8 Metro Station
5025 Wembley Central Ln,
Charlotte, NC 28213
$1,450 - $2,485
1-3 Beds
True to its name, College Downs rests directly south of the University of North Carolina-Charlotte. Along with its proximity to campus, College Downs attracts renters with its abundance of amenities. Along with housing its own restaurants, big-box stores, and other establishments, College Downs is surrounded by commercial hubs like the Commons at Chancellor Park and Shoppes at University Place. Reedy Creek Park and PNC Music Pavilion, a popular venue for festivals and concerts, are also convenient to the area. For even more shopping, dining, and entertainment options, Downtown Charlotte is just nine miles away. The neighborhood’s lower cost of living and affordability is another reason why the area is one of Charlotte’s most popular neighborhoods. Student apartments, condos, and houses are available for rent at various price points.
As of March 2026, the average apartment rent in College Downs is $1,407 for a studio, $1,210 for one bedroom, $1,517 for two bedrooms, and $1,854 for three bedrooms. Apartment rent in College Downs has decreased by -1.2% in the past year.
Studio
617 sq ft
Average Sq Ft
$1,407/month
Average Rent
1 BR
721 sq ft
Average Sq Ft
$1,210/month
Average Rent
2 BR
1,081 sq ft
Average Sq Ft
$1,517/month
Average Rent
3 BR
1,320 sq ft
Average Sq Ft
$1,854/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly College Downs - Charlotte, NC is for everyday living.
Somewhat Walkable
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.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
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.
Current Resident
7 years and 8 months ago•Niche Review
Lived here since 2010. A lot of student apartments have gone up along the 49 and traffic has increased since UNCC keeps growing. There are a few single family homes. The area is becoming in more demand with more students and the light rail. You can get to the city so easily now.
Niche User
10 years and 10 months ago•Niche Review
The housing is considered nice price wise
Niche User
11 years and 3 months ago•Niche Review
It's Charlotte, so there's a lot of opportunity
Niche User
11 years and 3 months ago•Niche Review
It has mostly gated communities around here.
3,495
Communities
959,706
Units
893
Cities
715
Communities
198,749
Units
340
Cities
627
Communities
174,773
Units
251
Cities
625
Communities
125,220
Units
245
Cities
559
Communities
125,432
Units
221
Cities
457
Communities
108,184
Units
229
Cities
† 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 February 2026.