Average Rent in 28203, Charlotte, NC

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Current Versus Historical 28203, Charlotte, NC Rents

28203 rentals average $1,802 for a 1-bedroom rental to $5,000 for a 4-bedroom rental. The median price of all currently available listings is $2,992, or roughly $30 per square feet.

For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $1,023 (46.97%) year-over-year from $2,177 to $3,200. 1-bedroom rentals prices have increased by $26 (1.43%) year-over-year from $1,786 to $1,812. 2-bedroom rentals prices have increased by $202 (8.41%) year-over-year from $2,398 to $2,600. 3-bedroom rentals prices have increased by $510 (13.28%) year-over-year from $3,840 to $4,350. 4-bedroom rentals prices have increased by $225 (4.71%) year-over-year from $4,775 to $5,000. 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 0.00% this month. 1-bedroom rents have gone up by 2.36% this month. 2-bedroom rents have gone up by 2.63% this month. 3-bedroom rents have gone up by 12.50% this month. 4-bedroom rents have gone down by 17.80% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$31.84	$1,812	$1,786 (1.43%)	$1,968 (-7.95%)
2 BR	$29.41	$2,600	$2,398 (8.41%)	$2,515 (3.38%)
3 BR	$29.56	$4,350	$3,840 (13.28%)	$3,167 (37.37%)
4+ BR	$26.21	$5,000	$4,775 (4.71%)	$4,800 (4.17%)

Historical Rents in 28203, Charlotte, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 28203

There are a total of 7 cities nearby 28203. The average rent in 28203 is currently $1,885 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Statesville, NC, with an average rent of $1,415, is the most affordable city nearby. In contrast, the most expensive city near 28203, Charlotte, NC is Cornelius, NC. Monthly rents here are on average $2,295 per month.

Let's compare 28203, Charlotte, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 26.47% more expensive. Two bedrooms in 28203, Charlotte, NC are about 38.65% more expensive. Finally, rent for three bedrooms are about 54.65% more expensive. Want more information? Check out the top 7 cities near 28203, Charlotte, NC in the following table.

City	Studio	1 Bed	2 Bed	All
Statesville, NC	N/A	$850	$1,072	$1,415
Gastonia, NC	N/A	$1,123	$1,275	$1,550
Mooresville, NC	N/A	$1,330	$1,595	$1,748
Concord, NC	$950	$1,325	$1,450	$1,885
Charlotte, NC	$1,938	$1,650	$1,800	$1,995
Huntersville, NC	$2,485	$2,039	$2,468	$2,153
Cornelius, NC	N/A	$1,295	$1,695	$2,295

Top Neighborhoods Near 28203

There are a total of 3 neighborhoods in or near 28203. Some of these neighborhoods include Fourth Ward, Ballantyne West, and Dilworth. We've included all of these top 3 neighborhoods in or near 28203, Charlotte, NC in the following table.

The average rent for these 3 neighborhoods in or near 28203, Charlotte, NC is currently around $2,195 per month. A total of 3 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than 28203's average rent, which is actually $2,992. Out of all the neighborhoods in or near 28203, Fourth Ward has the most affordable average rent at $1,848 per month. Whereas, at $2,498 average rent per month, Dilworth is the most expensive neighborhood in or near 28203. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Fourth Ward, Charlotte, NC	$1,723	$1,800	$1,962	$1,848
Ballantyne West, Charlotte, NC	$2,200	$1,632	$1,895	$2,195
Dilworth, Charlotte, NC	N/A	$1,718	$2,500	$2,498

Top Counties Near 28203

There are a total of 8 counties located by 28203, Charlotte, NC. Some of these counties include Gaston, NC, Catawba, NC, and Iredell, NC. The average rent for rentals in these counties is $1,961. That's roughly around $15 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Gaston, NC. Its average rent per month is $1,665. Vice versa, with an average rent of $2,265, Union, NC is the most expensive county by 28203, Charlotte, NC.

In comparison, rent for one bedroom listings in 28203, Charlotte, NC is 27.16% more expensive than other counties nearby. Finally, rent for two bedrooms in 28203, Charlotte, NC is 45.19% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Gaston, NC	N/A	$1,045	$1,275	$1,665
Catawba, NC	$694	$1,325	$1,300	$1,723
Iredell, NC	N/A	$978	$1,450	$1,750
Cabarrus, NC	$950	$1,225	$1,400	$1,950
Lincoln, NC	N/A	$1,300	$1,350	$1,973
Mecklenburg, NC	$1,948	$1,740	$1,827	$2,039
York, SC	$825	$1,350	$1,700	$2,250
Union, NC	$1,846	$1,517	$2,000	$2,265

Top Zipcodes Near 28203

There are a total of 19 zipcodes in or near 28203, Charlotte, NC. The average rent for all of these zipcodes is $1,995. A total of 19 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 28115, Iredell County, NC at $1,677 per month. In comparison, the zipcode with the most expensive average rent of $2,353 per month is 28202, Charlotte, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 28203, Charlotte, NC is $1,589 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,673 per month. Which comes out to $18 per sqft. The following table includes the top 10 zipcodes in 28203, Charlotte, NC. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
28202, Charlotte, NC	$2,040	$1,848	$2,634	$2,353
28208, Charlotte, NC	$1,175	$950	$1,645	$1,798
28205, Charlotte, NC	$995	$1,425	$1,650	$1,893
28206, Charlotte, NC	$1,925	$1,713	$2,175	$1,930
28217, Charlotte, NC	N/A	$1,716	$1,823	$2,100
28216, Mecklenburg County, NC	$3,300	$1,840	$1,673	$1,925
28277, Charlotte, NC	$2,200	$1,750	$1,900	$2,300
28273, Charlotte, NC	N/A	$1,432	$1,600	$1,995
28210, Charlotte, NC	N/A	$1,150	$1,673	$2,049
28262, Charlotte, NC	N/A	$1,679	$1,946	$1,945

Frequently Asked Questions - 28203 Average Rents

What is the average rent price in 28203, Charlotte, NC?

The average monthly rental price for 28203, Charlotte, NC apartments for rent is approximately $2,992. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 28203, 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 28203, Charlotte, NC.

How much is a one bedroom apartment in 28203, Charlotte, NC?

The average monthly rental price for one bedroom apartments is $1,802 and an average price per square feet of $31.84. There are a total of 27 one bedroom apartment listings currently available for rent in 28203.

How much is a two bedroom apartment in 28203, Charlotte, NC?

The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $29.41. There are a total of 25 two bedroom apartment listings currently available for rent in 28203.

How have rent prices in 28203, Charlotte, NC changed this year?

Rent prices for rentals in 28203, Charlotte, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.47%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.08%, three bedroom rental prices have changed by 0.13% year-over-year.

What is a reasonable rent price in 28203, Charlotte, NC?

A reasonable rent price in 28203, Charlotte, NC is around $2,393/month. You can search for these reasonably priced rental listings on RentHop.