Cheap Apartments for Rent in the College Downs Neighborhood of Charlotte, NC from $400 (32 Rentals)

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

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Meadowbrook Apartments
1 to 3 Bedroom Apartments

Meadowbrook Apartments

2320 Ginger LnCharlotte, NC 28213
  • Utilities Included
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Platform Lofts
2 to 4 Bedroom Apartments

Platform Lofts

1240 Merrick StCharlotte, NC 28213

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.

College Downs, Charlotte, NC Local Guide

Cheapest Available College Downs Apartments for Rent

 

The cheapest available apartment rental in the College Downs area of Charlotte, NC is a Studio unit found at Union at Tryon priced from $498. Walden Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable College Downs apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Union at TryonStudio, 1 Bath, 521 Sq. Ft.Studio,1BA$498
Walden Station3 Bedroom Handicap1BR,1BA$800
TOWNES AT UNIVERSITYMadison1BR,1BA$871
Commons at University SquareA11BR,1BA$942
Vivo Living Charlotte UniversitySTDO - StudioStudio,1BA$949
Pavilion at UCStudio Standard - Call For AvailabilityStudio,1BA$950
Flats at 87TenThe MintStudio,1BA$999
Vivo Living Charlotte (Tryon)FITZ - The FitzStudio,1BA$999
Halton ParkWimbledon1BR,1BA$1,011
Wexford Apartment HomesOne Bedroom1BR,1BA$1,015

Best Value Apartments for Rent in College Downs, NC

As of December 30, 2025 the best value apartment in the College Downs 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Towns at Rocky River4BR/3.5BA4BR,3.5BA$1.06
Yugo Charlotte College Downs4 Bed, 4 Bath4BR,4BA$0.51
Avana AveburyCarlisle3BR,2BA$1.27
Newell VillageKent3BR,2.5BA$1.25
Belle Haven ApartmentsBrunswick2BR,2BA$1.32
Woodland HollowThe Iris2BR,1.5BA$1.19
Maple RunThe Montford2BR,1.5BA$1.18
Union at Tryon2 Bed, 2 Bath, 984 Sq. Ft.2BR,2BA$1.37
Halton ParkWimbledon1BR,1BA$1.19
Commons at University SquareA11BR,1BA$1.40

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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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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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
College Downs, Charlotte, NC

Ranked #71

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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.

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 $1,015.

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 $1,563.

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 210 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 $479 which is $1,084 cheaper than the average rent for all rentals in College Downs.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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

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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.