Average Rent in Charlotte, NC

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Current Versus Historical Charlotte, NC Rents

Charlotte rentals average $0 for a studio rental to $2,598 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $1 per square feet.
For the apartment units and housing in February 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $150 (-8.35%) year-over-year from $1,800 to $1,650. 1-bedroom rentals prices have decreased by $564 (-35.83%) year-over-year from $1,574 to $1,010. 2-bedroom rentals prices have decreased by $153 (-8.77%) year-over-year from $1,748 to $1,595. 3-bedroom rentals prices have increased by $100 (5.14%) year-over-year from $1,950 to $2,050. 4-bedroom rentals prices have increased by $128 (5.42%) year-over-year from $2,367 to $2,495. 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 0.11% this month. 1-bedroom rents have gone down by 20.18% this month. 2-bedroom rents have gone down by 7.29% this month. 3-bedroom rents have gone up by 0.41% this month. 4-bedroom rents have gone down by 0.07% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.12 $1,010 $1,574 (-35.83%) $1,642 (-38.50%)
2 BR $1.68 $1,595 $1,748 (-8.77%) $2,009 (-20.62%)
3 BR $1.34 $2,050 $1,950 (5.14%) $1,718 (19.31%)
4+ BR $1.13 $2,495 $2,367 (5.42%) $1,956 (27.59%)

Historical Rents in Charlotte, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Charlotte



Let's compare Charlotte, NC's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Charlotte



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

Top Counties Near Charlotte

The average rent for rentals in these counties is $2,180. That's roughly around $1 per sqft. The county that is the most affordable is Mecklenburg, NC. It's average rent per month is $2,180. Vice versa, with an average rent of $2,180, Mecklenburg, NC is the most expensive county by Charlotte, NC.

In comparison, rent for one bedroom listings in Charlotte, NC is on par with the other counties nearby. Finally, rent for two bedrooms in Charlotte, NC is 0.43% 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 $1,675 $1,748 $2,180

Top Zipcodes Near Charlotte



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

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 $2,100. 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 $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 Charlotte.
How much is a one bedroom apartment in Charlotte, NC?
The average monthly rental price for one bedroom apartments is $1,675 and an average price per square feet of $2.12. There are a total of 39 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 $1,740 and an average price per square feet of $1.68. There are a total of 124 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 -0.08%, one bedroom rental prices have changed by -0.36%, two bedroom rental prices have changed by -0.09%, 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 $1,680/month. You can search for these reasonably priced rental listings on RentHop.
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