The average apartment rent in Charlotte, NC: August 2022

Posted by:Aleksandr Belov Posted on:Aug 18,2022
The average apartment rent in Charlotte, NC August 2022

Charlotte is the largest city by population in the state of North Carolina. At the moment, the population is about 900,000 people. Charlotte is one of the twenty largest cities in the United States in terms of population. Also the city of Charlotte is one of the most expensive to live in the state of North Carolina. The cost of living here is not as high as in New York, Los Angeles, Boston and other major US cities. The average price to rent a one-bedroom apartment in Charlotte is $1,500 per month (August 2022). One-bedroom apartment rentals are up 14.50% year-on-year. The average rental price for a two-bedroom apartment is $1,720 (+13.20% year-on-year). Rental prices between the cheapest and most expensive neighborhoods of Charlotte are substantial.

The most expensive neighborhoods in Charlotte, NC include Ashbrook – Clawson Village ($2,300/month for one-bedroom apartment), Wilmore ($2,120/month) and Commonwealth ($1,935/month).

The cheapest neighborhoods in Charlotte, NC include Westchester ($610/month for one-bedroom apartment), Stonehaven ($675/month) and Back Creek Church Road ($750/month).

Average rent for a 1-bedroom apartment in Charlotte, NC

Average 1 bedroom rent price (August 2022) = $1,500/per month
Month-over-Month Price Change Rent (M/M %)
1.4%
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
14.5%

Average rent for a 2-bedroom apartment in Charlotte, NC

Average 2 bedroom rent price (August 2022) = $1,720/per month
Month-over-Month Price Change Rent (M/M %)
1.8%
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
13.2%

The 5 Expensive Neighborhoods in Charlotte, NC: August 2022 (one-bedroom apartment)

1. Ashbrook - Clawson Village
$2,300/month
2. Wilmore
$2,120/month
3. Commonwealth
$1,935/month
4. Second Ward
$1,930/month
5. The South End
$1,880/month

The 5 Cheapest Neighborhoods in Charlotte, NC: August 2022 (one-bedroom apartment)

1. Westchester
$610/month
2. Stonehaven
$675/month
3. Back Creek Church Road
$750/month
4. Sugaw Creek and Enderly Park
$795/month
5. Shannon Park
$800/month

Aleksandr Belov

Author and editor of the ultramodern-hotels.com blog

You must be logged in to post a comment