Cheap Apartments for Rent in the Commonwealth Neighborhood of Charlotte, NC from $300 (86 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 3805 Miriam Dr

3805 Miriam Dr

CharlotteNC28205

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 Article
property at 2126 E 7th St

2126 E 7th St

CharlotteNC28204

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.

Read Article

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.

Read Article

The 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 Article
property at 1000 Central Ave

1000 Central Ave

CharlotteNC28204
property at 1133 Harding Pl

1133 Harding Pl

CharlotteNC28204

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.

Read Article
close
View Me
Autumn Place
1 to 2 Bedroom Apartments

Autumn Place

321 N Davidson StCharlotte, NC 28202
Senior Living
  • Utilities Included
close
View Me
First Ward Place
1 to 5 Bedroom Apartments

First Ward Place

550 E 8th StCharlotte, NC 28202
Showing Results 1-50, Page 1 of 2

Commonwealth, Charlotte, NC Local Guide

Cheapest Available Commonwealth Apartments for Rent

 

The cheapest available apartment rental in the Commonwealth area of Charlotte, NC is a Studio unit found at Elevate Tryon priced from $895. The Ascher has the second lowest priced unit, which is a Studio apartment currently listed from $983. Here are the most affordable Commonwealth apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Elevate Tryon0BR/1.0BAStudio,1BA$895
The AscherS2Studio,1BA$983
Kilborne ApartmentsOne Bedroom Garden1BR,1BA$995
Vista CommonsEnclave1BR,1BA$999
Lake Hill ApartmentsOne Bedroom Garden1BR,1BA$1,050
Country Club Apartments1 Bedroom 1 Bathroom1BR,1BA$1,090
The Collective NoDaS2Studio,1BA$1,149
The Residences at WindsorStudio, 1 bathStudio,1BA$1,150
JoineryS1Studio,1BA$1,153

Best Value Apartments for Rent in Commonwealth, NC

As of October 05, 2025 the best value apartment in the Commonwealth area is the $1.23 price per square foot 3BR/2.0BA Model at Wallace Terrace Apartments in the in the Commonwealth neighborhood starting from $1,475. The second greatest value Commonwealth apartment is the 22 Model at Pines on Wendover Apartment Homes starting at $1,275 with a $1.28 price per square foot in the Commonwealth neighborhood. Here is today’s list of the best values for Commonwealth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wallace Terrace Apartments3BR/2.0BA3BR,2BA$1.23
Pines on Wendover Apartment Homes222BR,2BA$1.28
Enclave at OakhurstB22BR,1.5BA$1.51
415 Flats2BR/2.0BA2BR,2BA$1.63
The Lofts at Hawthorne Mill1 Bed/1 Bath1BR,1BA$1.64
930 Norland Rd, Unit C930 Norland Rd1BR,1BA$1.27
Ashby Gardens1 Bedroom 1 Bath1BR,1BA$1.41
Lake Hill ApartmentsOne Bedroom Garden1BR,1BA$1.32
Kilborne ApartmentsOne Bedroom Garden1BR,1BA$1.33
Vista CommonsEnclave1BR,1BA$1.49

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Commonwealth, Charlotte, NC

Ranked #39

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Commonwealth, Charlotte, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Charlotte. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, places that make kids happy, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Commonwealth Neighborhood in Charlotte, NC

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

48 / 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 Commonwealth Apartments

What is the Cheapest Studio apartment in Commonwealth?

Currently the most affordable Cheap Studio Apartment in Commonwealth is at Elevate Tryon listed at $895.

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

The lowest price for a Cheap One Bedroom Commonwealth Apartment is $995 at Kilborne Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Commonwealth is starting from $1,199 at Vista Commons.

What is the most affordable Commonwealth Three Bedroom Apartment?

The best deal on a cheap Commonwealth Three Bedroom Apartment rental is at Wallace Terrace Apartments and starts from $1,475.

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.

decorative image for The 10 Best Affordable Neighborhoods in Charlotte, NC article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.