Average Rent in Charlotte, NC

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Current Versus Historical Charlotte, NC Rents

Charlotte rentals average $2,500 for a studio rental to $2,400 for a 4-bedroom rental. The median price of all currently available listings is $2,055, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $201 (12.35%) year-over-year from $1,631 to $1,832. 1-bedroom rentals prices have increased by $326 (23.67%) year-over-year from $1,379 to $1,705. 2-bedroom rentals prices have increased by $298 (17.52%) year-over-year from $1,700 to $1,998. 3-bedroom rentals prices have increased by $100 (5.01%) year-over-year from $2,000 to $2,100. 4-bedroom rentals prices have decreased by $132 (-5.20%) year-over-year from $2,532 to $2,400. 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 up by 6.41% this month. 1-bedroom rents have gone down by 0.04% this month. 2-bedroom rents have gone up by 4.54% this month. 3-bedroom rents have gone up by 0.85% this month. 4-bedroom rents have gone down by 1.23% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.25	$1,832	$1,631 (12.35%)	$1,768 (3.63%)
1 BR	$2.34	$1,705	$1,379 (23.67%)	$1,429 (19.34%)
2 BR	$1.84	$1,998	$1,700 (17.52%)	$1,546 (29.23%)
3 BR	$1.47	$2,100	$2,000 (5.01%)	$1,731 (21.29%)
4+ BR	$1.23	$2,400	$2,532 (-5.20%)	$2,180 (10.11%)

Historical Rents in Charlotte, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Charlotte

There are a total of 3 cities nearby Charlotte. The average rent in Charlotte is currently $1,868 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Kannapolis, NC, with an average rent of $1,830, is the most affordable city nearby. In contrast, the most expensive city near Charlotte, NC is Concord, NC. Monthly rents here are on average $1,893 per month.

Let's compare Charlotte, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 39.18% more expensive. Two bedrooms in Charlotte, NC are about 30.00% more expensive. Finally, rent for three bedrooms are about 11.45% more expensive. Want more information? Check out the top 3 cities near Charlotte, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
Kannapolis, NC	N/A	N/A	$1,295	$1,830
Mooresville, NC	N/A	$1,155	$1,545	$1,868
Concord, NC	N/A	$950	$1,295	$1,893

Top Neighborhoods Near Charlotte

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Charlotte

Some of these counties include Gaston, NC, Catawba, NC, and York, SC. The average rent for rentals in these counties is $1,922. 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 Gaston, NC. It's average rent per month is $1,580. Vice versa, with an average rent of $2,100, Union, NC is the most expensive county by Charlotte, NC.

In comparison, rent for one bedroom listings in Charlotte, NC is 29.82% more expensive than other counties nearby. Finally, rent for two bedrooms in Charlotte, NC is 21.82% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Gaston, NC	N/A	$1,045	$1,275	$1,580
Catawba, NC	N/A	$1,148	$1,275	$1,695
York, SC	N/A	$1,371	$1,595	$1,895
Cabarrus, NC	N/A	$950	$1,298	$1,949
Mecklenburg, NC	$2,499	$1,553	$1,850	$2,100
Union, NC	N/A	$925	$1,723	$2,100

Top Zipcodes Near Charlotte

There are a total of 9 zipcodes in or near Charlotte, NC. The average rent for all of these zipcodes is $2,100. A total of 4 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 $1,795 per month. In comparison, the zipcode with the most expensive average rent of $2,325 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 Charlotte, NC is $1,410 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,823 per month. Which comes out to $2 per sqft. The following chart includes the top 9 zipcodes in 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	$1,398	$1,500	$1,795
28269, Charlotte, NC	N/A	$1,330	$1,678	$2,000
28277, Charlotte, NC	N/A	$1,818	$1,850	$2,295
28203, Charlotte, NC	N/A	$1,623	$2,400	$2,325
28205, Charlotte, NC	N/A	$1,548	$1,823	$2,140
28202, Charlotte, NC	N/A	$1,800	$2,500	$2,203
28262, Charlotte, NC	N/A	$1,410	$1,695	$2,100
28027, Cabarrus County, NC	N/A	N/A	$1,860	$2,050
28216, Mecklenburg County, NC	N/A	N/A	$1,500	$1,960

Frequently Asked Questions - Charlotte Average Rents

What is the average rent price in Charlotte, NC?

The average monthly rental price for Charlotte, NC apartments for rent is approximately $2,055. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Charlotte, NC.

How much is a studio apartment in Charlotte, NC?

The average monthly rental price for studio apartments is $2,500 and an average price per square feet of $3.25. There are a total of 4 studio apartment listings currently available for rent in Charlotte.

How much is a one bedroom apartment in Charlotte, NC?

The average monthly rental price for one bedroom apartments is $1,562 and an average price per square feet of $2.34. There are a total of 165 one bedroom apartment listings currently available for rent in Charlotte.

How much is a two bedroom apartment in Charlotte, NC?

The average monthly rental price for two bedroom apartments is $1,850 and an average price per square feet of $1.84. There are a total of 297 two bedroom apartment listings currently available for rent in Charlotte.

How have rent prices in Charlotte, NC changed this year?

Rent prices for rentals in Charlotte, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by 0.24%, two bedroom rental prices have changed by 0.18%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Charlotte, NC?

A reasonable rent price in Charlotte, NC is around $1,644/month. You can search for these reasonably priced rental listings on RentHop.