
Cheap Homes for Rent in College Downs Neighborhood of Charlotte, NC from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the College Downs area of Charlotte.


9523 University Terrace Dr, Unit M

9606 Vinca Cir, Unit A

Room in Townhome on Lex Dr

10510 Plantain Ct
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.

10510 Plantain Ct

Room in Townhome on Bunclody Dr

1335 Farmfield Ln

10510 Plantain Ct

342 Orchard Trace Ln
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.

320 Orchard Trace Ln

241 Orchard Trace Ln

301 Orchard Trace Ln

2607 Hartley Hills Dr

325 Orchard Trace Ln, Unit 326-7
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.

326 Orchard Trace Ln

4027 Vallhorn Ln
College Downs, Charlotte, NC Local Guide

How much does it cost to rent a home in College Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| College Downs 2 Bedroom Homes for Rent | $1,424 | $975 | $1,750 |
| College Downs 3 Bedroom Homes for Rent | $1,923 | $1,050 | $2,675 |
| College Downs 4 Bedroom Homes for Rent | $2,159 | $540 | $3,140 |
| College Downs 5 Bedroom Homes for Rent | $2,761 | $2,549 | $3,000 |
| College Downs 6 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
| College Downs 7 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the College Downs Neighborhood of Charlotte, NC.
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College Downs, Charlotte, NC Local Guide
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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 Vivo Living Charlotte University priced from $879. Pavilion at UC has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable College Downs apartments for rent in Charlotte, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living Charlotte University | Classic Studio | Studio,1BA | $879 |
| Pavilion at UC | Studio Standard - Call For Availability | Studio,1BA | $925 |
| Commons at University Square | A1 | 1BR,1BA | $942 |
| Wexford Apartment Homes | One Bedroom | 1BR,1BA | $945 |
| The Spoke at McCullough Station | The Hendrick (S1) | Studio,1BA | $959 |
Best Value Apartments for Rent in College Downs, NC
As of June 12, 2026 the best value apartment in the College Downs area is the $0.58 price per square foot D1A Model at The Drake in the in the Back Creek Downs neighborhood starting from $830. The second greatest value College Downs apartment is the 4BR/4BA - D1 Model at Junction 49 starting at $799 with a $0.57 price per square foot in the Mineral Springs 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. |
|---|---|---|---|
| The Drake | D1A | 4BR,4BA | $0.58 |
| Junction 49 | 4BR/4BA - D1 | 4BR,4BA | $0.57 |
| MAA City Grand | 22A | 2BR,2BA | $1.27 |
| 9523 University Terrace Dr, Unit Apt M University terrace | 9523 University Terrace Dr | 4BR,2BA | $0.46 |
| MAA Chancellor Park | Carrington | 2BR,2BA | $1.37 |
| Arcadia | 2BR/2BA - Sugarberry - Standard | 2BR,2BA | $1.16 |
| Halton Park | Stanley | 2BR,2BA | $1.35 |
| Rush | 2BR/2BA - B Upgrade | 2BR,2BA | $1.33 |
| Colville Condominiums | 2 Bed Student Rental | 2BR,2BA | $0.87 |
| Commons at University Square | A2 | 1BR,1BA | $1.28 |
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.
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 ArticleReal 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.
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 #71
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in College Downs, Charlotte, NC
Educators Early College @ Uncc
School data provided by Great Schools
Frequently Asked Questions about College Downs
What type of rentals are currently available in College Downs?
There are currently 83 Apartments for Rent in College Downs, NC with pricing that ranges from $500 to $14,449. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in College Downs ranging from $540 to $4,800.
What is the current price range for Rental Homes in College Downs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in College Downs ranges from $540 to $4,800 with an average monthly rent of $2,564.
How much are larger Three and Four Bedroom Rentals in College Downs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in College Downs range from $650 to $14,449, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,675. Four Bedroom Single-Family rentals are also available starting from $540 and Four Bedroom Apartments start at $500.
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

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.

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.

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.

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.