Rental market snapshot for Charlotte, North Carolina

Charlotte, North Carolina Rental Property Market Overview

Charlotte, North Carolina is the largest city in the state, with a population of 879,709 as of 2021 according to the US Census. It is a vibrant city with a diverse culture, offering a variety of activities and attractions for visitors and locals alike. From its bustling downtown area to its many parks and green spaces, Charlotte has something for everyone. The city is home to a number of professional sports teams, museums, and cultural institutions, as well as a thriving business community. With its mild climate, Charlotte is a great place to live and work.

The average rent for an apartment in Charlotte is $1,833. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.84% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Charlotte North Carolina | Cost of Living

  • The most expensive ZIP Code in Charlotte is 28207 with an average price of $4,000
  • The cheapest ZIP Code in Charlotte is 28205 with an average price of $1,495

Charlotte ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
128207$4,000
228217$2,450
328278$2,110
428277$2,075
528203$2,001
628211$1,965
728273$1,950
828202$1,939
928270$1,920
1028213$1,910

Live near Charlotte, North Carolina's Top Sights and Attractions

Ribbonwalk Nature Preserve is a beautiful outdoor area located in the heart of North Carolina. It features a variety of trails and boardwalks that wind through lush forests, meadows, and wetlands. Visitors can explore the area on foot or by bike, and take in the sights of the diverse wildlife that inhabits the area. There are also several picnic areas and observation decks scattered throughout the preserve, providing the perfect spot to relax and take in the natural beauty of the area.

Firestone Community Park is a sprawling outdoor recreation area located in Charlotte, North Carolina. It features a variety of amenities, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also has a variety of sports fields, including baseball, softball, and soccer fields. Visitors can also enjoy a variety of recreational activities, such as fishing, kayaking, and canoeing. The park is also home to a variety of wildlife, including birds, turtles, and other animals. Firestone Community Park is a great place to spend a day outdoors and enjoy the beauty of nature.

Briar Creek Greenway is a 3.1 mile long urban trail located in Charlotte, North Carolina. It is a multi-use trail that is perfect for walking, running, biking, and rollerblading. The trail is lined with trees and offers scenic views of the creek and surrounding nature. It is a great place to take a leisurely stroll or to get some exercise. There are also several benches and picnic tables along the trail for visitors to enjoy.

This attraction is a historical marker that commemorates the first NASCAR race held at Charlotte Motor Speedway in 1960. It is located in the infield of the speedway and features a bronze plaque with an image of the original track. The marker also includes a timeline of the speedway's history, from its opening in 1960 to the present day. Visitors can also take a tour of the speedway and learn about its history and the many races that have been held there.

Mallard Creek Regional Park is a sprawling outdoor recreation area located in Charlotte, North Carolina. It features a variety of activities, including hiking, biking, fishing, and picnicking. The park also has a large lake, which is perfect for swimming, canoeing, and kayaking. There are also several playgrounds, a disc golf course, and a dog park. The park is also home to a variety of wildlife, including deer, turtles, and birds. With its lush greenery and peaceful atmosphere, Mallard Creek Regional Park is a great place to spend a day outdoors.

Mallard Creek Greenway is a scenic 4.5 mile long trail located in Charlotte, North Carolina. It is a popular spot for walking, running, biking, and rollerblading. The trail is lined with trees and shrubs, providing plenty of shade and a peaceful atmosphere. It also features several bridges, a lake, and a playground. The trail is well-maintained and offers plenty of opportunities for wildlife viewing.

Myers Park is a beautiful neighborhood located in Charlotte, North Carolina. It is known for its large, historic homes, lush gardens, and tree-lined streets. The area is home to many parks, including Freedom Park, which features a lake, walking trails, and a playground. The neighborhood is also home to a variety of shops, restaurants, and galleries, making it a popular destination for locals and visitors alike.

Renaissance Golf Course is a championship 18-hole golf course located in the rolling hills of North Carolina. The course features a variety of challenging holes, including a signature par-3 island green. The course is surrounded by lush forests and offers stunning views of the surrounding countryside. The course is well-maintained and offers a variety of amenities, including a pro shop, driving range, and practice putting green. The course is open to the public and offers a variety of golf packages for all skill levels.

Carolina Theatre Park is a vibrant outdoor space located in the heart of Charlotte. It features a large amphitheater, a stage for live performances, a fountain, and a variety of sculptures and artwork. The park is a popular spot for locals and visitors alike, offering a tranquil escape from the hustle and bustle of the city. Visitors can enjoy a picnic lunch, take a leisurely stroll, or simply relax and take in the beauty of the park. With its lush landscaping and stunning views, Carolina Theatre Park is a must-see destination for anyone visiting Charlotte.

Long Creek Greenway is a scenic, 3.2-mile long trail located in the heart of Charlotte. It is a popular spot for outdoor activities such as walking, running, biking, and rollerblading. The trail is lined with trees and features several bridges, a pond, and a waterfall. It is a great place to relax and enjoy nature, with plenty of wildlife to observe.

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Charlotte, North Carolina area median rent change by ZIP Code map

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How does Charlotte compare to other cities in North Carolina ?

citymedian price
Wilmington$1,794
Fayetteville$1,300
Winston-salem$1,600
Smithfield$1,745
Raleigh$1,830
Fayetteville$1,135
Cary$1,759

Average household income in Charlotte area graph - US Census

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The median household income in Charlotte in 2021 was $65,359. This represents a 23.0% change from 2011 when the median was $53,146.

#categorypercent
0Less than $10,0004.8%
1$10,000 to $14,9993.4%
2$15,000 to $19,9993.5%
3$20,000 to $24,9993.8%
4$25,000 to $29,9994.1%
5$30,000 to $34,9995.0%
6$35,000 to $39,9994.6%
7$40,000 to $44,9994.8%
8$45,000 to $49,9993.9%
9$50,000 to $59,9998.4%
10$60,000 to $74,99910.0%
11$75,000 to $99,99912.7%
12$100,000 to $124,9999.1%
13$125,000 to $149,9995.8%
14$150,000 to $199,9996.6%
15$200,000 or more9.7%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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