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Rental Market Trends in Charlotte, NC

Updated August 2026

The average rent in Charlotte, NC is $1,478/month.

Rent in Charlotte is roughly equal to the national average rent of of $1,663/month.

$1,478/month

Average Rent

749 Sq Ft

Average Size

-0.7%

Change / Year

24,314

Available Apartments

Charlotte rent varies by unit size and layout:

  • Studio apartments in Charlotte average $1,400 per month.
  • One-bedroom apartments in Charlotte average $1,478 per month.
  • Two-bedroom apartments in Charlotte average $1,785 per month.
  • Three-bedroom apartments in Charlotte average $2,211 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,400/month
567 Sq Ft
One Bedroom
$1,478/month
749 Sq Ft
Two Bedroom
$1,785/month
1,090 Sq Ft
Three Bedroom
$2,211/month
1,410 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$987/month
1,092 Sq Ft
Two Bedroom
$1,668/month
755 Sq Ft
Three Bedroom
$2,141/month
1,517 Sq Ft
Four Bedroom
$2,694/month
2,268 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,464/month
620 Sq Ft
Two Bedroom
$1,777/month
908 Sq Ft
Three Bedroom
$2,693/month
1,317 Sq Ft
Four Bedroom
$2,010/month
1,160 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,071/month
1,357 Sq Ft
Two Bedroom
$1,908/month
1,054 Sq Ft
Three Bedroom
$2,414/month
1,548 Sq Ft
Four Bedroom
$2,905/month
1,796 Sq Ft
View Charlotte Apartments

How much has average rent changed in Charlotte, NC?

In the past year, rent has decreased by 0.7%, which averages out to $10 less per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Charlotte, NC

August 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
37% $1,501 - $2,000/month
18% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Charlotte?

Based on current rent prices, Rockwell Park-Hemphill Heights, Farm Pond and Idlewild Farms are the most affordable neighborhoods in Charlotte.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Rockwell Park-Hemphill Heights
$1,031/month
1,115 Sq Ft
Farm Pond
$1,045/month
647 Sq Ft
Idlewild Farms
$1,051/month
654 Sq Ft
Shannon Park
$1,066/month
663 Sq Ft
Toddville Road
$1,073/month
745 Sq Ft
Oak Forest
$1,076/month
658 Sq Ft
Cotswold
$1,078/month
720 Sq Ft
Sterling
$1,109/month
872 Sq Ft
North Sharon Amity
$1,114/month
698 Sq Ft
Hickory Grove
$1,131/month
637 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
$2,631/month
976 Sq Ft
Wilmore
$2,469/month
819 Sq Ft
Brookhill
$2,337/month
790 Sq Ft
Freedom Park
$2,215/month
814 Sq Ft
South End
$2,169/month
781 Sq Ft
The South End
$2,109/month
792 Sq Ft
Dilworth
$2,060/month
773 Sq Ft
Myers Park
$2,021/month
801 Sq Ft
Third Ward
$1,985/month
784 Sq Ft
Sedgefield
$1,969/month
772 Sq Ft

Which Charlotte neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Charlotte
$1,502/month
773 Sq Ft
University
$1,455/month
765 Sq Ft
South End
$2,169/month
781 Sq Ft
The South End
$2,109/month
792 Sq Ft
West Charlotte
$1,437/month
769 Sq Ft
NoDa
$1,615/month
727 Sq Ft
Dilworth
$2,060/month
773 Sq Ft
Mallard Creek-Withrow Downs
$1,564/month
790 Sq Ft
Ballantyne
$1,634/month
793 Sq Ft
Lockwood
$1,637/month
748 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 $1,478, you’ll want to make about $4,926 per month or $59,112 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 $1,400 - $2,211. You can expect to pay 2.2% more for groceries, 6.5% less for utilities, and 0.6% less for transportation.

City

Charlotte, NC

24,314 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.

View the Charlotte Area Guide

Apartment Averages

Rockwell Park-Hemphill Heights

Charlotte, NC

Sardis Forest

Charlotte, NC

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Matthews

    Matthews

    Avg Rent: $1,410/month

  • Pineville

    Pineville

    Avg Rent: $1,146/month

  • Mint Hill

    Mint Hill

    Avg Rent: $1,148/month

  • Belmont

    Belmont

    Avg Rent: $1,443/month

  • Mount Holly

    Mount Holly

    Avg Rent: $1,340/month

  • Huntersville

    Huntersville

    Avg Rent: $1,513/month

Apartment Communities in Charlotte We Think You'll Love

The Artisan

The Artisan

510 W Tremont Ave,
Charlotte, NC 28203

Studio - 3 Beds | $1,990 - $8,585

The Marley

The Marley

1100 Falls Creek Ln,
Charlotte, NC 28209

Studio - 2 Beds | $915 - $1,550

Archer Eastfield Station

Archer Eastfield Station

6615 Cerris Dr,
Charlotte, NC 28269

1-3 Beds | $1,584 - $2,504

Elan LoSo

Elan LoSo

4612 Gilead St,
Charlotte, NC 28217

Studio - 2 Beds | $1,484 - $2,644

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Frequently Asked Questions

What is the average rent in Charlotte?

The average rent in Charlotte is $1,478 per month, which is 11.1% lower than the national average of $1,663.

What is the average rent for a house in Charlotte?

The average rent for a house in Charlotte, NC is $2,141 per month.

What is the average rent for a townhome in Charlotte?

The average rent for a townhome in Charlotte, NC is $1,908 per month.

What is the average rent for a condo in Charlotte?

The average rent for a condo in Charlotte, NC is $1,464 per month.

Are rents going up or down in Charlotte?

Rents in Charlotte, NC are decreasing, with prices down 0.7% year-over-year and $10 less per month.

What rent range is most common in Charlotte?

In Charlotte, NC, 40% of apartments fall between $1,001 - $1,500/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