35 Apartments under 800 for rent in Charlotte, NC

Last updated August 17 at 9:23pm UTC
2625 Greenland Avenue
Ashley Park
Charlotte, NC
Updated August 17 at 9:45am UTC
1 Bedroom
$675
2216 Dundeen Street
Washington Heights
Charlotte, NC
Updated August 15 at 10:12pm UTC
2 Bedrooms
$795
5612 Farm Pond Ln
Farm Pond
Charlotte, NC
Updated August 17 at 5:22pm UTC
1 Bedroom
$775
2602 Dundeen St
Washington Heights
Charlotte, NC
Updated August 17 at 5:19pm UTC
2 Bedrooms
$700
201 S Hoskins Rd
Thomasboro - Hoskins
Charlotte, NC
Updated August 17 at 5:16pm UTC
1 Bedroom
$795
4620 Central Ave
Sheffield Park
Charlotte, NC
Updated August 16 at 5:20pm UTC
1 Bedroom
$700
135 Mellow Dr
Hidden Valley
Charlotte, NC
Updated August 15 at 5:24pm UTC
1 Bedroom
$625
2407 Crestview Dr
Biddleville
Charlotte, NC
Updated August 15 at 5:15pm UTC
2 Bedrooms
$795
1900 Taylor Ave
Washington Heights
Charlotte, NC
Updated August 12 at 5:14pm UTC
2 Bedrooms
$795
1927 Merriman Ave
Wilmore
Charlotte, NC
Updated August 11 at 5:18pm UTC
1 Bedroom
$795
6432 Old Pineville Rd
Montclaire South
Charlotte, NC
Updated August 11 at 5:13pm UTC
1 Bedroom
$750
2540 Carya Pond Lane
Eastland - Wilora Lake
Charlotte, NC
Updated August 11 at 10:15am UTC
2 Bedrooms
$760
3742 Dresden Dr E
Sheffield Park
Charlotte, NC
Updated August 9 at 9:51am UTC
1 Bedroom
$795
4610 Central Ave
Sheffield Park
Charlotte, NC
Updated August 7 at 5:10pm UTC
1 Bedroom
$700
3113 Southwest Blvd
Oakview Terrace
Charlotte, NC
Updated August 7 at 5:09pm UTC
3 Bedrooms
$795
3115 Southwest Blvd
Oakview Terrace
Charlotte, NC
Updated August 2 at 5:20pm UTC
2 Bedrooms
$725
561 Blendwood Dr
Shannon Park
Charlotte, NC
Updated July 26 at 10:07am UTC
2 Bedrooms
$735
2232 Augusta St
Lincoln Heights
Charlotte, NC
Updated July 24 at 5:11pm UTC
2 Bedrooms
$715
1913 Meadowlark Lane, Unit #46
Starmount Forest
Charlotte, NC
Updated July 31 at 9:42am UTC
1 Bedroom
$750

August 2018 Charlotte Rent Report

Welcome to the August 2018 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 Charlotte Rent Report
Rent Report
Charlotte

August 2018 Charlotte Rent Report

Welcome to the August 2018 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 rents increased significantly over the past month

Charlotte rents have increased 0.4% over the past month, and have increased slightly by 1.5% in comparison to the same time last year. Currently, median rents in Charlotte stand at $960 for a one-bedroom apartment and $1,120 for a two-bedroom. This is the sixth straight month that the city has seen rent increases after a decline in January. Charlotte's year-over-year rent growth leads the state average of 0.9%, as well as the national average of 1.2%.

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 0.9% 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 $1,240; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Wilmington experiencing the fastest growth (+2.8%).
  • Winston-Salem, High Point, and Greensboro have all experienced year-over-year growth above the state average (2.5%, 2.5%, and 2.3%, respectively).

Charlotte rents more affordable than many comparable cities nationwide

As rents have increased slightly in Charlotte, similar cities nationwide have seen rents grow more quickly. Charlotte is still more affordable than most other large cities across the country.

  • Charlotte's median two-bedroom rent of $1,120 is below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 1.5% increase in Charlotte.
  • While Charlotte's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.4%).
  • 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 price Median 2BR price M/M price change Y/Y price change
Charlotte $960 $1,120 0.4% 1.5%
Concord $800 $930 -1.1% -3.3%
Gastonia $680 $800 0.8% 1.2%
Rock Hill $830 $970 0.2% -0.4%
Huntersville $1,090 $1,280 0.3% 0.8%
Matthews $1,020 $1,180 0.7% 3.1%
Cornelius $910 $1,060 0.9% 2.3%

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.