Ever wondered if a move could help you save some dough? You’re in the right place to find your next spot.
Rent prices in the Queen City decreased in the last year, according to a recent Redfin study — thanks in part to a boom in apartment construction. The Uptown area alone added ~11,000 apartments over the last four years.
Compared to other large US cities, Charlotte also offers more space for your buck. A 2024 RentCafe study found $1,500/month can get you ~847 sqft of space.
Here’s where the average rent for a one-bedroom apartment stands in Charlotte, according to several rental sites:
- Rent.com: $1,845
- Zumper: $1,385
- Apartments.com: $1,485
- RentCafe: $1,663
We averaged those numbers to arrive at a citywide average of $1,594/month.
To estimate rent by neighborhood, we used the average from all four websites, which pulled data from the last six months. Without further ado, let’s take a look at the (approximate) cost of living in these 10+ Charlotte neighborhoods.
Find each one on the map below:
Ballantyne
- Average apartment rent: ~$1,916
- ~20.2% more than the average rent in CLT
Nearby landmarks: The Bowl at Ballantyne, Big Rock Nature Preserve
Belmont
- Average apartment rent: ~$1,516
- ~4.9% lower than the average rent in CLT
Nearby landmarks: McGill Rose Garden, Alexander Park, Little Sugar Creek Greenway, Optimist Hall
Cornelius
- Average apartment rent: ~$1,681
- ~5.5% higher than the average rent in CLT
Nearby landmarks: Lake Norman, Ramsey Creek Park, Sherrill-Robbins House
Cotswold
- Average apartment rent: ~$1,250
- ~21.6% lower than the average rent in CLT
Nearby landmarks: Cotswold Village, Bojangles Coliseum, Mint Museum Randolph
Davidson
- Average apartment rent: ~$1,677
- ~5.2% more than the average rent in CLT
Nearby landmarks: Davidson College, Holt-Henderson-Copeland House, Lake Norman
Dilworth
- Average apartment rent: ~$1,984
- ~24.5% more than the average rent in CLT
Nearby landmarks: the Cathedral of Saint Patrick, Dilworth Airplane Bungalow, Atherton Mill, Latta Park
Elizabeth
- Average apartment rent: ~$1,767
- ~10.9% more than the average rent in CLT
Nearby landmarks: the Hezekiah Alexander Homesite, Mint Museum Randolph, Visulite Theatre
Huntersville
- Average apartment rent: ~$1,691
- ~6.1% more than the average rent in CLT
Nearby landmarks: Historic Latta Place, Carolina Raptor Center, Carolina Renaissance Festival
Myers Park
- Average apartment rent: $1,943
- ~21.9% more than the average rent in CLT
Nearby landmarks: Freedom Park, Duke Mansion, Myers Park Country Club, Historic Rosedale
NoDa
- Average apartment rent: ~$1,737
- ~9% more than the average rent in CLT
Nearby landmarks: the Evening Muse, Neighborhood Theatre, Independent Picture House, Amélie’s French Bakery & Café
Plaza Midwood
- Average apartment rent: ~$1,704
- ~6.9% more than the average rent in CLT
Nearby landmarks: Central Avenue shops, restaurants, Historic Rosedale, Old Settlers’ Cemetery
South End
- Average apartment rent: ~$2,064
- ~29.5% more than the average rent in CLT
Nearby landmarks: the Rail Trail, Atherton Mill, Design Center of the Carolinas
SouthPark
- Average apartment rent: ~$2,372
- ~48.8% more than the average rent in CLT
Nearby landmarks: SouthPark Mall, Symphony Park, Billy Graham Library, Little Sugar Creek Greenway
Steele Creek
- Average apartment rent: ~$1,622
- ~1.8% more than the average rent in CLT
Nearby landmarks: Carowinds, Charlotte Premium Outlets, Lake Wylie, McDowell Nature Preserve
University City
- Average apartment rent: ~$1,908
- ~19.7% more than the average rent in CLT
Nearby landmarks: UNC Charlotte, Reedy Creek Nature Preserve, Shoppes at University Place
Uptown
- Average apartment rent: ~$2,030
- ~27.3% more than the average rent in CLT
Nearby landmarks: Truist Field, Bank of America Stadium, Spectrum Center, Monarch Market, Market at 7th Street
Did we cover your neighborhood? Which area should we analyze next? Let us know.
