Cheap Studio Apartments for Rent in the Commonwealth Neighborhood of Charlotte, NC from $1,088 (30 Rentals)

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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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Vistas @ 707
Studio Apartments

Vistas @ 707

707 Seigle AveCharlotte, NC 28204

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Maple Way Apartments
Studio Apartments

Maple Way Apartments

1012 McAlway RdCharlotte, NC 28211
  • Utilities Included
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Louise Manor
Studio Apartments

Louise Manor

701 Louise AveCharlotte, NC 28204
  • Utilities Included
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Aurora
Studio Apartments

Aurora

1425 Eastcrest DrCharlotte, NC 28205
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The Nook Apartments
Studio Apartments

The Nook Apartments

1425 Central AveCharlotte, NC 28205
  • Utilities Included
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Varick on 7th
Studio Apartments

Varick on 7th

721 E 7th StCharlotte, NC 28202
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Alpha Mill
Studio Apartments

Alpha Mill

220 Alpha Mill LnCharlotte, NC 28206

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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Camden NoDa
Studio Apartments

Camden NoDa

515 Jordan PlCharlotte, NC 28205
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The Edison
Studio Apartments

The Edison

1800 Commonwealth AveCharlotte, NC 28205

Commonwealth, Charlotte, NC Local Guide

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.

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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

Frequently Asked Questions about Cheap Commonwealth Apartments

What is a cheap apartment in Commonwealth?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Commonwealth is under $1,250.

What is the price of a cheap apartment in Commonwealth?

The cheapest apartment in Commonwealth is Joinery which is listed at $1,070, while the average apartment in Commonwealth costs $2,512.

What types of apartments are the cheapest in Commonwealth?

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 3 regular apartments in Commonwealth 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 Commonwealth?

Cheap apartments in Commonwealth have an average cost of $1,200 which is $1,312 cheaper than the average rent for all rentals in Commonwealth.

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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.