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Rental Market Trends in Charlotte, NC

What is the average rent in Charlotte, NC?

$1,474/month

Average Rent

750 Sq Ft

Average Apartment Size

-1.9%

Decrease in the Last Year

As of May 2026, the average rent in Charlotte, NC is $1,474 per month. For comparison, the national average rent price in the US is currently $1,642/month, which means Charlotte rent prices are 10% lower than the national average. When you rent an apartment in Charlotte, you can expect to pay about $1,397 per month for a studio, $1,474 for a one-bedroom apartment, and around $1,782 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,184 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,397/month
568 Sq Ft
One Bedroom
$1,474/month
750 Sq Ft
Two Bedroom
$1,782/month
1,091 Sq Ft
Three Bedroom
$2,184/month
1,402 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,076/month
1,216 Sq Ft
Two Bedroom
$1,750/month
831 Sq Ft
Three Bedroom
$2,077/month
1,476 Sq Ft
Four Bedroom
$2,564/month
2,110 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,514/month
635 Sq Ft
Two Bedroom
$1,914/month
944 Sq Ft
Three Bedroom
$2,233/month
1,205 Sq Ft
Four Bedroom
$2,621/month
1,564 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,089/month
1,327 Sq Ft
Two Bedroom
$2,008/month
1,158 Sq Ft
Three Bedroom
$2,459/month
1,557 Sq Ft
Four Bedroom
$3,090/month
1,917 Sq Ft

How much has average rent changed in Charlotte, NC?

In the past year, rent has decreased by 1.9%, which averages out to $28 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Charlotte, NC
Last Updated May 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Charlotte, NC
Percentage*
Rent Range
1% Below $700/month
4% $700 - $1,000/month
40% $1,001 - $1,500/month
39% $1,501 - $2,000/month
16% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Charlotte?

Based on current rent prices, Westchester, Becton Park and Hickory Ridge are the most affordable neighborhoods in Charlotte.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Westchester
$944/month
801 Sq Ft
Becton Park
$995/month
660 Sq Ft
Hickory Ridge
$1,029/month
695 Sq Ft
Toddville Road
$1,050/month
728 Sq Ft
Shannon Park
$1,073/month
611 Sq Ft
Farm Pond
$1,076/month
688 Sq Ft
Idlewild Farms
$1,090/month
665 Sq Ft
Oak Forest
$1,090/month
613 Sq Ft
Rockwell Park-Hemphill Heights
$1,092/month
1,006 Sq Ft
Quail Hollow
$1,099/month
780 Sq Ft

What are the most expensive neighborhoods in Charlotte?

Based on current rent prices, Wilmore, Brookhill and Freedom Park are the most expensive neighborhoods in Charlotte.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Wilmore
$2,333/month
790 Sq Ft
Brookhill
$2,288/month
769 Sq Ft
Freedom Park
$2,283/month
805 Sq Ft
Myers Park
$2,132/month
796 Sq Ft
The South End
$2,130/month
795 Sq Ft
Dilworth
$2,124/month
775 Sq Ft
Beverly Woods
$2,029/month
852 Sq Ft
Third Ward
$2,009/month
785 Sq Ft
Uptown Charlotte
$1,978/month
781 Sq Ft
South End
$1,951/month
771 Sq Ft

Which Charlotte neighborhoods have the most rentals available?

The neighborhoods in Charlotte with the most apartments available are West Charlotte, South End and South Charlotte .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Charlotte
$1,738/month
759 Sq Ft
South End
$1,951/month
771 Sq Ft
South Charlotte
$1,538/month
775 Sq Ft
University
$1,445/month
762 Sq Ft
Uptown Charlotte
$1,978/month
781 Sq Ft
South Park
$1,775/month
754 Sq Ft
The South End
$2,130/month
795 Sq Ft
NoDa
$1,651/month
734 Sq Ft
LoSo - Lower South End
$1,679/month
731 Sq Ft
Dilworth
$2,124/month
775 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Charlotte, NC?

Because the average rent in Charlotte is $1,474, you’ll want to make about $4,913 per month or $58,956 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Charlotte, NC is 1.4% higher than the national average. Generally, housing in Charlotte is 1.2% more expensive than the national average, with rent falling between $1,397 - $2,184. You can expect to pay 2.1% more for groceries, 6.3% less for utilities, and 0.7% more for transportation.

City

Charlotte, NC

26,154 Available Apartments for Rent

Search for Nearby Apartments

How does Charlotte, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Charlotte, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Charlotte, NC

Apartment Averages

Westchester

Charlotte, NC

Wilmore

Charlotte, NC

Studio
-
$1,472/month
One Bedroom
$915/month
$1,918/month
Two Bedroom
$1,200/month
$2,831/month
Three Bedroom
-
$4,505/month
Search
Search

Nearby City Rent Trends

  • Matthews Average Rent
  • Pineville Average Rent
  • Mint Hill Average Rent
  • Belmont Average Rent
  • Mount Holly Average Rent
  • Huntersville Average Rent

Apartment communities in Charlotte we think you'll love

The Marley

The Marley

1100 Falls Creek Ln,
Charlotte, NC 28209

$1,013 - $1,530

Studio - 2 Beds

Elan LoSo

Elan LoSo

4612 Gilead St,
Charlotte, NC 28217

$1,508 - $2,698 Total Monthly Price

Studio - 2 Beds

Archer Eastfield Station

Archer Eastfield Station

6615 Cerris Dr,
Charlotte, NC 28269

$1,428 - $2,479 Total Monthly Price

1-3 Beds

Latitude at Mallard Creek

Latitude at Mallard Creek

655 W Mallard Creek Church Rd,
Charlotte, NC 28262

$1,195 - $2,275

1-3 Beds

Property Management Companies in Charlotte, NC

Greystar
Greystar
  • 3,510

    Communities

  • 965,284

    Units

  • 893

    Cities

116 Communities in Charlotte
Alfred
Alfred
  • 79

    Communities

  • 22,618

    Units

  • 47

    Cities

25 Communities in Charlotte
MAA
MAA
  • 292

    Communities

  • 101,654

    Units

  • 116

    Cities

17 Communities in Charlotte
AM Realty, LLC
AM Realty, LLC
  • 37

    Communities

  • 1,761

    Units

  • 18

    Cities

13 Communities in Charlotte
S.L. Nusbaum
S.L. Nusbaum
  • 77

    Communities

  • 14,613

    Units

  • 32

    Cities

10 Communities in Charlotte
RangeWater
RangeWater
  • 226

    Communities

  • 55,488

    Units

  • 123

    Cities

9 Communities in Charlotte
Highmark Residential
Highmark Residential
  • 207

    Communities

  • 59,761

    Units

  • 113

    Cities

9 Communities in Charlotte
Vest Residential
Vest Residential
  • 60

    Communities

  • 13,924

    Units

  • 33

    Cities

9 Communities in Charlotte

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United States North Carolina Charlotte Rental Trends

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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity