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Last updated February 14 2020 at 1:05 PM

436 2 Bedroom Apartments for rent in Charlotte, NC

Last updated February 20 at 12:32am
Barclay Downs
1 Unit Available
343 Wakefield Drive
343 Wakefield Drive, Charlotte, NC
2 Bedrooms
$1,095
750 sqft
Great location in Selwyn Village at Myers Park and close to Park Road Shopping Center. Also close to South Park. Great central location to popular neighborhoods in Charlotte! Unit has great character.
Last updated February 20 at 12:31am
Dilworth
1 Unit Available
1109 Morehead Street
1109 East Morehead Street, Charlotte, NC
2 Bedrooms
$1,395
786 sqft
This 2-bedroom third floor condo has been renovated in the last couple of years, with new carpet, counter tops, and ceramic tile installed. The kitchen includes a fully-equipped appliance package, breakfast bar and dining area.
Last updated February 20 at 12:44am
Idlewild South
1 Unit Available
7332 Briardale Drive
7332 Briardale Drive, Charlotte, NC
2 Bedrooms
$950
900 sqft
Duplex featuring hardwood floors thoughout. Located in a convenient community near access to Independence Blvd and Harris Blvd. Lawn care provided by landlord. ***All Pets must be approved by owner***

February 2020 Charlotte Rent Report

Welcome to the February 2020 Charlotte Rent Report. Charlotte rents increased 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.

View full Rent Report

February 2020 Charlotte Rent Report

Welcome to the February 2020 Charlotte Rent Report. Charlotte rents increased 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 rent trends were flat over the past month

Charlotte rents have remained flat over the past month, however, they have increased moderately by 2.6% year-over-year. Currently, median rents in Charlotte stand at $990 for a one-bedroom apartment and $1,154 for a two-bedroom. Charlotte's year-over-year rent growth leads the state average of 2.5%, as well as the national average of 1.6%.

    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, 9 of them have seen prices rise. The state as a whole logged rent growth of 2.5% 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 $1,301; of the 10 largest cities in the state that we have data for, Wilmington, where a two-bedroom goes for $939, is the only major city to see rents fall year-over-year (-1.1%).
    • Cary, Greenville, and Durham have all experienced year-over-year growth above the state average (4.6%, 3.5%, and 3.4%, respectively).

    Charlotte rents more affordable than many other large cities nationwide

    As rents have increased moderately in Charlotte, a few similar cities nationwide have also seen rents grow modestly. Charlotte is still more affordable than most comparable cities across the country.

    • Charlotte's median two-bedroom rent of $1,154 is slightly below the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year compared to the 2.6% increase in Charlotte.
    • While Charlotte's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.7%), Dallas (+2.4%), and Seattle (+1.8%).
    • Renters will find more reasonable prices in Charlotte than most similar cities. For example, San Francisco has a median 2BR rent of $3,090, 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.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Charlotte
    $990
    $1,150
    0.1%
    2.6%
    Concord
    $810
    $950
    0.2%
    1%
    Gastonia
    $700
    $810
    -0.1%
    1.3%
    Rock Hill
    $870
    $1,020
    0.3%
    4.3%
    Huntersville
    $1,190
    $1,380
    0.5%
    5.2%
    Matthews
    $1,220
    $1,430
    0.2%
    4.3%
    Cornelius
    $940
    $1,090
    0.1%
    5.8%
    Fort Mill
    $1,000
    $1,170
    -0.6%
    2.9%
    Pineville
    $1,070
    $1,240
    0.7%
    6.4%
    See More

    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.

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