4 Bed / 2 Bath Unit 1
$1,861/mo
Available: Contact for availability
Up $19 since Oct 3 (was $1,842)
Updated
The Kensington Apartments
425 W 5th St, Charlotte, NC 28202, USA
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5
Units Listed
$1,861
Starting at
$2,008
Average
$2,333
Highest
How does this compare? View Charlotte center city rent trends
Beds
Pricing by Bedroom
1 Bed
$2,064
from $1,861 · 3 units
2 Bed
$1,987
from $1,987 · 1 units
4 Bed
$1,861
from $1,861 · 1 units
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Timeframe
Property Price Trend
History follows your bedroom selection. Current rent limits and move-in dates do not change past averages.
Units with Price Changes (18)
Largest 8 movers of 18
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
$318K
$3.8M annual run rate
Est. Occupancy
97%
of about 145 units (reported building size)
Effective Rent on New Leases
$2,272
vs $2,008 current asking
Recent Lease Activity
46 units tracked; 41 assumed leased, 5 listed nowSee which units leased, when they left the market, and the rent they leased at.
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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
5
Moderate availability
5 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
Limited leverage
The available listings show few signs of room to negotiate.
Price vs. Charlotte center city
Neighborhood Elevate at Tryon $895 MAA Uptown $1,190 Alpha Mill Apartments $1,197 Gateway West Apartments $1,242 The Ellis $1,291 Cedar Flats $1,350 Trella Uptown Apartments $1,379.78 The Francis Apartments $1,397 Presley Uptown $1,424.06 The Carson $1,450.75
The Kensington Apartments $1,861
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
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Available Units
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1 Bed / 2 Bath Unit 2
$1,861/mo
Available: Contact for availability
Up $19 since Oct 3 (was $1,842)
2 Bed / 3 Bath Unit 8
$1,987/mo
Available: Contact for availability
1 Bed / 3 Bath Unit 6
$1,999/mo
Available: Contact for availability
1 Bed / 4 Bath Unit 10
$2,333/mo
Available: Contact for availability
| Unit | Floor Plan | Details | |||||
|---|---|---|---|---|---|---|---|
| 1 | | 4bd / 2ba | -- | $1,861 | -- | -- | Up $19 since Oct 3 |
| 2 | | 1bd / 2ba | -- | $1,861 | -- | -- | Up $19 since Oct 3 |
| 8 | | 2bd / 3ba | -- | $1,987 | -- | -- | |
| 6 | | 1bd / 3ba | -- | $1,999 | -- | -- | |
| 10 | | 1bd / 4ba | -- | $2,333 | -- | -- | |
Unit Details
Chart
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
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.
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Charlotte center city Rent Trends
See how rent prices are changing in Charlotte center city and across Charlotte, NC.