
Cheap Apartments for Rent in the College Downs Neighborhood of Charlotte, NC from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the College Downs area of Charlotte.


1533 Bonnie Ln

Room in Townhome on Bunclody Dr

Room in Townhome on Lex Dr

Wexford Apartment Homes
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.

342 Orchard Trace Ln

Magnolia Terrace

TOWNES AT UNIVERSITY

Vivo Living Charlotte University

Flats at 87Ten
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.

Pavilion at UC

1914 Bonnie Ln

7439 Old Concord Rd

1335 Farmfield Ln
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.
College Downs, Charlotte, NC Local Guide

How much does it cost to rent an apartment in College Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| College Downs Studio Apartments | $1,244 | $815 | $1,750 | 
| College Downs 1 Bedroom Apartments | $1,354 | $625 | $4,207 | 
| College Downs 2 Bedroom Apartments | $1,658 | $919 | $4,248 | 
| College Downs 3 Bedroom Apartments | $1,839 | $740 | $3,581 | 
| College Downs 4 Bedroom Apartments | $977 | $499 | $2,250 | 
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the College Downs Neighborhood of Charlotte, NC.
See all Apartments in CharlotteExplore Charlotte
College Downs, Charlotte, NC Local Guide
- Nearby Charlotte neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available College Downs Apartments for Rent
 The cheapest available apartment rental in the College Downs area of Charlotte, NC is a 1 Bed unit found at Walden Station priced from $800. Wexford Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $855. Here are the most affordable College Downs apartments for rent in Charlotte, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Walden Station | 3 Bedroom Handicap | 1BR,1BA | $800 | 
| Wexford Apartment Homes | Studio | Studio,1BA | $855 | 
| Commons at University Square | A2 | 1BR,1BA | $865 | 
| Magnolia Terrace | 1B | 1BR,1BA | $941 | 
| Flats at 87Ten | The Mint | Studio,1BA | $999 | 
Best Value Apartments for Rent in College Downs, NC
As of October 31, 2025 the best value apartment in the College Downs 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 College Downs apartment is the 4 Bed, 4 Bath Model at Yugo Charlotte College Downs starting at $769 with a $0.51 price per square foot in the Back Creek Downs neighborhood. Here is today’s list of the best values for College Downs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| Towns at Rocky River | 4BR/3.5BA | 4BR,3.5BA | $1.01 | 
| Yugo Charlotte College Downs | 4 Bed, 4 Bath | 4BR,4BA | $0.51 | 
| Newell Village | Kent | 3BR,2.5BA | $1.25 | 
| The Union Student Living | C3 | 3BR,3BA | $0.59 | 
| Magnolia Terrace | 3A | 3BR,2BA | $1.27 | 
| MAA City Grand | 22A | 2BR,2BA | $1.39 | 
| Halton Park | Stanley | 2BR,2BA | $1.22 | 
| Avana Avebury | Aberdeen | 1BR,1BA | $1.35 | 
| Commons at University Square | A1 | 1BR,1BA | $1.32 | 
| University Townhomes at Charlotte | 4 Bedroom First Floor | 4BR,4BA | $1.37 | 
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleTop 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
Read ArticleQuick 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.
Pet Friendly LifestyleCollege Downs, Charlotte, NC
Ranked #60
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in College Downs, Charlotte, NC
Educators Early College @ Uncc
School data provided by Great Schools
Lifestyle Ratings
Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Northeastern Charlotte, NC. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Getting Around the College Downs Neighborhood in Charlotte, NC
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
32 / 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 College Downs Apartments
What is a cheap apartment in College Downs?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Downs is under $1,051.
What is the price of a cheap apartment in College Downs?
The cheapest apartment in College Downs is Walden Station which is listed at $800, while the average apartment in College Downs costs $1,721.
What types of apartments are the cheapest in College Downs?
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 92 regular apartments in College Downs 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 College Downs?
Cheap apartments in College Downs have an average cost of $404 which is $1,317 cheaper than the average rent for all rentals in College Downs.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
