Average rent in Charlotte, North Carolina
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Explore Apartments for Rent in Charlotte, NC
If you’re on the hunt for apartments for rent in Charlotte, NC, you’re not alone. The city of Charlotte represents a perfect balance: It’s within driving distance to both the Appalachian Mountains and the white sand beaches of the North Carolina seashore, and it boasts a culturally diverse hub of entertainment and nightlife. No wonder Charlotte is consistently rated one of the top places to live in the U.S.
Enjoy all these perks and more by finding your perfect apartment complex in Charlotte, North Carolina on Apartment List. Simply take our Renter Quiz and enjoy a curated list of the best housing for rent in Charlotte, NC — all of which check your unique boxes, like being dog-friendly, fully furnished, or in your ideal neighborhood.
Your time is valuable, so forget googling “apartments for rent near me.” Apartment List brings the perfect properties to you. Sit back, relax, and enjoy planning your move to Charlotte, knowing your ideal apartment is just a few clicks away.
Whether you’re looking for a luxury studio apartment or a pet-friendly two-bedroom, Apartment List simplifies the search. Download the app today to see why so many Charlotte City locals used Apartment List to find their new home.
Average Rent for Apartments in Charlotte, North Carolina
The average rent for a one-bedroom apartment is about $1,308, and for a two-bedroom apartment, it’s around $1,426. The median rent is $1,438, making Charlotte the #48 most expensive city in the U.S.
As of October 2024, rent has been dropping — it went down by 0.6% in September alone and has decreased by 3.3% over the past year. This trend means you might be able to find more affordable rent prices in Charlotte right now.
Frequently Asked Questions
Frequently Asked Questions (FAQs)
Although rent in Charlotte is slightly higher than the average across the entire metro area, it still offers competitive rates compared to similar cities nationally, like Austin, TX, and Irving, TX.
Renting in Uptown Charlotte, or Center City, is slightly pricier than other parts of the city, but it’s a highly walkable area. This means you could save money by not needing a vehicle.
The exact household salary you’ll need is based on your lifestyle and expenses, but you should spend no more than 30% of your income on rent. Since the average rent in Charlotte is $1,438, a good benchmark would be to earn around $57,520 per year to live within your means. If you’re budgeting for rent for the first time, try out our rent calculator to determine the right amount.
Renting as a single person means you need enough to afford rent, which averages around $1,308 for a one-bedroom apartment, plus living expenses. A reasonable estimate would be around $2,500–3,000 per month to cover all new-home costs, including rent, utilities, groceries, and transportation.