The average apartment rent in Charlotte, NC: October 2022

Charlotte is the largest city in the state of North Carolina with a population of approximately 900,000. To date, the city of Charlotte is one of the twenty largest cities in the United States. However, in terms of cost of living, Charlotte is one of the most affordable major cities in the US. This is explained by the relatively low prices for renting apartments. In this article, we look at the average rental prices for one and two bedroom apartments in Charlotte, NC for October 2022. The average cost of renting a one-bedroom apartment in Charlotte is $1,500 per month. One-bedroom apartment rentals are up 4.20% year-on-year (October 2021 to October 2022). You can rent a two-bedroom apartment for an average of $1,720 per month (+3.60% year-on-year). University City North is Charlotte’s most popular neighborhood in terms of listings for apartment rentals. You can rent a one-bedroom apartment in the University City North area for an average of $1,380 per month.

Charlotte’s most affordable neighborhoods include Back Creek Church Road ($750/month for one-bedroom apartment), Sugaw Creek ($795/month) and East Forest ($1,005/month).

Charlotte’s most expensive neighborhoods include The South End ($1,950/month), Dilworth ($1,795/month) and Myers Park ($1,785/month).