Rental market snapshot for North Charlotte, Charlotte

North Charlotte rental market summary

The rental market in North Charlotte, North Carolina is showing signs of growth. In July of 2023, there were 93 new listings, a significant increase from the previous month. The median rent for the area also increased from $1,773 in June of 2023 to $1,765 in July of 2023, a decrease of .5%. This is a much smaller decrease than the 9.2% decrease from July of 2022 to July of 2023. This indicates that the rental market in North Charlotte is continuing to grow and become more stable.

Overall, the rental market in North Charlotte is showing signs of growth and stability. With the increase in new listings and the decrease in median rent, it is clear that the area is becoming more attractive to potential renters. This is great news for those looking to rent in the area, as it means that they will have more options and better prices. With the rental market continuing to grow and stabilize, North Charlotte is becoming an increasingly attractive option for renters.

Median rent for all residential properties in North Charlotte

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The most expensive listings and top trending buildings in North Charlotte

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Bedroom Breakdown in North Charlotte

Studio
$1,482
MEDIAN RENT
1 Bedroom
$1,765
MEDIAN RENT
2 Bedroom
$2,386
MEDIAN RENT

North Charlotte neighborhood apartments rents

The rental market for studios in North Charlotte, North Carolina, is relatively stable. In July 2023, there were 8 new studio listings, with a median rent of $1,482. This is only a slight decrease of .1% from the median rent of $1,484 in June 2023. This indicates that the rental market for studios in North Charlotte is relatively steady, with only minor fluctuations in rent prices.

The rental market for 1-bedroom apartments in North Charlotte, North Carolina is showing signs of stability. In July 2023, there were 20 new 1-bedroom listings, and the median rent for 1-bedroom apartments remained relatively unchanged from June 2023, with a 1.0% decrease. This suggests that the rental market is not experiencing any major fluctuations, and that the demand for 1-bedroom apartments is steady.

The rental market for 2-bedroom apartments in North Charlotte, North Carolina is showing signs of growth. In July 2023, there were 10 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $2,386, which is an 8.1% increase from the median rent in June 2023 of $2,208. This indicates that the rental market for 2-bedroom apartments in North Charlotte is on the rise and is likely to continue to increase in the coming months.

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.

As of 2023-07-31, the median rent in North Charlotte is $1,765.
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