Cheap Homes for Rent in Third Ward Neighborhood of Charlotte, NC from $1,200 (29 Rentals)

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Search the lowest-cost Homes available for rent right now in the Third Ward area of Charlotte.

property at 505 E 6th St

505 E 6th St

CharlotteNC28202

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 434 W 8th St

434 W 8th St

CharlotteNC28202

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 300 S Cedar St

300 S Cedar St

CharlotteNC28202
property at 718 W Trade St

718 W Trade St

CharlotteNC28202

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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 210 N Church St

210 N Church St

CharlotteNC28202

Third Ward, Charlotte, NC Local Guide

Cheapest Available Third Ward Apartments for Rent

 

The cheapest available apartment rental in the Third Ward area of Charlotte, NC is a Studio unit found at Link Apartments® CYKEL priced from $1,099. Four One Five Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,160. Here are the most affordable Third Ward apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Link Apartments® CYKELS1-AStudio,1BA$1,099
Four One Five FlatsOne Bedroom Flat1BR,1BA$1,160
MAA UptownStudio 0x1 509-566 SFStudio,1BA$1,222
MAA GatewayStudio 0x1 516-669 SFStudio,1BA$1,265
Centric Gateway1A1BR,1BA$1,266
ArloTrade1BR,1BA$1,269
Asbury FlatsA11BR,1BA$1,320
The AscherS4Studio,1BA$1,323
Cadence Music FactoryA11BR,1BA$1,325
Loft One35A0Studio,1BA$1,335

Best Value Apartments for Rent in Third Ward, NC

As of May 12, 2025 the best value apartment in the Third Ward area is the $1.81 price per square foot 3x2L Model at The Kensington Apartments in the in the Biddleville neighborhood starting from $2,420. The second greatest value Third Ward apartment is the 22H Model at MAA Enclave starting at $2,023 with a $1.59 price per square foot in the Elizabeth neighborhood. Here is today’s list of the best values for Third Ward apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Kensington Apartments3x2L3BR,2BA$1.81
MAA Enclave22H2BR,2BA$1.59
The Mint 4252DR2BR,2BA$1.99
Centric Gateway1C1BR,1BA$1.74
Asbury FlatsA41BR,1BA$1.83
Uptown GardensA21BR,1BA$2.07
Cadence Music FactoryA31BR,1BA$2.08
The CalvertA21BR,1BA$2.00
Four One Five FlatsOne Bedroom Flat1BR,1BA$1.73
MAA GatewayStudio 0x1 516-669 SFStudio ,1BA$1.93

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.

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Frequently Asked Questions about Third Ward

What type of rentals are currently available in Third Ward?

There are currently 112 Apartments for Rent in Third Ward, NC with pricing that ranges from $645 to $13,500. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Third Ward ranging from $1,200 to $5,400.

What is the current price range for Rental Homes in Third Ward?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Third Ward ranges from $1,200 to $5,400 with an average monthly rent of $2,744.

How much are larger Three and Four Bedroom Rentals in Third Ward?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Third Ward range from $845 to $13,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,795 and Four Bedroom Apartments start at $2,320.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.