Cheap Apartments for Rent in the College Downs Neighborhood of Charlotte, NC from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the College Downs area of Charlotte.

Charlotte's Best Affordable Neighborhoods

Learn about Charlotte and the best places to live with original content written by our Charlotte, NC Local Expert Carrie Catalano!

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Meadowbrook Apartments
1 to 3 Bedroom Apartments

Meadowbrook Apartments

2320 Ginger LnCharlotte, NC 28213
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TOWNES AT UNIVERSITY
1 to 3 Bedroom Apartments

TOWNES AT UNIVERSITY

336 Blackhawk RdCharlotte, NC 28213
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Walden Court Apartments
Studio to 2 Bedroom Apartments

Walden Court Apartments

9115 Olmsted DrCharlotte, NC 28262
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Showing Results 1-24, Page 1 of 1

College Downs, Charlotte, NC Local Guide

Cheapest Available College Downs Apartments for Rent

 

The cheapest available apartment rental in the College Downs area of Charlotte, NC is a 1 Bed unit found at TOWNES AT UNIVERSITY priced from $889. Vivo Living Charlotte University has the second lowest priced unit, which is a Studio apartment currently listed from $959. Here are the most affordable College Downs apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
TOWNES AT UNIVERSITYAlexander1BR,1BA$889
Vivo Living Charlotte UniversityStudioStudio,1BA$959
Commons at University SquareA11BR,1BA$965
Wexford Apartment HomesStudioStudio,1BA$985
Pavilion at UCStudio Standard - Call For AvailabilityStudio,1BA$1,000

Best Value Apartments for Rent in College Downs, NC

As of April 14, 2025 the best value apartment in the College Downs area is the $1.38 price per square foot Carlisle Model at Avana Avebury in the in the Back Creek Downs neighborhood starting from $2,062. The second greatest value College Downs apartment is the Kent Model at Newell Village starting at $2,099 with a $1.43 price per square foot in the Mineral Springs neighborhood. Here is today’s list of the best values for College Downs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avana AveburyCarlisle3BR,2BA$1.38
Newell VillageKent3BR,2.5BA$1.43
The Union Student LivingC33BR,3BA$0.59
Maple RunThe Elizabeth3BR,2BA$1.25
Halton ParkMasters2BR,2BA$1.39
Mallard CreekThe Mallard2BR,2BA$1.45
TOWNES AT UNIVERSITYLexington2BR,1.5BA$1.41
Yugo Charlotte College Downs2 Bed, 2 Bath Classic2BR,2BA$1.11
Millennium OneB12BR,2BA$1.14
Commons at University SquareA11BR,1BA$1.42

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Pet Friendly Lifestyle
College Downs, Charlotte, NC

Ranked #60

Among neighborhoods in Charlotte, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
College Downs, Charlotte, NC

School data provided by Great Schools

Lifestyle Ratings

Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Northeastern Charlotte, NC. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the College Downs Neighborhood in Charlotte, NC

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap College Downs Apartments

What is a cheap apartment in College Downs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Downs is under $1,107.

What is the price of a cheap apartment in College Downs?

The cheapest apartment in College Downs is TOWNES AT UNIVERSITY which is listed at $889, while the average apartment in College Downs costs $2,018.

What types of apartments are the cheapest in College Downs?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 89 regular apartments in College Downs that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in College Downs?

Cheap apartments in College Downs have an average cost of $397 which is $1,621 cheaper than the average rent for all rentals in College Downs.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods in Charlotte, NC

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. I moved to the Triangle area of North Carolina in the summer of 2024 and have been exploring the state since.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.