Cheap Apartments for Rent in the Commonwealth Neighborhood of Charlotte, NC from $300 (141 Rentals)

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

property at 508 N Tryon St

$895 - $1,095

Studio To 1 Bedroom Rentals

Available Now

508 N Tryon St

CharlotteNC28202

Authentic Charlotte: An Insider's Guide to the Queen City's Neighborhoods and Quirks

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J Optimist Park
Rent Specials
$1,196 - $2,215
Total Monthly Price

Total Monthly Price

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$1,196 - $2,215
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1 to 2 Bedroom Apartments Available Now

J Optimist Park

1130 N College StCharlotte, NC 28206
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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415 Flats
$1,199 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,395
Total Monthly Price
$1,199 - $1,395
1 to 2 Bedroom Apartments Available Now

415 Flats

415 W 10th StCharlotte, NC 28202
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Alton Optimist Park
Rent Specials
$1,251 - $5,154
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$1,251 - $5,154
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Studio to 2 Bedroom Apartments Available Now

Alton Optimist Park

1009 N Caldwell StCharlotte, NC 28206
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Cavella Apartments
Rent Specials
$1,268 - $3,952
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$1,268 - $3,952
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Studio to 2 Bedroom Apartments Available Now

Cavella Apartments

2222 N Tryon StCharlotte, NC 28206
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Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlotte's Big Four Employers

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property at 3719 Dresden Dr E

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Sep 5

3719 Dresden Dr E

CharlotteNC28205
property at 400 Queens Rd

$1,365

Total Monthly Price

Total Monthly Price

Base Rent
$1,365
Total Monthly Price
$1,365

1 Bedroom, 1 Bath Condo for Rent

Available Aug 17

400 Queens Rd, Unit C6

400 Queens Rd
CharlotteNC28207

Charlotte's Best Affordable Neighborhoods

Learn about Charlotte and the best places to live with original content written by our Charlotte, NC Local Expert Carrie Catalano!

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Trella Uptown
Rent Specials
$1,412 - $3,477
Total Monthly Price

Total Monthly Price

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$1,412 - $3,477
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Studio to 3 Bedroom Apartments Available Now

Trella Uptown

426 N Tryon StCharlotte, NC 28202
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property at 102 Colville Rd

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

102 Colville Rd, Unit 52B

102 Colville Rd
CharlotteNC28207

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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 Aurora priced from $935. Lake Hill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Commonwealth apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Aurora01PStudio,1BA$935
Lake Hill ApartmentsOne Bedroom Garden1BR,1BA$950
Elevate Tryon1BR/1.0BA1BR,1BA$989
Ashby Gardens1 Bedroom 1 Bath Townhomes1BR,1BA$999
Vista CommonsEnclave1BR,1BA$999
Country Club Apartments1 Bedroom 1 Bathroom1BR,1BA$1,015
Summit on CentralPilot-RenovatedStudio,1BA$1,020
The Collective NoDaS2Studio,1BA$1,099
Birch Landing1 Beds, 1 Baths1BR,1BA$1,100
300 Optimist ParkStudio - 1 BathStudio,1BA$1,115

Best Value Apartments for Rent in Commonwealth, NC

As of July 30, 2026 the best value apartment in the Commonwealth area is the $1.32 price per square foot 22f Model at MAA Enclave in the in the Elizabeth neighborhood starting from $1,653. The second greatest value Commonwealth apartment is the 2 bedroom 1.5 Bath Townhome Model at Ashby Gardens starting at $1,199 with a $1.19 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.
MAA Enclave22f2BR,2BA$1.32
Ashby Gardens2 bedroom 1.5 Bath Townhome2BR,1.5BA$1.19
Lake Hill ApartmentsTwo Bedroom Garden2BR,2BA$1.26
Enclave at Oakhurst Apartments2 Bedroom, 1.5 Bathroom, 950 Sq Ft2BR,1.5BA$1.48
Biscayne11PZ1BR,1BA$1.52
3031 Attaberry Dr3 Beds, 1 Baths3BR,1BA$1.47
Edgeline Flats on DavidsonMonorail1BR,1BA$1.53
Elevate Tryon1BR/1.0BA1BR,1BA$1.41
Vista CommonsEnclave1BR,1BA$1.49
Country Club Apartments1 Bedroom 1 Bathroom1BR,1BA$1.57

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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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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Real 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.

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Best Local Schools in
Commonwealth, Charlotte, NC

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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!

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 Aurora listed at $935.

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

The lowest price for a Cheap One Bedroom Commonwealth Apartment is $950 at Lake Hill 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 $1,125 at Aurora.

What is the most affordable Commonwealth Three Bedroom Apartment?

The best deal on a cheap Commonwealth Three Bedroom Apartment rental is at 3031 Attaberry Dr and starts from $1,250.

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.

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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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