How much does it cost to rent at The Kensington Apartments?

Rent at The Kensington Apartments in Charlotte, NC ranges from $1,864 to $2,547 per month as of August 15, 2026.

What is the average 2 bed rent at The Kensington Apartments?

The average 2 bed apartment at The Kensington Apartments costs $1,878/month, starting from $1,864.

What is the average 3 bed rent at The Kensington Apartments?

The average 3 bed apartment at The Kensington Apartments costs $2,283/month, starting from $2,101.

What is the average 4 bed rent at The Kensington Apartments?

The average 4 bed apartment at The Kensington Apartments costs $2,420/month, starting from $2,211.

Is The Kensington Apartments a good apartment complex?

The Kensington Apartments has a 4-star rating on Google based on 105 reviews.

Updated August 15, 2026 at 7:26 p.m. ET

The Kensington Apartments

Name: The Kensington Apartments
Address: 425 W 5th St, Charlotte, NC, 28202, US
Telephone: (980) 360-1976
Rating: 4

425 W 5th St, Charlotte, NC 28202, USA

4 (105 reviews) Official Website (980) 360-1976

Live pricing, refreshed August 15, 2026 at 7:26 p.m. ET

Units Listed

$1,864

Starting at

$2,279

Average

$2,547

Highest

$1.79

Per Sq Ft

How does this compare? View Charlotte center city rent trends

Beds

Pricing by Bedroom

2 Bed

$1,878

from $1,864 · 3 units

~860 sqft avg

3 Bed

$2,283

from $2,101 · 19 units

~1,309 sqft avg

4 Bed

$2,420

from $2,211 · 8 units

~1,340 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (22)

Largest 8 movers of 22

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: stated by the property itself
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$262K

$3.1M annual run rate

Est. Occupancy

79%

of about 145 units (reported building size)

Effective Rent on New Leases

$2,310

vs $2,279 current asking

Recent Lease Activity

32 units tracked; 2 assumed leased, 30 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Very high availability

4 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Charlotte center city

Neighborhood

MAA Uptown

$1,090 Gateway West Apartments

$1,235 Ascent Uptown Apartments and Penthouses

$1,329 The Ellis

$1,341 The Francis Apartments

$1,360 Alister Uptown

$1,400 Circa Uptown Apartments

$1,474 Bell Uptown Charlotte

$1,524 500 West Trade

$1,620 Hanover Dilworth

$1,642

The Kensington Apartments

$1,864

Comparing 11 apartments in Charlotte center city. Click any bar to view that building.

See Charlotte center city rent trends on the Charlotte, NC map Explore Charlotte, NC on the interactive map

Available Units

Sort

30 units

2 Bed / 1 Bath B1

$1,864/mo

860 ft² · $2.17/ft² · #107

Down $12 since Aug 15 (was $1,875)

2 Bed / 1 Bath B1

$1,885/mo

860 ft² · $2.19/ft² · #217

2 Bed / 1 Bath B1

$1,885/mo

860 ft² · $2.19/ft² · #219

Down $12 since Aug 15 (was $1,896)

3 Bed / 2 Bath C2

$2,101/mo

1,340 ft² · $1.57/ft² · #310

Down $45 since Aug 15 (was $2,146)

3 Bed / 2 Bath C2

$2,101/mo

1,340 ft² · $1.57/ft² · #311

Down $21 since Aug 15 (was $2,122)

3 Bed / 2 Bath C2

$2,101/mo

1,340 ft² · $1.57/ft² · #313

Down $21 since Aug 15 (was $2,122)

3 Bed / 2 Bath C1

$2,106/mo

1,050 ft² · $2.01/ft² · #307

Down $23 since Aug 15 (was $2,129)

3 Bed / 2 Bath C2

$2,181/mo

1,340 ft² · $1.63/ft² · #210

Down $21 since Aug 15 (was $2,202)

3 Bed / 2 Bath C1

$2,209/mo

1,050 ft² · $2.10/ft² · #417

Up $38 since Aug 15 (was $2,171)

4 Bed / 2 Bath D1

$2,211/mo

1,340 ft² · $1.65/ft² · #104

Down $41 since Aug 15 (was $2,252)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Details
107	B1	2bd / 1ba	860	$1,864	$2.17	2026-08-16	Down $12 since Aug 15
217	B1	2bd / 1ba	860	$1,885	$2.19	2026-08-31
219	B1	2bd / 1ba	860	$1,885	$2.19	2026-08-16	Down $12 since Aug 15
310	C2	3bd / 2ba	1,340	$2,101	$1.57	2026-08-15	Down $45 since Aug 15
311	C2	3bd / 2ba	1,340	$2,101	$1.57	2026-08-15	Down $21 since Aug 15
313	C2	3bd / 2ba	1,340	$2,101	$1.57	2026-08-15	Down $21 since Aug 15
307	C1	3bd / 2ba	1,050	$2,106	$2.01	2026-10-03	Down $23 since Aug 15
210	C2	3bd / 2ba	1,340	$2,181	$1.63	2026-08-15	Down $21 since Aug 15
417	C1	3bd / 2ba	1,050	$2,209	$2.10	2026-10-03	Up $38 since Aug 15
104	D1	4bd / 2ba	1,340	$2,211	$1.65	2026-08-15	Down $41 since Aug 15
410	C2	3bd / 2ba	1,340	$2,221	$1.66	2026-08-15	Down $21 since Aug 15
411	C2	3bd / 2ba	1,340	$2,221	$1.66	2026-08-15	Down $21 since Aug 15
412	C2	3bd / 2ba	1,340	$2,221	$1.66	2026-08-15	Down $21 since Aug 15
413	C2	3bd / 2ba	1,340	$2,221	$1.66	2026-08-15	Down $21 since Aug 15
419	C2	3bd / 2ba	1,340	$2,280	$1.70	2026-08-15	Down $41 since Aug 15
209	C2	3bd / 2ba	1,340	$2,369	$1.77	2026-10-03	Down $23 since Aug 15
214	C2	3bd / 2ba	1,340	$2,369	$1.77	2026-10-03	Down $23 since Aug 15
319	C2	3bd / 2ba	1,340	$2,378	$1.77	2026-08-15
323	D1	4bd / 2ba	1,340	$2,378	$1.77	2026-10-11
409	C2	3bd / 2ba	1,340	$2,411	$1.80	2026-08-31	Down $23 since Aug 15
403	D1	4bd / 2ba	1,340	$2,420	$1.81	2026-09-07	Down $16 since Aug 15
404	D1	4bd / 2ba	1,340	$2,420	$1.81	2026-10-11
423	D1	4bd / 2ba	1,340	$2,420	$1.81	2026-09-18
609	C2	3bd / 2ba	1,340	$2,421	$1.81	2026-08-15	Down $55 since Aug 15
612	C2	3bd / 2ba	1,340	$2,453	$1.83	2026-08-15	Down $23 since Aug 15
502	D1	4bd / 2ba	1,340	$2,473	$1.85	2026-08-15
708	C2	3bd / 2ba	1,340	$2,474	$1.85	2026-09-05	Down $23 since Aug 15
823	D1	4bd / 2ba	1,340	$2,504	$1.87	2026-08-15
704	D1	4bd / 2ba	1,340	$2,536	$1.89	2026-08-15
810	C2	3bd / 2ba	1,340	$2,547	$1.90	2026-09-29	Down $23 since Aug 15

Fees, Parking & True Monthly Cost

Monthly Fees

$109/mo

Added to base rent automatically

True Monthly Cost

$1,972

Starting price + fees

Train activity

Severe nighttime trains

Freight line 879 ft away · 22 trains/day

10 daytime, 12 overnight
Crossing 879 ft away. Horns expected day and night.
Operator: NS

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Charlotte, NC notes

No resident notes for this property yet.