
Cheap Apartments for Rent in the Commonwealth Neighborhood of Charlotte, NC from $300 (89 Rentals)
Search the lowest-cost Apartments available for rent right now in the Commonwealth area of Charlotte.


Lake Hill Apartments

The Commons at St. Lloyd's

Kilborne Apartments

Summit on Central

2126 E 7th St

Vista Commons

Aurora

428 Hawthorne Ln

Ashby Gardens
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.

Country Club Apartments

3805 Miriam Dr

Edgeline Flats on Davidson

Total Monthly Price
J Optimist Park

The Residences at Windsor

The Village at Commonwealth

One305 Central

Elizabeth Station

Biscayne

3100 Zircon St
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.

Marvel at Plaza Midwood

Lincoln at Dilworth

Berkshire Dilworth

LakePointe

Wallace Terrace Apartments

MAA Optimist Park

Overton Row

The Ellis

Doral Apartments

NuVo 27
Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlotte's Big Four Employers
Find your perfect Charlotte neighborhood! Explore vibrant communities like South End, Dilworth, and NoDa, with tips for renters balancing work, family, and commute time.

1010 Dilworth Apartments

The Collective NoDa

3429-2 Tappan Pl

415 Flats

Union Noda

Midwood Station

The Cosmo at NoDa

300 Optimist Park

Alton Optimist Park

640 N Church St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Varick on 7th

Total Monthly Price
Trella Uptown

Vyne on Central

Cavella

MAA Plaza Midwood

Abberly NoDa Vista Apartment Homes

The Langston

1133 Harding Pl

2245 Crescent Ave

905 Kenilworth Ave
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.
Commonwealth, Charlotte, NC Local Guide

How much does it cost to rent an apartment in Commonwealth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Commonwealth Studio Apartments | $1,478 | $895 | $2,499 |
| Commonwealth 1 Bedroom Apartments | $1,769 | $950 | $3,592 |
| Commonwealth 2 Bedroom Apartments | $2,343 | $1,125 | $5,249 |
| Commonwealth 3 Bedroom Apartments | $3,894 | $1,301 | $10,000+ |
| Commonwealth 4 Bedroom Apartments | $3,669 | $3,000 | $7,564 |
Browse Apartments in this Neighborhood
There are currently 89 rentals with your search options within a 2 mile radius of the Commonwealth Neighborhood of Charlotte, NC.
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Commonwealth, Charlotte, NC Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elevate Tryon | 0BR/1.0BA | Studio,1BA | $895 |
| Lake Hill Apartments | One Bedroom Garden | 1BR,1BA | $950 |
| The Commons at St. Lloyd's | The Harper | 1BR,1BA | $952 |
| Kinship | CL1 | 1BR,1BA | $999 |
| Vista Commons | Enclave | 1BR,1BA | $999 |
| Ashby Gardens | 1 Bedroom 1 Bath Condominiums | 1BR,1BA | $1,029 |
| Aurora | 01PZ | Studio,1BA | $1,079 |
| Country Club Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,090 |
| Joinery | S2 | Studio,1BA | $1,094 |
| Edgeline Flats on Davidson | Monorail | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Commonwealth, NC
As of March 15, 2026 the best value apartment in the Commonwealth area is the $1.32 price per square foot 1034 Charles Ave Model at 1034 Charles Ave, Unit 1034 Charles Ave in the in the Commonwealth neighborhood starting from $1,999. The second greatest value Commonwealth apartment is the 22f Model at MAA Enclave starting at $1,733 with a $1.38 price per square foot in the Elizabeth neighborhood. Here is today’s list of the best values for Commonwealth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1034 Charles Ave, Unit 1034 Charles Ave | 1034 Charles Ave | 2BR,1BA | $1.32 |
| MAA Enclave | 22f | 2BR,2BA | $1.38 |
| Wallace Terrace Apartments | 3BR/2.0BA | 3BR,2BA | $1.17 |
| The Lofts at Hawthorne Mill | 2 Bed/2 Bath | 2BR,2BA | $1.30 |
| Pines on Wendover Apartment Homes | 22D | 2BR,2BA | $1.38 |
| Biscayne | 11PZ | 1BR,1BA | $1.37 |
| Lake Hill Apartments | One Bedroom Garden | 1BR,1BA | $1.23 |
| Edgeline Flats on Davidson | Monorail | 1BR,1BA | $1.53 |
| Vista Commons | Enclave | 1BR,1BA | $1.49 |
| Ashby Gardens | 1 Bedroom 1 Bath Condominiums | 1BR,1BA | $1.56 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 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.
Best Local Schools in Commonwealth, Charlotte, NC
Piedmont Open Middle School
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!
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 $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 Country Club Apartments.
What is the most affordable Commonwealth Three Bedroom Apartment?
The best deal on a cheap Commonwealth Three Bedroom Apartment rental is at The Commons at St. Lloyd's and starts from $1,301.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.