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671 Apartments for rent in Charlotte, NC

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Last updated December 13 at 3:04am UTC
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City Guide
Charlotte
Things to Consider When Choosing your Charlotte Chateau:

Fool's Paradise. Be wary of seemingly lavish apartment complexes with low rent. Most of the time, you get what you pay for. Sure the complex has a rooftop fire place, a huge pool, and a movie theater. But, if the fireplace is broken, the pool adds an extra $50 to your water bill, and the movie theater smells like sweat, cigarettes, and desperation, then life won't be so luxurious.

Climate Control. In a city that experiences both freezing winters and the heat of southern summers, utility costs can become a burden. You can either find an apartment that is all bills paid, or expect to spend more than $150 a month on utilities during summer and winter peaks.

Uptown Security. On a similar note, be sure to ask apartment managers all about the security features of your potential home. Many apartment complexes around downtown and the arts district won't let you go anywhere without a card or key: the elevator, the parking garage, the pool, etc. With tight security like this, you will want to make sure your apartment has a system that allows you to buzz people in. Otherwise, you will have to take a hike downstairs every time you have visitors, or pizza.

Proof of Income. Many places in Charlotte do not accept bank statements as proof of income. This could make things complicated for trust fund babies, freelance workers, and people that just get by on odd jobs. If you make or have enough money to pay taxes on, then last year's tax statements should be sufficient.

Transportation. A car may be necessary unless you are moving into a place on the south side or close to downtown. Charlotte becomes a very sprawling city to the north, and bus routes can be few and far between. However, if you take a peak at the CATS map, then you will be able to find a few apartment complexes up north that are located near one of these bus routes. See: Lynx Blue Line Light Rail, Gold Rush, and Charlotte Area Transit System (CATS).

Charlotte Cityscape

There are nearly 200 neighborhoods sprawled in all directions from Charlotte's city center, creating enough space for urban socialites, suburban families, and even rural country folk that prefer a more small town vibe.

Uptown. Some cities have downtowns. Charlotte has uptown. Take a stroll along the backdrop of the center of the city, the eye of the storm, the epicenter of business, bar hopping, historic churches, global cuisine, cocktails, and live music.

First Ward: Mixed-income, high-demand apartments a stone's throw away from center city nightlife.

Second Ward. (Aka Brooklyn) Home to NASCAR events, government buildings, Zion Church, and dreams of revitalization... no actual homes, though.

Third Ward. Mostly just known for Bank of America Stadium, home of the North Carolina Panthers.

Fourth Ward. Trendy warehouse and old mill apartments, elaborate terra cotta apartments, and super luxurious condos for high paying fat cats.

Artsy East. Aspiring actors, artists, musicians, and human tattoos receive especially warm welcomes just east of Uptown.

NoDa. (North of Davidson) Artists, art promoters, art galleries, art school, grass-roots art groups, and all the funky fixings of your typical art-centered artsy art district... plus pup-friendly pubs.

Plaza Midwood: Tattoo parlors and bakeries, galleries and pubs, antique shopping and fashion hubs, a paradoxical, yet harmonious neighborhood.

Southern 'Burbs. Just south of Uptown is the families' delight.

Myers Park: Super-exclusive, big money neighborhood.

Sedgefield: The neighborhood for professionals working downtown and families looking for an affordable home.

Elizabeth: Comic book stores, modern apartments among historic homes, and the annual 4th of July fireworks.

South Park: Symphonies in the park, international cuisine, high-end department shopping, and general upscale urban living.

Starmount: Practical and culturally diverse.

Northeast Country. Move to the outskirts if you prefer woodsy ranch-style living over urban high rises and suburban bland land.

Derita. Woodsy, neighborhood that's big on youth sports and picnics in the park. University City. Home to five colleges, three public libraries, parks, lakes, shopping, dining and entertainment, and a close-knit population of proud golfers.

West Side Swagger. Charlotte's west side is made up of deeply rooted African American communities, streetcar suburbs, and outskirts villages.

Biddleville: Affordable living one mile from uptown.

Southend: Old cotton mills and warehouses renovated into modern apartments.

Paw Creek: A "tank town" located far out west.

Mountain Island Village: Located far northwest near Mountain Island Lake.

And that my dear renters, is Charlotte in a nutshell. Now crack that shell and go nuts!

-By Katy Comal

Rent Report
Charlotte

December 2017 Charlotte Rent Report

Welcome to the December 2017 Charlotte Rent Report. Charlotte rents declined over the past month. In this report, we'll evaluate trends in the Charlotte rental market, including comparisons to cities throughout the state and nation.

Charlotte rents declined significantly over the past month

Charlotte rents have declined 0.5% over the past month, but have increased moderately by 2.6% in comparison to the same time last year. Currently, median rents in Charlotte stand at $940 for a one-bedroom apartment and $1,100 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in August. Charlotte's year-over-year rent growth lags the state average of 3.3%, as well as the national average of 2.7%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Charlotte, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. The state as a whole logged rent growth of 3.3% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,210; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Fayetteville experiencing the fastest growth (+5.2%).
  • Winston-Salem, Asheville, and Wilmington have all experienced year-over-year growth above the state average (4.5%, 3.7%, and 3.6%, respectively).

Charlotte rents more affordable than many similar cities nationwide

As rents have increased moderately in Charlotte, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Charlotte is still more affordable than most comparable cities across the country.

  • Charlotte's median two-bedroom rent of $1,100 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 2.6% increase in Charlotte.
  • While Charlotte's rents rose moderately over the past year, some cities nationwide saw decreases, including Miami (-0.4%) and New York (-0.1%).
  • Renters will find more reasonable prices in Charlotte than most other large cities. For example, San Francisco has a median 2BR rent of $3,050, which is more than two-and-a-half times the price in Charlotte.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

Charlotte Renter Confidence Survey
National study of renter confidence in the economy, homeownership, and cities
Here's how Charlotte ranks on:
A- Overall satisfaction
B Safety and crime rate
A Jobs and career opportunities
B+ Recreational activities
B Affordability
B Quality of schools
A- Weather
C+ Commute time
C+ State and local taxes
C+ Public transit
B- Pet-friendliness
Best Worst
Full data available when viewing on a non-mobile device.
Overview of Findings

Apartment List has released results for Charlotte from the second annual Apartment List Renter Satisfaction Survey. The survey, which drew on responses from over 30,000 renters, provides insight into what states and cities must do to meet the needs of the 105 million American renters nationwide.

“According to our results, Charlotte renters are well satisfied with their city,” says Andrew Woo, Director of Data Science at Apartment List. “They rated most categories with average or above average scores.”

Key findings in Charlotte include the following:

  • Charlotte renters give their city an A- overall for satisfaction.
  • The highest-rated categories for Charlotte were local jobs and career opportunities (A) and weather (A-).
  • Renters here seem to be generally satisfied with the quality of local schools (B), safety (B), and access to major roadways (B+).
  • Charlotte renters seem to be the most dissatisfied with state and local taxes (C+), access to public transit (C+), and commute times (C+).
  • Millennial renters and renters who are parents are equally satisfied with Charlotte, with both groups giving the city an A-.
  • Charlotte renters were not quite as satisfied as other renters in nearby places like Raleigh (A). However, Charlotte did relatively well compared to other large cities like Atlanta (B+).
  • The top rated cities nationwide for renter satisfaction included Arlington, VA; Lincoln, NE; Pasadena, CA; Boston, MA; and Madison, WI. The lowest rated cities included Newark, NJ; Bronx, NY; Bridgeport, CT; Baltimore, MD; and Salinas, CA.