Cheap Homes for Rent in Charlotte, NC from $400 (215 Rentals)

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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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Charlotte, NC Local Guide

Cheapest Neighborhoods for Apartments in Charlotte, NC

Pricing Updated: 04/10/2025

Current apartment rentals in the Charlotte, NC area range in price from $356 to $14,442 with an overall median price of $2,610. The three Charlotte neighborhoods with the lowest median rent pricing are Canterbury at $850, Logan at $1,063, and South Historic Concord at $1,063. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Charlotte Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Canterbury$1,325$85017
Logan$1,548$1,06315
South Historic Concord$1,548$1,06318
Brookdale$1,590$725134
Cherry Park$1,629$92596
Stonewood$1,639$1,15076
Short Street$1,653$1,06323
Traton Woods$1,654$1,01099
Old Earnhardt$1,675$96071
Bryan Mews$1,684$1,6692

Cheapest Available Charlotte Apartments for Rent

 

The cheapest available apartment rental in Charlotte, NC is a 2 Beds unit found at Northlake Center Apartments in the Norwood at McIntyre neighborhood priced from $430. Evoke Living at Eastland Yards in the Eastland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $507. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northlake Center Apartments2 Bedroom2BR,1BA$430
Evoke Living at Eastland YardsOne Bedroom - A1BR,1BA$507
Vivo Living Arbor ViewStudioStudio,1BA$849
Archdale Senior1 Bedroom One Bathroom1BR,1BA$850
Vivo Living Charlotte UniversityStudioStudio,1BA$850
GreenRock EstatesThe Tillery1BR,1BA$899
The Flats at ArrowoodA1P1BR,1BA$899
Wexford Apartment HomesStudioStudio,1BA$905
The Mezzanine at Freedom ApartmentsAshley2BR,2BA$910
The Apartments at Sailboat BayStudioStudio,1BA$915

Best Value Apartments for Rent in Charlotte, NC

As of April 10, 2025 the best value apartment in the Charlotte area is the $1.07 price per square foot Nolan Model at Smith Farms in the in the Highland Creek neighborhood starting from $2,323. The second greatest value Charlotte apartment is the Emery Model at Newton Creek starting at $1,850 with a $1.06 price per square foot in the Farm Pond neighborhood. Here is today’s list of the best values for Charlotte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Smith FarmsNolan4BR,3.5BA$1.07
Newton CreekEmery3BR,2.5BA$1.06
8314 Scarlet Oak Ct, Unit Scarlet #28314 Scarlet Oak Ct2BR,1BA$1.00
Spire Apartments2 Bedroom2BR,2BA$1.02
Aspen Heights University CityBoulder4BR,4BA$0.65
The Union Student LivingC33BR,3BA$0.59
The Mezzanine at Freedom ApartmentsAshley2BR,2BA$0.79
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.81
Seneca Woods Apartments2 Bedroom2BR,1BA$1.09
Evoke Living at Eastland YardsOne Bedroom - A1BR,1BA$0.68

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Frequently Asked Questions about Charlotte

What type of rentals are currently available in Charlotte?

There are currently 1601 Apartments for Rent in Charlotte, NC with pricing that ranges from $369 to $14,442. There are also 2267 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlotte ranging from $499 to $12,000.

What is the current price range for Rental Homes in Charlotte?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Charlotte ranges from $499 to $12,000 with an average monthly rent of $2,232.

How much are larger Three and Four Bedroom Rentals in Charlotte?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Charlotte range from $740 to $14,442, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,075 and Four Bedroom Apartments start at $725.

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.