Average Rent in Elizabeth, Charlotte, NC

Home  »  NC  »  Charlotte  »  Elizabeth

Current Versus Historical Elizabeth, Charlotte, NC Rents

Elizabeth rentals average $1,950 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $2,075, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $280 (-32.75%) year-over-year from $855 to $575. 1-bedroom rentals prices have increased by $495 (33.99%) year-over-year from $1,455 to $1,950. 2-bedroom rentals prices have increased by $169 (10.72%) year-over-year from $1,578 to $1,748. 3-bedroom rentals prices have decreased by $858 (-23.79%) year-over-year from $3,608 to $2,750. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $4,000 to $4,000. 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 14.74% this month. 2-bedroom rents have gone down by 7.98% this month. 3-bedroom rents have gone down by 34.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.12 $1,950 $1,455 (33.99%) $1,267 (53.91%)
2 BR $1.91 $1,748 $1,578 (10.72%) $1,338 (30.57%)

Historical Rents in Elizabeth, Charlotte, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Elizabeth

There are a total of 1 cities nearby Elizabeth. The average rent in Elizabeth is currently $2,195 per month. Our records show that Charlotte, NC, with an average rent of $2,195, is the most affordable city nearby. In contrast, the most expensive city near Elizabeth, Charlotte, NC is Charlotte, NC. Monthly rents here are on average $2,195 per month.

Let's compare Elizabeth, Charlotte, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 23.33% more expensive. Two bedrooms in Elizabeth, Charlotte, NC are about 3.00% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Elizabeth, Charlotte, NC in the following chart.
City Studio 1 Bed 2 Bed All
Charlotte, NC N/A $1,495 $1,800 $2,195

Top Neighborhoods Near Elizabeth



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

Top Counties Near Elizabeth

The average rent for rentals in these counties is $2,200. That's roughly around $1 per sqft. The county that is the most affordable is Mecklenburg, NC. It's average rent per month is $2,200. Vice versa, with an average rent of $2,200, Mecklenburg, NC is the most expensive county by Elizabeth, Charlotte, NC.

In comparison, rent for one bedroom listings in Elizabeth, Charlotte, NC is 21.92% more expensive than other counties nearby. Finally, rent for two bedrooms in Elizabeth, Charlotte, NC is 3.00% 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 $1,523 $1,800 $2,200

Top Zipcodes Near Elizabeth



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

Frequently Asked Questions - Elizabeth Average Rents

What is the average rent price in Elizabeth, Charlotte, NC?
The average monthly rental price for Elizabeth, Charlotte, NC apartments for rent is approximately $2,075. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Elizabeth, 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 Elizabeth, Charlotte, NC.
How much is a studio apartment in Elizabeth, 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 Elizabeth.
How much is a one bedroom apartment in Elizabeth, Charlotte, NC?
The average monthly rental price for one bedroom apartments is $1,950 and an average price per square feet of $2.12. There are a total of 3 one bedroom apartment listings currently available for rent in Elizabeth.
How much is a two bedroom apartment in Elizabeth, Charlotte, NC?
The average monthly rental price for two bedroom apartments is $1,748 and an average price per square feet of $1.91. There are a total of 2 two bedroom apartment listings currently available for rent in Elizabeth.
How have rent prices in Elizabeth, Charlotte, NC changed this year?
Rent prices for rentals in Elizabeth, Charlotte, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.33%, one bedroom rental prices have changed by 0.34%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by -0.24% year-over-year.
What is a reasonable rent price in Elizabeth, Charlotte, NC?
A reasonable rent price in Elizabeth, Charlotte, NC is around $1,660/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast