
Cheap Apartments for Rent in the Colonial Village Neighborhood of Charlotte, NC from $700 (133 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Charlotte.


Vivo Living Arbor View

Room in Townhome on Cleburne Ct

The Marley

Rail South Apartments

LOSO Living

Park at Drexel

Arbor Village

Selwyn Flats

Wildwood Apartments
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.

1026 Brianna Way

Link Apartments® Montford

2909 Burgess Drive

1001 Tyvola

Parkside at South Tryon

Ansley Falls Apartment Homes

MAA Reserve

Accent Southrail

Miller and York

Lincoln at Dilworth
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.

530 Cooper Dr

1010 Dilworth Apartments

Total Monthly Price
Courtney Ridge

MAA LoSo

The Kingsman

Parkhill Condominiums

Elmhurst

Emerson at Montford Park

Southerly LoSo

2667 Dr Carver Rd
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.

1320 Fillmore Ave

MAA South Line

5Line

AVA South End

Total Monthly Price
Elan LoSo

The Brinkley at the Edge

District Flats

2621 Dr Carver Rd

2621 Dr Carver Rd

Modera LoSo
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.

Garten

Adler Montford Park + Drexel Townes

Selene at Southline Apartments

1601 West Townhomes

The Sloan at LoSo

Avalon South End

Everly

Total Monthly Price
Kingston

Total Monthly Price
Montford at Madison Park Apartments

Berkshire Dilworth
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.
Colonial Village, Charlotte, NC Local Guide

How much does it cost to rent an apartment in Colonial Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Village Studio Apartments | $1,521 | $899 | $3,075 |
| Colonial Village 1 Bedroom Apartments | $1,887 | $1,060 | $5,738 |
| Colonial Village 2 Bedroom Apartments | $2,694 | $1,195 | $9,459 |
| Colonial Village 3 Bedroom Apartments | $4,254 | $1,400 | $10,000+ |
| Colonial Village 4 Bedroom Apartments | $4,505 | $1,999 | $9,391 |
Browse Apartments in this Neighborhood
There are currently 133 rentals with your search options within a 2 mile radius of the Colonial Village Neighborhood of Charlotte, NC.
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Colonial Village, Charlotte, NC Local Guide
- Nearby Charlotte neighborhoods
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Cheapest Available Colonial Village Apartments for Rent
 The cheapest available apartment rental in the Colonial Village area of Charlotte, NC is a Studio unit found at Vivo Living Arbor View priced from $899. Park at Drexel has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Colonial Village apartments for rent in Charlotte, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living Arbor View | STDO - Studio | Studio,1BA | $899 |
| Park at Drexel | 0BR/1.0BA | Studio,1BA | $1,075 |
| Selwyn Flats | Studio | 1BR,1BA | $1,099 |
| The Marley | A1 Traditional | 1BR,1BA | $1,117 |
| Foster Flats | 0 Bed 1 Bath - A | Studio,1BA | $1,160 |
| 2909 Burgess Drive | 2BR/1.5BA | 2BR,1BA | $1,195 |
| Arbor Village | Ash | 1BR,1BA | $1,217 |
| Cielo | S | Studio,1BA | $1,219 |
| Wildwood Apartments | A3 | 1BR,1BA | $1,222 |
| 1001 Tyvola | S1 | Studio,1BA | $1,223 |
Best Value Apartments for Rent in Colonial Village, NC
As of May 23, 2026 the best value apartment in the Colonial Village area is the $1.60 price per square foot C5 Model at Loso Walk in the in the Clanton Park neighborhood starting from $2,911. The second greatest value Colonial Village apartment is the Meadowstone Model at Westmont Village starting at $2,720 with a $1.51 price per square foot in the Clanton Park neighborhood. Here is today’s list of the best values for Colonial Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Loso Walk | C5 | 3BR,4.5BA | $1.60 |
| Westmont Village | Meadowstone | 4BR,3.5BA | $1.51 |
| Accent Southrail Townhomes | The New Bern | 3BR,3.5BA | $1.66 |
| Queen City Townes | City Park | 2BR,2.5BA | $1.46 |
| Salem Village | Two Bedroom Townhouse | 2BR,1BA | $1.47 |
| West Side Flats | B2-60% | 2BR,2BA | $1.18 |
| Elmhurst | Two Bedroom/TH | 2BR,1.5BA | $1.46 |
| Kingspark | B1 | 2BR,2BA | $1.35 |
| 2909 Burgess Drive | 2BR/1.5BA | 2BR,1.5BA | $1.25 |
| 1601 West Townhomes | The Catawba | 3BR,1BA | $1.58 |
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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States including Colonial Village, Charlotte, and the greater Charlotte area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, 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 Colonial Village Apartments
What is a cheap apartment in Colonial Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colonial Village is under $1,223.
What is the price of a cheap apartment in Colonial Village?
The cheapest apartment in Colonial Village is Selwyn Flats which is listed at $1,099, while the average apartment in Colonial Village costs $4,000.
What types of apartments are the cheapest in Colonial Village?
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 51 regular apartments in Colonial Village 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 Colonial Village?
Cheap apartments in Colonial Village have an average cost of $1,164 which is $2,836 cheaper than the average rent for all rentals in Colonial Village.
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
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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
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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.
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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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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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.