Average Rent in 28202, Charlotte, NC

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Current Versus Historical 28202, Charlotte, NC Rents

28202 rentals average $0 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,000, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $440 (43.56%) year-over-year from $1,010 to $1,450. 1-bedroom rentals prices have increased by $32 (1.97%) year-over-year from $1,608 to $1,640. 2-bedroom rentals prices have increased by $545 (26.52%) year-over-year from $2,055 to $2,600. 3-bedroom rentals prices have decreased by $1,048 (-25.92%) year-over-year from $4,043 to $2,995. 4-bedroom rentals prices have increased by $623 (18.74%) year-over-year from $3,327 to $3,950. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.25% this month. 1-bedroom rents have gone down by 1.38% this month. 2-bedroom rents have gone up by 16.44% this month. 3-bedroom rents have gone down by 3.28% this month. 4-bedroom rents have gone down by 0.42% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.36 $1,640 $1,608 (1.97%) $1,604 (2.28%)
2 BR $2.08 $2,600 $2,055 (26.52%) $1,629 (59.59%)
3 BR $1.78 $2,995 $4,043 (-25.92%) $4,378 (-31.58%)

Historical Rents in 28202, Charlotte, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 28202

There are a total of 4 cities nearby 28202. The average rent in 28202 is currently $1,895 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Concord, NC, with an average rent of $1,890, is the most affordable city nearby. In contrast, the most expensive city near 28202, Charlotte, NC is Charlotte, NC. Monthly rents here are on average $2,050 per month.

Let's compare 28202, Charlotte, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 32.73% more expensive. Two bedrooms in 28202, Charlotte, NC are about 46.88% more expensive. Finally, rent for three bedrooms are about 35.60% more expensive. Want more information? Check out the top 4 cities near 28202, Charlotte, NC in the following chart.
City Studio 1 Bed 2 Bed All
Kannapolis, NC N/A N/A $1,300 $1,890
Concord, NC N/A $935 $1,275 $1,890
Mooresville, NC N/A $1,272 $1,462 $1,900
Charlotte, NC $2,174 $1,551 $1,850 $2,050

Top Neighborhoods Near 28202



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 28202

Some of these counties include Catawba, NC, Gaston, NC, and York, SC. The average rent for rentals in these counties is $1,940. That's roughly around $1 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Catawba, NC. It's average rent per month is $1,550. Vice versa, with an average rent of $2,150, Union, NC is the most expensive county by 28202, Charlotte, NC.

In comparison, rent for one bedroom listings in 28202, Charlotte, NC is 34.45% more expensive than other counties nearby. Finally, rent for two bedrooms in 28202, Charlotte, NC is 44.33% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Catawba, NC N/A $1,050 $1,295 $1,550
Gaston, NC N/A $1,050 $1,250 $1,558
York, SC N/A $1,371 $1,595 $1,895
Cabarrus, NC N/A $950 $1,300 $1,985
Mecklenburg, NC $1,849 $1,550 $1,873 $2,100
Union, NC N/A $1,100 $1,750 $2,150

Top Zipcodes Near 28202

There are a total of 8 zipcodes in or near 28202, Charlotte, NC. The average rent for all of these zipcodes is $2,035. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 28208, Charlotte, NC at $1,800 per month. In comparison, the zipcode with the most expensive average rent of $2,312 per month is 28203, Charlotte, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 28202, Charlotte, NC is $1,368 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,764 per month. Which comes out to $2 per sqft. The following chart includes the top 8 zipcodes in 28202, Charlotte, NC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
28208, Charlotte, NC N/A $1,384 $1,650 $1,800
28269, Charlotte, NC N/A $1,351 $1,645 $2,020
28277, Charlotte, NC N/A $1,620 $1,895 $2,295
28203, Charlotte, NC N/A $1,750 $2,400 $2,312
28205, Charlotte, NC N/A $1,681 $1,825 $1,988
28262, Charlotte, NC N/A $1,350 $1,703 $2,100
28027, Cabarrus County, NC N/A N/A $1,938 $2,050
28216, Mecklenburg County, NC N/A N/A $1,500 $1,950

Frequently Asked Questions - 28202 Average Rents

What is the average rent price in 28202, Charlotte, NC?
The average monthly rental price for 28202, Charlotte, NC apartments for rent is approximately $2,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 28202, Charlotte, NC rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 28202, Charlotte, NC.
How much is a studio apartment in 28202, Charlotte, NC?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 28202.
How much is a one bedroom apartment in 28202, Charlotte, NC?
The average monthly rental price for one bedroom apartments is $1,640 and an average price per square feet of $2.36. There are a total of 37 one bedroom apartment listings currently available for rent in 28202.
How much is a two bedroom apartment in 28202, Charlotte, NC?
The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $2.08. There are a total of 31 two bedroom apartment listings currently available for rent in 28202.
How have rent prices in 28202, Charlotte, NC changed this year?
Rent prices for rentals in 28202, Charlotte, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.44%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.27%, and three bedroom rental prices have changed by -0.26% year-over-year.
What is a reasonable rent price in 28202, Charlotte, NC?
A reasonable rent price in 28202, Charlotte, NC is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.
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