidden Valley$1,812--
First Ward$1,708--
Dilworth$1,704+9%
Center City$1,642+10%
Uptown$1,636+1%
Southeast Charlotte$1,617-33%

How Other Cities Compare to Charlotte, NC

CityStudio Avg RentAnnual Change
Mooresville$1,539+44%
Rock Hill$1,500+22%
Huntersville$1,493+14%
Salisbury$1,251+5%
Monroe$1,197-18%
Kannapolis$1,178-12%
Concord$1,174-12%
Hickory$950--
Gaffney$799+13%

Charlotte, NC Rent Trends

Neighborhood Information for Charlotte, NC

What are the most affordable neighborhoods in Charlotte, NC?

The most affordable neighborhoods in Charlotte are Windsor Park, where the average 1-bedroom apartment rent goes for $770, Plaza Midwood, where renters pay $895 on average for a 1-bedroom apartment, and Cotswold, where the average 1-bedroom apartment rent goes for $985. If you're looking for other great deals, check out the listings in Oakhurst ($1,025 for a 1-bedroom apartment) or Elizabeth ($1,050 for a 1-bedroom apartment), compared to the $1,555 average for a Charlotte 1-bedroom apartment.