Charlotte, NC Rental Market Trends
Last updated: May 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Charlotte is $1,659, a 1.42% decrease compared to the previous year, when the average rent was $1,683.
Studio Apartments at $1,312 offer the most budget-friendly option with 536 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 744 square feet for $1,464, balancing privacy and affordability.
Two-beedroom units at $1,760 offer 1,087 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,396 sq ft) for $2,082, suitable for larger households.
Average rent in Charlotte, NC
Last updated: May 20, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,659 | 948 sq. ft. |
| Studio | $1,312 | 536 sq. ft. |
| 1 Bed | $1,464 | 744 sq. ft. |
| 2 Beds | $1,760 | 1,087 sq. ft. |
| 3 Beds | $2,082 | 1,396 sq. ft. |
Charlotte, NC rent trends
What's the typical rent budget in Charlotte, NC?
The largest share of rentals in Charlotte, NC (43%) 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?
180,679 or 49% of the households in Charlotte, NC are renter-occupied while 188,109 or 51% are owner-occupied.
Most affordable neighborhoods in Charlotte?
Enderly Park $1,136/month
Thomasboro - Hoskins $1,190/month
Oak Forest $1,236/month
All of these neighborhoods fall below the city wide average of $1,659/month.Most expensive neighborhoods in Charlotte?
Barclay Downs $2,190/month
Colonial Village $2,210/month
Brookhill $2,523/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Charlotte, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brookhill | $2,523 |
| Colonial Village | $2,210 |
| Barclay Downs | $2,190 |
| Stone Creek Ranch | $2,182 |
| Foxcroft | $2,150 |
| Smallwood | $2,106 |
| Dilworth | $2,093 |
| College Downs | $2,043 |
| Olde Providence South | $2,020 |
| Uptown Charlotte | $2,020 |
| Providence Park | $2,001 |
| The South End | $1,955 |
| Provincetowne | $1,935 |
| Sedgefield | $1,922 |
| Wilmore | $1,907 |
| Harris - Houston | $1,904 |
| Southside Park | $1,895 |
| Myers Park | $1,894 |
| University City South | $1,890 |
| Mountain Island | $1,880 |
| Coulwood | $1,864 |
| Ballantyne | $1,832 |
| Ashbrook - Clawson Village | $1,768 |
| McAlpine | $1,753 |
| Elizabeth | $1,742 |
| Nevin Community | $1,741 |
| Beverly Woods | $1,739 |
| North Charlotte | $1,736 |
| Ashley Park | $1,722 |
| Highland Creek | $1,719 |
| Optimist Park | $1,714 |
| Berewick | $1,711 |
| The Palisades | $1,706 |
| Tryon Hills | $1,699 |
| Wesley Heights | $1,692 |
| Sugaw Creek - Ritch Avenue | $1,665 |
| Villa Heights | $1,653 |
| Newell | $1,643 |
| Oxford Hunt | $1,640 |
| Whiteoak | $1,637 |
| Mill Creek | $1,632 |
| University City North | $1,621 |
| Plaza Midwood | $1,595 |
| Arbor Hills | $1,591 |
| Olde Whitehall | $1,591 |
| Rain Tree | $1,584 |
| Griers Fork | $1,559 |
| Montclaire - Madison Park | $1,558 |
| Withrow Downs | $1,554 |
| Eagle Lake | $1,551 |
| Wendover - Sedgewood | $1,549 |
| Northlake | $1,544 |
| Seversville | $1,520 |
| Hampshire Hills | $1,516 |
| Sardis | $1,504 |
| Wessex Square | $1,487 |
| Lansdowne | $1,486 |
| Steele Creek | $1,463 |
| Steelecroft Place | $1,443 |
| Yorkmount | $1,436 |
| Montclaire South | $1,432 |
| Rockwell Park - Hemphill Heights | $1,427 |
| Touchstone Village - Elm Lane | $1,425 |
| Collingwood | $1,419 |
| Yorkshire | $1,375 |
| Carmel | $1,373 |
| Park Crossing | $1,366 |
| Seven Eagles | $1,364 |
| Hidden Valley | $1,346 |
| Briarcreek - Woodland | $1,338 |
| East Forest | $1,325 |
| Eastway - Sheffield Park | $1,322 |
| Idlewild | $1,313 |
| Farm Pond | $1,311 |
| Shannon Park | $1,311 |
| Clanton Park - Roseland | $1,294 |
| Stonehaven | $1,284 |
| Starmount | $1,282 |
| Windsor Park | $1,262 |
| Eastland - Wilora Lake | $1,259 |
| Hickory Ridge | $1,237 |
| Oak Forest | $1,236 |
| Thomasboro - Hoskins | $1,190 |
| Enderly Park | $1,136 |
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Charlotte | Rent Comparison by Neighborhood
Rent in Arbor Hills is 10% lower than in Ashbrook - Clawson Village
$1,591
Arbor Hills rent is 4% lower than Charlotte average
Average Rent
$1,591
$1,768
Ashbrook - Clawson Village rent is 7% higher than Charlotte average
Average Rent
$1,768
How Charlotte Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,659 |
| Raleigh | $1,567 |
| Winston - Salem | $1,288 |
| Greensboro | $1,332 |
| Durham | $1,532 |
| Fayetteville | $1,298 |
| Concord | $1,520 |
| Clayton | $1,574 |
| Wilmington | $1,644 |
| High Point | $1,245 |
| Gastonia | $1,368 |
| Mooresville | $1,603 |
| Huntersville | $1,700 |
| Monroe | $1,518 |
| Kannapolis, NC | $1,562 |
| Fort Mill, SC | $1,702 |
| Rock Hill, SC | $1,463 |
| Indian Trail, NC | $1,708 |
| Cornelius, NC | $1,696 |
| Belmont, NC | $1,554 |
| Clover, SC | $1,649 |
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.