Cheap Apartments for Rent in Charlotte, NC from $300 (713 Rentals)

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Search the lowest-cost Apartments available for rent right now in Charlotte.

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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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.

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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.

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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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Showing Results 1-50, Page 1 of 15

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: 10/01/2025

Current apartment rentals in the Charlotte, NC area range in price from $356 to $27,000 with an overall median price of $5,465. The three Charlotte neighborhoods with the lowest median rent pricing are Laural Park at $1,020, Council Oaks at $785, and Kingswood 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
Laural Park$1,120$1,0201
Council Oaks$1,300$78516
Kingswood$1,300$95016
Tina Village$1,300$78516
Woodhaven$1,300$95016
Crowders View$1,357$95034
Icemorlee$1,425$78540
Lakeview Acres$1,425$78516
Newtowne Estates$1,460$78535
Spencer Mountain Village$1,495$1,1959

Cheapest Available Charlotte Apartments for Rent

 

The cheapest available apartment rental in Charlotte, NC is a Studio unit found at The Drake in the Back Creek Downs neighborhood priced from $165. Bingham Park Apartments in the Eastway neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $590. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The DrakeS1Studio,1BA$165
Bingham Park ApartmentsTwo bedroom2BR,1BA$590
Pleasant View ApartmentsThe Waverly2BR,1BA$634
Seversville Apartments2 Bedroom2BR,1BA$745
Somerset ApartmentsSTUDIO ONE BATHStudio,1BA$764
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$771
The Apartments at Sailboat BayStudioStudio,1BA$789
Walden Station3 Bedroom Handicap1BR,1BA$800
The Flats at ArrowoodA1Studio,1BA$819
Northlake Center Apartments1 Bedroom1BR,1BA$825

Best Value Apartments for Rent in Charlotte, NC

As of October 01, 2025 the best value apartment in the Charlotte area is the $1.01 price per square foot 4BR/3.5BA Model at Towns at Rocky River in the in the Back Creek Downs neighborhood starting from $2,250. The second greatest value Charlotte apartment is the 2 Bedroom Model at Spire Apartments starting at $1,588 with a $0.98 price per square foot in the Back Creek Downs 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$1.01
Spire Apartments2 Bedroom2BR,2BA$0.98
Yugo Charlotte College Downs4 Bed, 4 Bath4BR,4BA$0.47
The Lodge at Mallard Creek ApartmentsB3 - The Fernwood2BR,2BA$1.01
The Union Student LivingC33BR,3BA$0.65
Bingham Park ApartmentsTwo bedroom2BR,1BA$0.61
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.81
Pleasant View ApartmentsThe Waverly2BR,1BA$0.71
Seversville Apartments2 Bedroom2BR,1BA$0.86
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$0.93

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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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.

Pet Friendly Lifestyle
Charlotte, NC

Ranked #1

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Charlotte, NC Rentals by Map

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See the most popular apartments and homes in Charlotte, NC

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Charlotte, NC Apartments Map
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Charlotte, NC Rental Homes Map

Getting Around Charlotte, NC

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

35 / 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 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 $825.

What is the price of a cheap apartment in Charlotte?

The cheapest apartment in Charlotte is The Mezzanine at Freedom Apartments which is listed at $771, while the average apartment in Charlotte costs $5,465.

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 3,937 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 $540 which is $4,925 cheaper than the average rent for all rentals in Charlotte.

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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.