Average Rent in 28205, Charlotte, NC

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Current Versus Historical 28205, Charlotte, NC Rents

28205 rentals average $1,565 for a 2-bedroom rental to $2,800 for a 3-bedroom rental. The median price of all currently available listings is $2,250, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $363 (13.35%) year-over-year from $2,722 to $3,085. 1-bedroom rentals prices have increased by $374 (34.46%) year-over-year from $1,086 to $1,460. 2-bedroom rentals prices have decreased by $25 (-1.59%) year-over-year from $1,575 to $1,550. 3-bedroom rentals prices have decreased by $108 (-4.74%) year-over-year from $2,283 to $2,175. 4-bedroom rentals prices have decreased by $2,923 (-57.62%) year-over-year from $5,073 to $2,150. 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 19.11% this month. 1-bedroom rents have gone up by 2.82% this month. 2-bedroom rents have gone down by 1.33% this month. 3-bedroom rents have gone up by 3.24% this month. 4-bedroom rents have gone down by 18.87% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.84 $1,550 $1,575 (-1.59%) $2,221 (-30.22%)
3 BR $1.69 $2,175 $2,283 (-4.74%) $2,857 (-23.86%)

Historical Rents in 28205, Charlotte, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 28205

There are a total of 1 cities nearby 28205. The average rent in 28205 is currently $2,035 per month. Only one city nearby has an average rent lower than that. Our records show that Charlotte, NC, with an average rent of $2,035, is the most affordable city nearby. In contrast, the most expensive city near 28205, Charlotte, NC is Charlotte, NC. Monthly rents here are on average $2,035 per month.

Let's compare 28205, Charlotte, NC's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in 28205, Charlotte, NC are about 11.82% more affordable. Finally, rent for three bedrooms are about 19.64% more expensive. Want more information? Check out the top 1 cities near 28205, Charlotte, NC in the following chart.
City Studio 1 Bed 2 Bed All
Charlotte, NC N/A $1,510 $1,750 $2,035

Top Neighborhoods Near 28205



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

Top Counties Near 28205

The average rent for rentals in these counties is $2,100. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Mecklenburg, NC. It's average rent per month is $2,100. Vice versa, with an average rent of $2,100, Mecklenburg, NC is the most expensive county by 28205, Charlotte, NC.

In comparison, rent for one bedroom listings in 28205, Charlotte, NC is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 28205, Charlotte, NC is 13.26% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Mecklenburg, NC N/A $1,525 $1,773 $2,100

Top Zipcodes Near 28205



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - 28205 Average Rents

What is the average rent price in 28205, Charlotte, NC?
The average monthly rental price for 28205, Charlotte, NC apartments for rent is approximately $2,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 28205, 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 28205, Charlotte, NC.
How much is a studio apartment in 28205, 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 0 studio apartment listings currently available for rent in 28205.
How much is a one bedroom apartment in 28205, Charlotte, NC?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in 28205.
How much is a two bedroom apartment in 28205, Charlotte, NC?
The average monthly rental price for two bedroom apartments is $1,565 and an average price per square feet of $1.84. There are a total of 14 two bedroom apartment listings currently available for rent in 28205.
How have rent prices in 28205, Charlotte, NC changed this year?
Rent prices for rentals in 28205, Charlotte, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by 0.34%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 28205, Charlotte, NC?
A reasonable rent price in 28205, Charlotte, NC is around $1,800/month. You can search for these reasonably priced rental listings on RentHop.
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