Charlotte, NC Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,652, a 1.02% decrease compared to the previous year, when the average rent was $1,669.
Studio Apartments at $1,326 offer the most budget-friendly option with 539 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 743 square feet for $1,464, balancing privacy and affordability.
Two-beedroom units at $1,749 offer 1,086 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,395 sq ft) for $2,085, suitable for larger households.
Average rent in Charlotte, NC
Last updated: February 20, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,652 | 948 sq. ft. |
| Studio | $1,326 | 539 sq. ft. |
| 1 Bed | $1,464 | 743 sq. ft. |
| 2 Beds | $1,749 | 1,086 sq. ft. |
| 3 Beds | $2,085 | 1,395 sq. ft. |
Charlotte, NC rent trends
What's the typical rent budget in Charlotte, NC?
The largest share of rentals in Charlotte, NC (45%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Charlotte, NC?
175,055 or 48% of the households in Charlotte, NC are renter-occupied while 186,045 or 52% are owner-occupied.
Most affordable neighborhoods in Charlotte?
Plaza - Shamrock $989/month
Cotswold $1,046/month
Enderly Park $1,137/month
All of these neighborhoods fall below the city wide average of $1,652/month.Most expensive neighborhoods in Charlotte?
Barclay Downs $2,143/month
Foxcroft $2,171/month
Brookhill $2,453/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,453 |
| Foxcroft | $2,171 |
| Barclay Downs | $2,143 |
| Stone Creek Ranch | $2,136 |
| Dilworth | $2,133 |
| Smallwood | $2,098 |
| Uptown Charlotte | $2,035 |
| Wilmore | $2,034 |
| Olde Providence South | $2,015 |
| Commonwealth | $1,968 |
| Providence Park | $1,960 |
| Sedgefield | $1,958 |
| Provincetowne | $1,947 |
| College Downs | $1,946 |
| Ballantyne | $1,938 |
| Back Creek Church Road | $1,913 |
| Myers Park | $1,905 |
| Southside Park | $1,903 |
| The South End | $1,900 |
| Coulwood | $1,864 |
| York Road | $1,848 |
| Mountain Island | $1,841 |
| The Palisades | $1,831 |
| Harris - Houston | $1,815 |
| University City South | $1,804 |
| Elizabeth | $1,771 |
| Optimist Park | $1,761 |
| Robinson Church Road | $1,754 |
| Beverly Woods | $1,731 |
| North Charlotte | $1,717 |
| Berewick | $1,711 |
| Ashley Park | $1,701 |
| Highland Creek | $1,701 |
| Nevin Community | $1,689 |
| Dixie - Berryhill | $1,681 |
| Villa Heights | $1,649 |
| Freedom Park | $1,642 |
| Oxford Hunt | $1,639 |
| Sugaw Creek - Ritch Avenue | $1,629 |
| Newell | $1,629 |
| Whiteoak | $1,629 |
| Lockwood | $1,614 |
| University City North | $1,609 |
| Brown Road | $1,598 |
| McAlpine | $1,598 |
| Tryon Hills | $1,595 |
| Plaza Midwood | $1,589 |
| Wendover - Sedgewood | $1,589 |
| Arbor Hills | $1,583 |
| Olde Whitehall | $1,574 |
| Withrow Downs | $1,571 |
| Hampshire Hills | $1,570 |
| Griers Fork | $1,565 |
| Wesley Heights | $1,563 |
| Montclaire - Madison Park | $1,561 |
| Prosperity Church Road | $1,559 |
| Mill Creek | $1,541 |
| Seversville | $1,540 |
| Sharon Woods | $1,537 |
| Eagle Lake | $1,534 |
| Sardis | $1,533 |
| Northlake | $1,524 |
| Mineral Springs - Rumble Road | $1,520 |
| Rain Tree | $1,489 |
| Touchstone Village - Elm Lane | $1,471 |
| Steele Creek | $1,458 |
| Collingwood | $1,454 |
| Montclaire South | $1,449 |
| Yorkshire | $1,442 |
| Rockwell Park - Hemphill Heights | $1,442 |
| Lansdowne | $1,435 |
| Yorkmount | $1,430 |
| Clanton Park - Roseland | $1,426 |
| Wessex Square | $1,398 |
| Steelecroft Place | $1,382 |
| Park Crossing | $1,362 |
| Country Club Heights | $1,342 |
| Stonehaven | $1,340 |
| East Forest | $1,328 |
| Idlewild | $1,317 |
| Hidden Valley | $1,317 |
| Briarcreek - Woodland | $1,315 |
| Carmel | $1,314 |
| Starmount | $1,313 |
| Farm Pond | $1,302 |
| North Sharon Amity - Reddman Road | $1,293 |
| Windsor Park | $1,286 |
| Eastway - Sheffield Park | $1,278 |
| Toddville Road | $1,277 |
| Seven Eagles | $1,276 |
| Eastland - Wilora Lake | $1,275 |
| West Bolevard | $1,261 |
| Hickory Ridge | $1,253 |
| Oakhurst | $1,240 |
| Sharonbrook | $1,240 |
| Shannon Park | $1,239 |
| Oak Forest | $1,224 |
| Thomasboro - Hoskins | $1,170 |
| Enderly Park | $1,137 |
| Cotswold | $1,046 |
| Plaza - Shamrock | $989 |
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Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 7% lower than in Ashley Park
$1,583
Arbor Hills rent is 4% lower than Charlotte average
Average Rent
$1,583
$1,701
Ashley Park rent is 3% higher than Charlotte average
Average Rent
$1,701
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,652 |
| Raleigh | $1,574 |
| Winston - Salem | $1,280 |
| Greensboro | $1,322 |
| Durham | $1,541 |
| Fayetteville | $1,279 |
| Concord | $1,525 |
| Clayton | $1,590 |
| Wilmington | $1,613 |
| High Point | $1,243 |
| Mooresville | $1,617 |
| Gastonia | $1,359 |
| Monroe | $1,463 |
| Huntersville | $1,722 |
| Kannapolis, NC | $1,546 |
| Fort Mill, SC | $1,679 |
| Rock Hill, SC | $1,460 |
| Indian Trail, NC | $1,707 |
| Cornelius, NC | $1,627 |
| Denver, NC | $1,584 |
| Belmont, NC | $1,597 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Charlotte apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.