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Average Rent in Charlotte, NC & Rent Trends

Rent prices and market trends across 32 apartment communities in Charlotte, NC. Updated daily.

Market Average

$1,488/mo

Lowest Available

$895/mo

cheapest unit on market

Communities

32

tracked daily

Units Listed

194

available now

Rent Watch: cuts and increases

Open Rent Watch →

0 cuts and 5 increases among 33 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Charlotte, NC

Compare average rent across Charlotte, NC neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Myers Park $2,685 ▼  $65 $2,275 1 2
Dilworth $2,301 ▲  $25 $1,234 14 281
Charlotte center city $2,280 ▼  $529 $895 10 186
Freedom Park $2,072 ▲  $688 $1,422 2 28
Provincetowne $1,836 ▲  $96 $1,426 1 24
Cherry $1,718 ▼  $83 $1,167 3 34
Country Club Heights $1,684 ▼  $196 $1,020 6 160

Is Rent Going Up or Down in Charlotte, NC?

As of October 2026, the average rent in Charlotte, NC is $1,488 per month across 32 apartment communities and 194 available units.

The most affordable option is Elevate at Tryon starting at $895/mo. By unit type, a studio averages $1,488/mo.

Prices range from $895 to $2,460 per month. The most common price point is the $1,400 range, where 85 units are currently listed.

Charlotte, NC Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
April 2026 $2,057 - 18
May 2026 $2,222 +$165 21
June 2026 $2,235 +$13 21
July 2026 $2,256 +$21 26
August 2026 $2,123 -$133 48
September 2026 $2,015 -$108 54
October 2026 $2,017 +$2 54

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Charlotte, NC

Studio
$1,488
from $895 · 194 units

Rent Prices by Apartment in Charlotte, NC

Property Starting at Average Units Rating
Elevate at Tryon $895/mo $932/mo 3 3.9
Link Apartments® NODA 36th $1,073/mo $1,151/mo 10 4.4
Gateway West Apartments $1,144/mo $1,265/mo 10 3.9
Alpha Mill Apartments $1,153/mo $1,158/mo 2 4.4
MAA Uptown $1,220/mo $1,220/mo 1 4.5
1010 Dilworth Apartments $1,246/mo $1,355/mo 9 4.1
Solis Midtown $1,299/mo $1,394/mo 16 4.5

Frequently Asked Questions About Rent in Charlotte, NC

What is the average rent in Charlotte, NC?

The average rent in Charlotte, NC is $1,488 per month as of October 2026, based on 194 units across 32 apartment communities.

Is rent going up or down in Charlotte, NC?

The current average rent in Charlotte, NC is $1,488/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Charlotte, NC?

The most affordable apartment in Charlotte, NC is Elevate at Tryon with units starting at $895/mo.

How many apartments are available in Charlotte, NC?

There are 194 units available across 32 apartment communities in Charlotte, NC.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$60,000/year

Based on the 30 percent rule, using our tracked average rent of $1,488/mo.

Comfortable income

$71,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($895/mo), you need to earn at least $36,000/year.

Median household income in Charlotte, NC is $78,438 , about 10% above the comfortable-living threshold.

Cost of living in Charlotte, NC

Overall prices in Charlotte, NC runs below the national average by about 3% (BEA Regional Price Parity index 97.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Charlotte, NC's regional price parities.

Category Monthly estimate
Rent (market average) $1,488
Utilities $417
Groceries $522
Transportation $995
Healthcare $485
Other goods and services $776
Estimated total $4,684/mo

Population

886,283

Median household income

$78,438

Census median rent

$1,504/mo

Census rent burden

29.5%

Median age

34.4

Mean commute

25 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Charlotte, NC Apartments

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