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Rental Market Trends in Charlotte, NC

What is the average rent in Charlotte, NC?

$1,480/month

Average Rent

750 Sq Ft

Average Apartment Size

-1.6%

Decrease in the Last Year

Charlotte, NC Rental Market Overview

The average rent in Charlotte, NC is $1,480 per month. For comparison, the national average rent price in the US is currently $1,645/month, which means Charlotte rent prices are 10% lower than the national average.

  • Studio apartments in Charlotte average $1,393 per month.
  • One-bedroom apartments in Charlotte average $1,480 per month.
  • Two-bedroom apartments in Charlotte average $1,788 per month.
  • Three-bedroom apartments in Charlotte average $2,193 or more per month.

Data Updated: June 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,393/month
568 Sq Ft
One Bedroom
$1,480/month
750 Sq Ft
Two Bedroom
$1,788/month
1,091 Sq Ft
Three Bedroom
$2,193/month
1,403 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,005/month
1,147 Sq Ft
Two Bedroom
$1,726/month
816 Sq Ft
Three Bedroom
$2,128/month
1,487 Sq Ft
Four Bedroom
$2,584/month
2,177 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,487/month
639 Sq Ft
Two Bedroom
$1,830/month
929 Sq Ft
Three Bedroom
$2,173/month
1,290 Sq Ft
Four Bedroom
$2,658/month
1,767 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$960/month
1,558 Sq Ft
Two Bedroom
$1,933/month
1,127 Sq Ft
Three Bedroom
$2,447/month
1,562 Sq Ft
Four Bedroom
$2,792/month
1,837 Sq Ft

How much has average rent changed in Charlotte, NC?

In the past year, rent has decreased by 1.6%, which averages out to $23 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Charlotte, NC
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Charlotte, NC
Percentage*
Rent Range
1% Below $700/month
4% $700 - $1,000/month
38% $1,001 - $1,500/month
40% $1,501 - $2,000/month
17% 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
$959/month
806 Sq Ft
Becton Park
$991/month
652 Sq Ft
Hickory Ridge
$1,008/month
686 Sq Ft
Rockwell Park-Hemphill Heights
$1,066/month
1,050 Sq Ft
Toddville Road
$1,068/month
735 Sq Ft
Sterling
$1,070/month
856 Sq Ft
Farm Pond
$1,079/month
691 Sq Ft
Shannon Park
$1,084/month
667 Sq Ft
Shamrock
$1,088/month
685 Sq Ft
Idlewild Farms
$1,093/month
657 Sq Ft

What are the most expensive neighborhoods in Charlotte?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sardis Forest
$2,604/month
976 Sq Ft
Wilmore
$2,568/month
830 Sq Ft
Brookhill
$2,521/month
799 Sq Ft
South End
$2,268/month
790 Sq Ft
Freedom Park
$2,209/month
809 Sq Ft
The South End
$2,193/month
803 Sq Ft
Dilworth
$2,171/month
781 Sq Ft
Olde Providence South
$2,064/month
885 Sq Ft
Myers Park
$2,063/month
798 Sq Ft
Third Ward
$2,038/month
792 Sq Ft

Which Charlotte neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Charlotte
$1,564/month
774 Sq Ft
University
$1,465/month
764 Sq Ft
West Charlotte
$1,517/month
776 Sq Ft
South End
$2,268/month
790 Sq Ft
The South End
$2,193/month
803 Sq Ft
NoDa
$1,641/month
732 Sq Ft
Dilworth
$2,171/month
781 Sq Ft
Mallard Creek-Withrow Downs
$1,569/month
793 Sq Ft
Ballantyne
$1,715/month
797 Sq Ft
South Park
$1,729/month
758 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 $1,480, you’ll want to make about $4,933 per month or $59,196 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 0.4% higher than the national average. Generally, housing in Charlotte is 0.8% less expensive than the national average, with rent falling between $1,393 - $2,193. You can expect to pay 2.2% more for groceries, 6.5% less for utilities, and 0.6% less for transportation.

City

Charlotte, NC

25,722 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

Sardis Forest

Charlotte, NC

Studio
-
-
One Bedroom
$915/month
-
Two Bedroom
$1,193/month
-
Three Bedroom
-
-
Search
Search

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Matthews

    Matthews

  • Pineville

    Pineville

  • Mint Hill

    Mint Hill

  • Belmont

    Belmont

  • Mount Holly

    Mount Holly

  • Huntersville

    Huntersville

Apartment Communities in Charlotte We Think You'll Love

The Artisan

The Artisan

510 W Tremont Ave,
Charlotte, NC 28203

Studio - 3 Beds | $2,250 - $8,585

The Marley

The Marley

1100 Falls Creek Ln,
Charlotte, NC 28209

Studio - 2 Beds | $926 - $1,510

Archer Eastfield Station

Archer Eastfield Station

6615 Cerris Dr,
Charlotte, NC 28269

1-3 Beds | $1,497 - $2,554

Elan LoSo

Elan LoSo

4612 Gilead St,
Charlotte, NC 28217

Studio - 2 Beds | $1,434 - $2,684

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Frequently Asked Questions

What is the average rent in Charlotte?

The average rent in Charlotte is $1,480 per month, which is 10.0% lower than the national average of $1,645.

What is the average rent for a house in Charlotte?

The average rent for a house in Charlotte, NC is $2,128 per month.

What is the average rent for a townhome in Charlotte?

The average rent for a townhome in Charlotte, NC is $1,933 per month.

What is the average rent for a condo in Charlotte?

The average rent for a condo in Charlotte, NC is $1,487 per month.

Are rents going up or down in Charlotte?

Rents in Charlotte, NC are decreasing, with prices down 1.6% year-over-year and $23 less per month.

What rent range is most common in Charlotte?

In Charlotte, NC, 40% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 June 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity