Cheap Apartments for Rent in the Commonwealth Neighborhood of Charlotte, NC from $300 (87 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Commonwealth 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!

Read Article
close
View Me
1442 Academy St
$1,1952 Bedroom, 1 Bath RentalsAvailable Now

1442 Academy St

Charlotte, NC 28205
View Details
close
View Me
1615 Fulton Ave
$1,1951 Bedroom, 1 Bath RentalsAvailable Now

1615 Fulton Ave

Charlotte, NC 28205
View Details
close
View Me
428 Hawthorne Ln
$1,1951 Bedroom, 1 Bath RentalsAvailable Now

428 Hawthorne Ln

Charlotte, NC 28204
View Details
close
View Me
1619 Fulton Ave
$1,1951 Bedroom, 1 Bath RentalsAvailable Now

1619 Fulton Ave

Charlotte, NC 28205
View Details
close
View Me
3818 Winfield Dr
$1,2952 Bedroom, 1 Bath RentalsAvailable Now

3818 Winfield Dr

Charlotte, NC 28205
View Details
close
View Me
2010 N Brevard St
$1,2951 Bedroom, 1 Bath RentalsAvailable Now

2010 N Brevard St

Charlotte, NC 28206
View Details
Showing Results 1-50, Page 1 of 2

Commonwealth, Charlotte, NC Local Guide

Cheapest Available Commonwealth Apartments for Rent

 

The cheapest available apartment rental in the Commonwealth area of Charlotte, NC is a Studio unit found at Elevate at Tryon- Unique Uptown Living priced from $845. Aurora has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Commonwealth apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Elevate at Tryon- Unique Uptown LivingStudioStudio,1BA$845
Aurora0-StudioStudio,1BA$915
Vista CommonsEnclave1BR,1BA$1,099
Summit on CentralCrowders1BR,1BA$1,143
JoineryS1Studio,1BA$1,148
The Residences at WindsorFurnished StudioStudio,1BA$1,150
Four One Five FlatsOne Bedroom Flat1BR,1BA$1,160
Ashby GardensOne Bedroom Townhome2BR,1BA$1,200
Berkshire DilworthLennoxStudio,1BA$1,209
Dunloe CharlotteA1 - 1 Bedroom / 1 Bath1BR,1BA$1,230

Best Value Apartments for Rent in Commonwealth, NC

As of February 21, 2025 the best value apartment in the Commonwealth area is the $1.44 price per square foot 2 Bed/2 Bath Model at The Lofts at Hawthorne Mill in the in the Elizabeth neighborhood starting from $1,685. The second greatest value Commonwealth apartment is the 2 bed/2bath Model at Wallace Terrace Apartments starting at $1,295 with a $1.18 price per square foot in the Commonwealth neighborhood. Here is today’s list of the best values for Commonwealth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lofts at Hawthorne Mill2 Bed/2 Bath2BR,2BA$1.44
Wallace Terrace Apartments2 bed/2bath2BR,2BA$1.18
Ashby Gardens2 Bedroom/ 1.5 Bath Townhome2BR,1.5BA$1.47
Eastover Ridge ApartmentsA51BR,1BA$1.45
Country Club Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.52
Vyne on CentralB12BR,1BA$1.67
Summit on CentralCrowders1BR,1BA$1.59
Vista CommonsEnclave1BR,1BA$1.64
Four One Five FlatsOne Bedroom Flat1BR,1BA$1.73
Aurora0-StudioStudio ,1BA$1.66

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Commonwealth, Charlotte, NC

Ranked #36

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Commonwealth, Charlotte, NC

School data provided by Great Schools

Best Local Schools in
Commonwealth, Charlotte, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Charlotte. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, places that make kids happy, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Commonwealth Neighborhood in Charlotte, NC

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

48 / 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 Commonwealth Apartments

What is the Cheapest Studio apartment in Commonwealth?

Currently the most affordable Cheap Studio Apartment in Commonwealth is at Elevate at Tryon- Unique Uptown Living listed at $845.

How much is rent for a Cheap One Bedroom Commonwealth Apartment?

The lowest price for a Cheap One Bedroom Commonwealth Apartment is $1,099 at Vista Commons.

What is the lowest price for a Cheap Two Bedroom Commonwealth Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Commonwealth is starting from $1,200 at Ashby Gardens.

What is the most affordable Commonwealth Three Bedroom Apartment?

The best deal on a cheap Commonwealth Three Bedroom Apartment rental is at Wallace Terrace Apartments and starts from $1,395.

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.

decorative image for The 10 Best Affordable Neighborhoods in Charlotte, NC article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.