Commonwealth

Charlotte, NC

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Commonwealth - Charlotte, NC Area Guide

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See what you and your new neighbors have in common in this trendy neighborhood

Trendy Nightlife Dining Great Location Family-Friendly

Located about three miles southeast of Uptown Charlotte and the Four Wards, Commonwealth is one of the Queen City’s best neighborhoods. Commonwealth offers affordable to upscale rentals in a variety of styles, from quaint single-family homes to luxury apartments. The neighborhood balances the beauty of suburban and urban living with lush, tree-lined streets, access to great schools, plentiful amenities, and convenience to the heart of the city. Filled with diverse eateries, trendy gastropubs, live music venues, and breweries, Commonwealth has a vibrant nightlife scene. There are also several spas, yoga studios, salons, offices, and retail shops in the neighborhood. Veteran Memorial Park in the center of the community provides a breath of fresh air with a splash pad, playground, and sports facilities. And if you want even more options for shopping, dining, and entertainment, Commonwealth is only 10 minutes away from Uptown Charlotte and the historic Four Wards. Great for urbanites, foodies, professionals, families, and everything in between, Commonwealth is the ideal place to find your next rental.

Rent Trends

As of May 2026, the average apartment rent in Commonwealth is $1,662 for a studio, $1,951 for one bedroom, $2,723 for two bedrooms, and $3,727 for three bedrooms. Apartment rent in Commonwealth has decreased by -0.9% in the past year.

  • Studio

  • 650 sq ft

    Average Sq Ft

  • $1,662/month

    Average Rent

  • 1 BR

  • 748 sq ft

    Average Sq Ft

  • $1,951/month

    Average Rent

  • 2 BR

  • 1,228 sq ft

    Average Sq Ft

  • $2,723/month

    Average Rent

  • 3 BR

  • 1,597 sq ft

    Average Sq Ft

  • $3,727/month

    Average Rent

Getting Around

Moderately Walkable

Walkability

70 / 100

Some Public Transit

Transit

40 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Daily Essentials

Supermarket Within a 15 Minute Walk

Groceries

60 / 100

Good Restaurant Variety Nearby

Restaurants

60 / 100

Fair Café Variety Nearby

Cafes

50 / 100

Fair Variety of Shops Nearby

Shopping

40 / 100

Recreation

Large Amount of Park Space Nearby

Parks

70 / 100

Fair Wellness Amenity Variety Nearby

Wellness

40 / 100

Local Vibe

Vibrant Atmosphere at Times

Vibrancy

40 / 100

Fair Nightlife Variety Nearby

Nightlife

50 / 100

Fairly Noisy

Quiet Score

70 / 100

Reviews of Commonwealth - Charlotte, NC

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3.5 4 Reviews

Niche User

11 years and 9 months agoNiche Review

The houses are kind of close to each other, but doesn't seem to be a problem. Only thing that is a problem I would say is once I found a man sitting on my porch like he lived here, but I spoke to him and asked him to keep it moving and one of the owner from the business next to my home came out to check the situation. Other than that no problem.

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Points of Interest

Parks and Recreation

  • Discovery Place
  • Evergreen Nature Preserve
  • Charlotte Nature Museum
  • Wing Haven Gardens & Bird Sanctuary
  • Briar Creek Greenway

Airports

  • Charlotte/Douglas International
  • Concord-Padgett Regional

Top Apartments in Commonwealth

Houses for Rent in Commonwealth

Property Management Companies

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Methodology

† 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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.