Waterford Square Apartments
7601 Waterford Square Dr,
Charlotte, NC 28226
$1,048 - $2,590
1-3 Beds
The Carmel area, best known for its Quail Hollow Country Club, is located in South Charlotte, with Uptown just a short drive north. With tree-lined streets, large homes and affluent residents, the neighborhood is home to one of the two PGA golf courses in the Charlotte area. Quail Hollow hosts the Wells Fargo Championship each May, when Carmel comes alive with visitors from all over the country and the world.
As of December 2025, the average apartment rent in Carmel is $1,166 for one bedroom, $1,393 for two bedrooms, and $1,746 for three bedrooms. Apartment rent in Carmel has decreased by -10.7% in the past year.
1 BR
796 sq ft
Average Sq Ft
$1,166/month
Average Rent
2 BR
1,160 sq ft
Average Sq Ft
$1,393/month
Average Rent
3 BR
1,331 sq ft
Average Sq Ft
$1,746/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Niche User
9 years and 11 months ago•Niche Review
Many people seem content with the area and are friendly.
Niche User
9 years and 11 months ago•Niche Review
There haven't been many crimes around where I live.
Niche User
10 years and 4 months ago•Niche Review
Charlotte is a great mix of the South and the North.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.