Cheap Apartments for Rent in Charlotte, NC from $300 (757 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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.

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.

Charlotte, NC Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Charlotte, NC

Pricing Updated: 01/13/2026

Current apartment rentals in the Charlotte, NC area range in price from $356 to $33,600 with an overall median price of $5,845. The three Charlotte neighborhoods with the lowest median rent pricing are Nevin Community at $963, Laural Park at $1,030, and Crowders View at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Charlotte Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Nevin Community$963$9631
Laural Park$1,149$1,0303
Crowders View$1,346$95034
Lakeview Acres$1,450$85029
Back Creek Church Road$1,472$750141
Council Oaks$1,475$85017
Icemorlee$1,475$85052
Newtowne Estates$1,475$85046
Tina Village$1,475$85017
Williams$1,475$85059

Cheapest Available Charlotte Apartments for Rent

 

The cheapest available apartment rental in Charlotte, NC is a Studio unit found at Union at Tryon in the Mineral Springs neighborhood priced from $498. Archdale Senior in the Yorkmount neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $535. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union at TryonStudio, 1 Bath, 521 Sq. Ft.Studio,1BA$498
Archdale SeniorA2.1-30%-PBV-TU1BR,1BA$535
Pleasant View ApartmentsThe Waverly2BR,1BA$624
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$771
The Apartments at Sailboat BayStudioStudio,1BA$789
Walden Station3 Bedroom Handicap1BR,1BA$800
Somerset ApartmentsSTUDIO ONE BATHStudio,1BA$802
The Flats at ArrowoodA1Studio,1BA$819
Vivo Living Arbor ViewSTDO - StudioStudio,1BA$849
The Kelston111BR,1BA$859

Best Value Apartments for Rent in Charlotte, NC

As of January 13, 2026 the best value apartment in the Charlotte area is the $1.06 price per square foot 4BR/3.5BA Model at Towns at Rocky River in the in the Back Creek Downs neighborhood starting from $2,350. The second greatest value Charlotte apartment is the Borewick Model at Cedar Ridge Townhomes starting at $2,413 with a $1.18 price per square foot in the Griers Fork 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.
Towns at Rocky River4BR/3.5BA4BR,3.5BA$1.06
Cedar Ridge TownhomesBorewick3BR,2.5BA$1.18
The Grove ResidencesAshley3BR,2.5BA$1.14
Spire Apartments2 Bedroom2BR,2BA$1.02
The Alexander Apartment HomesThe Wingate3BR,2BA$1.15
Maple RunThe Selwyn2BR,2BA$1.01
Yugo Charlotte College Downs2 Bed, 2 Bath Standard2BR,2BA$0.89
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.85
Pleasant View ApartmentsThe Waverly2BR,1BA$0.70
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$0.93

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top Neighborhoods Near Charlotte Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Charlotte, NC | Find Charlotte Off-Campus Student Housing at ApartmentHomeLiving.com

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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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Charlotte Overview

Ready to learn something new about the City of Trees? Well, if you are an outdoorsy, active, spiritual and can-do type of person, you are going to love calling Charlotte your new home. With beautiful weather all year round, low cost of living, excellent health care, beautiful homes, rich culture and great southern hospitality, Charlotte is one of the best cities to live in especially if you have a young family.

Why live in Charlotte, NC?

Charlotte is one of the most vibrant cities in North Carolina that offers the best outdoor activities. For one, the Queen City enjoys one of the best weathers in all of America. Though the summers can be really hot and humid, it’s only a great excuse to go about and take a dip or enjoy the numerous watersport activities in Charlotte.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Charlotte Apartments

What is a cheap apartment in Charlotte?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Charlotte is under $859.

What is the price of a cheap apartment in Charlotte?

The cheapest apartment in Charlotte is Archdale Senior which is listed at $535, while the average apartment in Charlotte costs $5,845.

What types of apartments are the cheapest in Charlotte?

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 5,858 regular apartments in Charlotte 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 Charlotte?

Cheap apartments in Charlotte have an average cost of $543 which is $5,302 cheaper than the average rent for all rentals in Charlotte.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.