Average Rent in Fourth Ward, Charlotte, NC

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Current Versus Historical Fourth Ward, Charlotte, NC Rents

Fourth Ward rentals average $1,723 for a studio rental to $3,453 for a 3-bedroom rental. The median price of all currently available listings is $1,848, or roughly $24 per square feet.
For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have increased by $231 (15.49%) year-over-year from $1,491 to $1,723. 1-bedroom rentals prices have increased by $150 (9.09%) year-over-year from $1,650 to $1,800. 2-bedroom rentals prices have decreased by $28 (-1.37%) year-over-year from $2,003 to $1,975. 3-bedroom rentals prices have increased by $695 (22.92%) year-over-year from $3,032 to $3,727. 4-bedroom rentals prices have increased by $1,872 (33.27%) year-over-year from $5,628 to $7,500. 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 1.52% this month. 1-bedroom rents have gone up by 7.58% this month. 2-bedroom rents have gone down by 13.03% this month. 3-bedroom rents have gone up by 52.35% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $18.57 $1,723 $1,491 (15.49%) $1,617 (6.55%)
1 BR $27.40 $1,800 $1,650 (9.09%) $1,681 (7.09%)
2 BR $21.57 $1,975 $2,003 (-1.37%) $1,848 (6.85%)
3 BR $28.70 $3,727 $3,032 (22.92%) $4,625 (-19.43%)

Historical Rents in Fourth Ward, Charlotte, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Fourth Ward

There are a total of 7 cities nearby Fourth Ward. The average rent in Fourth Ward is currently $1,885 per month. A total of 3 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 Fourth Ward, Charlotte, NC is Cornelius, NC. Monthly rents here are on average $2,295 per month.

Let's compare Fourth Ward, Charlotte, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 26.39% more expensive. Two bedrooms in Fourth Ward, Charlotte, NC are about 18.71% more expensive. Finally, rent for three bedrooms are about 43.53% more expensive. Want more information? Check out the top 7 cities near Fourth Ward, 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 Fourth Ward

There are a total of 2 neighborhoods in or near Fourth Ward. Some of these neighborhoods include Ballantyne West and Dilworth. We've included all of these top 2 neighborhoods in or near Fourth Ward, Charlotte, NC in the following table.

The average rent for these 2 neighborhoods in or near Fourth Ward, Charlotte, NC is currently around $2,346 per month. Interestingly, the neighborhoods' average rent is higher than Fourth Ward's average rent, which is only $1,848. Out of all the neighborhoods in or near Fourth Ward, Ballantyne West has the most affordable average rent at $2,195 per month. Whereas, at $2,498 average rent per month, Dilworth is the most expensive neighborhood in or near Fourth Ward. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
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 Fourth Ward

There are a total of 8 counties located by Fourth Ward, 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 3 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 Fourth Ward, Charlotte, NC.

Typically, rent for studios in Fourth Ward, Charlotte, NC is 55.91% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Fourth Ward, Charlotte, NC is 27.08% more expensive than other counties nearby. Finally, rent for two bedrooms in Fourth Ward, Charlotte, NC is 27.37% 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 Fourth Ward

There are a total of 20 zipcodes in or near Fourth Ward, Charlotte, NC. The average rent for all of these zipcodes is $1,996. A total of 4 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 $2,992 per month is 28203, Charlotte, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Fourth Ward, Charlotte, NC is $1,634 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,678 per month. Which comes out to $18 per sqft. The following table includes the top 10 zipcodes in Fourth Ward, 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
28206, Charlotte, NC $1,925 $1,713 $2,175 $1,930
28203, Charlotte, NC N/A $1,802 $2,600 $2,992
28205, Charlotte, NC $995 $1,425 $1,650 $1,893
28208, Charlotte, NC $1,175 $950 $1,645 $1,798
28217, Charlotte, NC N/A $1,716 $1,823 $2,100
28216, Mecklenburg County, NC $3,300 $1,840 $1,673 $1,925
28210, Charlotte, NC N/A $1,150 $1,673 $2,049
28214, Charlotte, NC N/A $1,342 $1,684 $1,925
28262, Charlotte, NC N/A $1,679 $1,946 $1,945

Frequently Asked Questions - Fourth Ward Average Rents

What is the average rent price in Fourth Ward, Charlotte, NC?
The average monthly rental price for Fourth Ward, Charlotte, NC apartments for rent is approximately $1,848. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Fourth Ward, 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 Fourth Ward, Charlotte, NC.
How much is a studio apartment in Fourth Ward, Charlotte, NC?
The average monthly rental price for studio apartments is $1,723 and an average price per square feet of $18.57. There are a total of 2 studio apartment listings currently available for rent in Fourth Ward.
How much is a one bedroom apartment in Fourth Ward, Charlotte, NC?
The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $27.40. There are a total of 17 one bedroom apartment listings currently available for rent in Fourth Ward.
How much is a two bedroom apartment in Fourth Ward, Charlotte, NC?
The average monthly rental price for two bedroom apartments is $1,962 and an average price per square feet of $21.57. There are a total of 24 two bedroom apartment listings currently available for rent in Fourth Ward.
How have rent prices in Fourth Ward, Charlotte, NC changed this year?
Rent prices for rentals in Fourth Ward, Charlotte, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.15%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by -0.01%, three bedroom rental prices have changed by 0.23% year-over-year.
What is a reasonable rent price in Fourth Ward, Charlotte, NC?
A reasonable rent price in Fourth Ward, Charlotte, NC is around $1,478/month. You can search for these reasonably priced rental listings on RentHop.