Cheap Homes for Rent in Charlotte, NC from $400 (188 Rentals)

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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!

property at 3426 Bonaire Dr

3426 Bonaire Dr

CharlotteNC28208
property at 1900 Lasalle St

1900 Lasalle St

CharlotteNC28216

Charlotte, NC Local Guide

Cheapest Neighborhoods for Apartments in Charlotte, NC

Pricing Updated: 04/24/2025

Current apartment rentals in the Charlotte, NC area range in price from $356 to $15,171 with an overall median price of $2,626. The three Charlotte neighborhoods with the lowest median rent pricing are South Corban Avenue at $975, Logan at $1,063, and South Historic Concord at $975. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Charlotte Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Corban Avenue$975$9751
Logan$1,550$1,06322
South Historic Concord$1,550$97526
Short Street$1,600$1,06329
Cherry Park$1,629$92589
Stonewood$1,629$1,15077
Brookdale$1,647$72588
Country Club Estates York$1,682$1,2159
Canterbury$1,695$85021
Capitol Drive$1,700$595391

Cheapest Available Charlotte Apartments for Rent

 

The cheapest available apartment rental in Charlotte, NC is a Studio unit found at Wexford Apartment Homes in the Back Creek Downs neighborhood priced from $845. Vivo Living Arbor View in the Clanton Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wexford Apartment HomesStudioStudio,1BA$845
Vivo Living Arbor ViewStudioStudio,1BA$849
Archdale Senior1 Bedroom One Bathroom1BR,1BA$850
GreenRock EstatesThe Tillery1BR,1BA$899
The Mezzanine at Freedom ApartmentsAshley2BR,2BA$910
The Apartments at Sailboat BayStudioStudio,1BA$915
Park Creek ApartmentsBirch Garden Style Apartment1BR,1BA$920
Terrace View1BD/1BA White Cabient (Silver Unit)1BR,1BA$925
Seneca Woods Apartments2 Bedroom2BR,1BA$927
The PinesThe Fairview1BR,1BA$935

Best Value Apartments for Rent in Charlotte, NC

As of April 24, 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 8314 Scarlet Oak Ct Model at 8314 Scarlet Oak Ct, Unit Scarlet #2 starting at $1,645 with a $1.00 price per square foot in the East Charlotte 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
8314 Scarlet Oak Ct, Unit Scarlet #28314 Scarlet Oak Ct2BR,1BA$1.00
Spire Apartments2 Bedroom2BR,2BA$1.02
The Union Student LivingC33BR,3BA$0.59
The Mezzanine at Freedom ApartmentsAshley2BR,2BA$0.79
Pines on Wendover Apartment Homes222BR,2BA$1.10
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.81
Yugo Charlotte College Downs2 Bed, 2 Bath Classic2BR,2BA$1.11
Millennium OneB12BR,2BA$1.05
Seneca Woods Apartments2 Bedroom2BR,1BA$1.09

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Frequently Asked Questions about Charlotte

What type of rentals are currently available in Charlotte?

There are currently 1630 Apartments for Rent in Charlotte, NC with pricing that ranges from $430 to $19,480. There are also 2278 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlotte ranging from $235 to $15,000.

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 $235 to $15,000 with an average monthly rent of $2,518.

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 $15,171, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,499 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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.