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Average Rent in Charlotte, NC & Rent Trends

Rent prices and market trends across 40 apartment communities in Charlotte, NC. Updated daily.

Market Average

$2,274/mo

▼ 16.6% from last month

Lowest Available

$1,154/mo

cheapest unit on market

Communities

40

tracked daily

Units Listed

657

available now

Price Cuts This Week in Charlotte, NC

116 listed units across 19 buildings in Charlotte, NC dropped their asking rent in the past 7 days, an average cut of $85/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Avalon Hawk Unit 2 $3,400 $2,725 $675
Avalon Hawk Unit 5 $4,205 $3,595 $610
Avalon Hawk Unit 4 $3,835 $3,395 $440
Avalon Hawk Unit 3 $3,525 $3,110 $415
Midtown 205 Unit 10, B12 $2,223 $1,822 $401
The Reed Unit Studio + 1 Bath $2,509 $2,236 $273
The Penrose Unit 4, A1 $2,110 $1,841 $269
The Penrose Unit 6, A2 $2,137 $1,889 $248
See today's prices on all 657 listed units

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 $2,661 ▲  $10 $2,395 1 4
Country Club Heights $2,645 ▼  $104 $1,539 1 2
Freedom Park $2,426 ▼  $108 $1,504 3 45
Dilworth $2,373 ▼  $62 $1,359 23 459
Charlotte center city $2,236 ▲  $613 $1,185 4 23
Cherry $1,950 ▼  $21 $1,154 3 80
Provincetowne $1,771 ▼  $6 $1,462 1 6

Is Rent Going Up or Down in Charlotte, NC?

As of August 2026, the average rent in Charlotte, NC is $2,274 per month across 40 apartment communities and 657 available units. Rents have decreased $375 (16.6%) over the past month.

The most affordable option is Midtown 205 starting at $1,154/mo. By unit type, a studio averages $1,743/mo, a 1-bedroom averages $2,122/mo, a 2-bedroom averages $2,893/mo, a 3-bedroom averages $3,878/mo.

Prices range from $1,154 to $7,555 per month. The most common price point is the $1,800 range, where 107 units are currently listed.

Charlotte, NC Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
April 2026 $2,078 - 29
May 2026 $2,255 +$177 33
June 2026 $2,290 +$35 33
July 2026 $2,283 -$7 40
August 2026 $2,249 -$34 40

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.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Charlotte, NC

Studio
$1,743
from $1,154 · 159 units
1 Bed
$2,122
from $1,175 · 318 units
2 Bed
$2,893
from $1,539 · 158 units
3 Bed
$3,878
from $2,170 · 22 units

Rent Prices by Apartment in Charlotte, NC

Property Starting at Average Units Rating
Midtown 205 $1,154/mo $1,631/mo 18 4.1
MAA Uptown $1,190/mo $1,416/mo 14 4.5
Marquis Carmel Valley $1,303/mo $1,617/mo 10 4.5
Alta West Morehead $1,342/mo $1,669/mo 16 4.7
Selene at Southline $1,359/mo $2,003/mo 26 4.6
Solis Midtown $1,363/mo $2,079/mo 44 4.5
Marquis Carmel Commons $1,435/mo $1,825/mo 10 4.6

Frequently Asked Questions About Rent in Charlotte, NC

What is the average rent in Charlotte, NC?

The average rent in Charlotte, NC is $2,274 per month as of August 2026, based on 657 units across 40 apartment communities.

Is rent going up or down in Charlotte, NC?

Rent in Charlotte, NC has decreased $375 (16.6%) over the past month. The current average is $2,274/mo.

What is the cheapest apartment in Charlotte, NC?

The most affordable apartment in Charlotte, NC is Midtown 205 with units starting at $1,154/mo.

How much is a 1-bedroom apartment in Charlotte, NC?

A 1-bedroom apartment in Charlotte, NC averages $2,122/mo, with prices starting at $1,175/mo across 318 available units.

How many apartments are available in Charlotte, NC?

There are 657 units available across 40 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

$91,000/year

Based on the 30 percent rule, using our tracked average rent of $2,274/mo.

Comfortable income

$109,000/year

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

To afford the cheapest tracked apartment ($1,154/mo), you need to earn at least $46,000/year.

Median household income in Charlotte, NC is $78,438 , about 28% below 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) $2,274
Utilities $417
Groceries $522
Transportation $995
Healthcare $485
Other goods and services $776
Estimated total $5,470/mo

Population

886,283

Median household income

$78,438

Census median rent

$1,504/mo

Rent as % of income

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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