Cheap Apartments for Rent in the Cherry Neighborhood of Charlotte, NC from $300 (163 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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415 Flats
Rent Specials
$1,195 - $1,199
Total Monthly Price

Total Monthly Price

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$1,195 - $1,199
Total Monthly Price
$1,195 - $1,199
1 Bedroom Apartments Available Now

415 Flats

415 W 10th StCharlotte, NC 28202
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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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J Optimist Park
Rent Specials
$1,280 - $2,230
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Total Monthly Price

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$1,280 - $2,230
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1 to 2 Bedroom Apartments Available Now

J Optimist Park

1130 N College StCharlotte, NC 28206
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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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Alton Optimist Park
Rent Specials
$1,321 - $4,847
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$1,321 - $4,847
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Studio to 2 Bedroom Apartments Available Now

Alton Optimist Park

1009 N Caldwell StCharlotte, NC 28206
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Asbury Flats
Rent Specials
$1,296 - $2,046
Total Monthly Price

Total Monthly Price

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$1,296 - $2,046
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Studio to 2 Bedroom Apartments Available Now

Asbury Flats

910 Walnut AveCharlotte, NC 28208
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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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Authentic Charlotte: An Insider's Guide to the Queen City's Neighborhoods and Quirks

Moving to Charlotte? Let our local expert guide you through Uptown, South End, NoDa, and the city’s affordable, high-quality life, from banking to barbecue in our Insider's Guide to Charlotte.

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Cherry, Charlotte, NC Local Guide

Cheapest Available Cherry Apartments for Rent

 

The cheapest available apartment rental in the Cherry area of Charlotte, NC is a Studio unit found at Elevate Tryon priced from $825. MAA Gateway has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Cherry apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Elevate Tryon0BR/1.0BAStudio,1BA$825
MAA GatewayStudio 0x1 324-882 SFStudio,1BA$895
MAA UptownStudio 0x1 509-566 SFStudio,1BA$945
708 SummitS2A Studio / One BathStudio,1BA$1,049
Vista CommonsEnclave1BR,1BA$1,075
300 Optimist ParkStudio - 1 BathStudio,1BA$1,115
Edgeline Flats on DavidsonMonorail1BR,1BA$1,125
Alpha Mill0X1-S1Studio,1BA$1,160
One305 CentralStudioBStudio,1BA$1,170
Uptown GardensA11BR,1BA$1,184

Best Value Apartments for Rent in Cherry, NC

As of May 23, 2026 the best value apartment in the Cherry area is the $1.38 price per square foot D1 Model at The Kensington in the in the Biddleville neighborhood starting from $1,853. The second greatest value Cherry apartment is the 3BR/2.0BA Model at Wallace Terrace Apartments starting at $1,435 with a $1.20 price per square foot in the Commonwealth neighborhood. Here is today’s list of the best values for Cherry apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The KensingtonD14BR,2BA$1.38
Wallace Terrace Apartments3BR/2.0BA3BR,2BA$1.20
Flatiron West TradeCypress2BR,2BA$1.46
Salem VillageTwo Bedroom Townhouse2BR,1BA$1.47
ElmhurstTwo Bedroom/TH2BR,1.5BA$1.46
Pines on Wendover Apartment Homes222BR,2BA$1.35
Uptown GardensA21BR,1BA$1.56
Edgeline Flats on DavidsonMonorail1BR,1BA$1.53
Elevate Tryon1BR/1.0BA1BR,1BA$1.41
Vista CommonsEnclave1BR,1BA$1.60

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Cherry, Charlotte, NC

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is proud to bring you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across North Carolina including Cherry, Charlotte, and the greater Charlotte area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Cherry Apartments

What is the Cheapest Studio apartment in Cherry?

Currently the most affordable Cheap Studio Apartment in Cherry is at Elevate Tryon listed at $825.

How much is rent for a Cheap One Bedroom Cherry Apartment?

The lowest price for a Cheap One Bedroom Cherry Apartment is $989 at Elevate Tryon.

What is the lowest price for a Cheap Two Bedroom Cherry Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cherry is starting from $1,295 at Wallace Terrace Apartments.

What is the most affordable Cherry Three Bedroom Apartment?

The best deal on a cheap Cherry Three Bedroom Apartment rental is at Wallace Terrace Apartments and starts from $1,435.

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.

Helpful Local Expert Guides

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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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Experts Guide to the Top Neighborhoods in Charlotte, NC for College Renters

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. Charlotte is an exciting place to live for anyone, but particularly for college students.

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Your Local Experts Guide to Top Neighborhoods to Rent Near Charlottes Big Four Employers

Written by: Carrie Catalano

I'm Carrie, and I've been calling the Charlotte area home for a few years now.

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Authentic Charlotte: An Insider's Guide to the Queen Citys Neighborhoods and Quirks

Written by: Carrie Catalano

Hello from Charlotte, North Carolina! I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, and I'm thrilled to share the inside scoop on this incredible city that I've called home for over a decade.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.