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Average Rent in 28277, Charlotte, NC

Home  »  NC  »  Charlotte  »  28277

Current Versus Historical 28277, Charlotte, NC Rents

28277 rentals average $1,995 for a 2-bedroom rental to $2,850 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $736 (35.65%) year-over-year from $2,064 to $2,800. 1-bedroom rentals prices have decreased by $1,209 (-55.74%) year-over-year from $2,169 to $960. 2-bedroom rentals prices have increased by $108 (5.70%) year-over-year from $1,888 to $1,995. 3-bedroom rentals prices have increased by $128 (5.74%) year-over-year from $2,223 to $2,350. 4-bedroom rentals prices have increased by $65 (2.33%) year-over-year from $2,785 to $2,850. 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 13.28% this month. 1-bedroom rents have gone down by 32.80% this month. 2-bedroom rents have gone up by 4.41% this month. 3-bedroom rents have gone up by 2.92% this month. 4-bedroom rents have gone down by 5.24% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.37 $1,995 $1,888 (5.70%) $1,653 (20.67%)
3 BR $1.35 $2,350 $2,223 (5.74%) $1,814 (29.54%)
4+ BR $1.18 $2,850 $2,785 (2.33%) $2,386 (19.46%)

Historical Rents in 28277, Charlotte, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 28277

There are a total of 1 cities nearby 28277. The average rent in 28277 is currently $2,000 per month. Only one city nearby has an average rent lower than that. Our records show that Charlotte, NC, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near 28277, Charlotte, NC is Charlotte, NC. Monthly rents here are on average $2,000 per month.

Let's compare 28277, Charlotte, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 28277, Charlotte, NC is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 28277, Charlotte, NC are about 12.28% more expensive. Finally, rent for three bedrooms are about 8.16% more expensive. Want more information? Check out the top 1 cities near 28277, Charlotte, NC in the following chart.
City Studio 1 Bed 2 Bed All
Charlotte, NC $1,562 $1,525 $1,750 $2,000

Top Neighborhoods Near 28277



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

Top Counties Near 28277

The average rent for rentals in these counties is $2,100. That's roughly around $1 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 28277, Charlotte, NC.

Typically, rent for studios in 28277, Charlotte, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 28277, Charlotte, NC is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 28277, Charlotte, NC is 11.03% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Mecklenburg, NC $1,562 $1,538 $1,775 $2,100

Top Zipcodes Near 28277



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

Frequently Asked Questions - 28277 Average Rents

What is the average rent price in 28277, Charlotte, NC?
The average monthly rental price for 28277, Charlotte, NC apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 28277, 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 28277, Charlotte, NC.
How much is a studio apartment in 28277, 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 28277.
How much is a one bedroom apartment in 28277, 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 28277.
How much is a two bedroom apartment in 28277, Charlotte, NC?
The average monthly rental price for two bedroom apartments is $1,995 and an average price per square feet of $1.37. There are a total of 8 two bedroom apartment listings currently available for rent in 28277.
How have rent prices in 28277, Charlotte, NC changed this year?
Rent prices for rentals in 28277, Charlotte, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.36%, one bedroom rental prices have changed by -0.56%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in 28277, Charlotte, NC?
A reasonable rent price in 28277, Charlotte, NC is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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