1201 Elizabeth Ave
CharlotteNC28204
Cheap Homes for Rent in Commonwealth Neighborhood of Charlotte, NC from $500 (42 Rentals)
Search the lowest-cost Homes available for rent right now in the Commonwealth area of Charlotte.
Room in Townhome on Broad River Ln
912 Broad River Ln
CharlotteNC28211
3555 Burkland Dr
CharlotteNC28211
3116 Grierton Ct
CharlotteNC28205
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$9002 Bedroom Apartments Available Now
818 Villa Ct, Unit D
818 Villa CtCharlotte, NC 28211
1314 N McDowell St
CharlotteNC28205
2219 Kilborne Dr
CharlotteNC28205
1418 Park Dr
CharlotteNC28204
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.
904 Harrill St
CharlotteNC28205
715 N Church St, Unit 607, Unit 607
715 N Church St
CharlotteNC28202
634 Chipley Ave
CharlotteNC28205
316 Skyland Ave
CharlotteNC28205
3436 Washburn Ave
CharlotteNC28205
1617 Fulton Ave, Unit A, Unit A
1617 Fulton Ave
CharlotteNC28205
400 Queens Rd
CharlotteNC28207
2510 Cranbrook Ln, Unit 22, Unit 22
2510 Cranbrook Ln
CharlotteNC28207
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.
2518 Cranbrook Ln
CharlotteNC28207
920 McAlway Rd
CharlotteNC28211
929 McAlway Rd
CharlotteNC28211
2623 Vail Ave
CharlotteNC28207
515 N Church St
CharlotteNC28202
515 N Church St, Unit 303, Unit 303
515 N Church St
CharlotteNC28202
3104 Creighton Dr
CharlotteNC28205
1812 The Plaza
CharlotteNC28205
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.
3031 Attaberry Dr
CharlotteNC28205
1021 Churchill Downs Ct
CharlotteNC28211
1448 Anderson St
CharlotteNC28205
600 Hawthorne Ln
CharlotteNC28204
306 Plymouth Ave
CharlotteNC28206
3108 Erskine Dr
CharlotteNC28205
1728 Matheson Ave
CharlotteNC28205
3731 Dresden Dr E
CharlotteNC28205
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.
212 W 10th St, Unit 4, Unit 4
212 W 10th St
CharlotteNC28202
1215 Green Oaks Ln
CharlotteNC28205
1701 Parson St
CharlotteNC28205
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$1,4831 Bedroom Apartments Available May 31
2120 N Brevard St, Unit 214
2120 N Brevard StCharlotte, NC 28206
400 Queens Rd
CharlotteNC28207
2441 Vail Ave
CharlotteNC28207
2501 Kilborne Dr
CharlotteNC28205
1224 Green Oaks Ln
CharlotteNC28205
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.
1913 Finchley Dr
CharlotteNC28215
2000 Patio Ct, Unit 124, Unit 124
2000 Patio Ct
CharlotteNC28205
Showing Results 1-42, Page 1 of 1
Commonwealth, Charlotte, NC Local Guide
How much does it cost to rent a home in Commonwealth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Commonwealth 2 Bedroom Homes for Rent | $2,019 | $885 | $4,800 |
| Commonwealth 3 Bedroom Homes for Rent | $2,426 | $1,350 | $4,300 |
| Commonwealth 4 Bedroom Homes for Rent | $3,379 | $1,995 | $6,995 |
| Commonwealth 5 Bedroom Homes for Rent | $2,672 | $2,350 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 42 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
- Nearby Charlotte neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $825. 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 | $825 |
| Lake Hill Apartments | One Bedroom Garden | 1BR,1BA | $950 |
| Country Club Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $960 |
| Kilborne Apartments | One Bedroom Garden | 1BR,1BA | $995 |
| Ashby Gardens | 1 Bedroom 1 Bath Townhomes | 1BR,1BA | $999 |
| Aurora | 01PZ | Studio,1BA | $1,070 |
| Vista Commons | Enclave | 1BR,1BA | $1,075 |
| 300 Optimist Park | Studio - 1 Bath | Studio,1BA | $1,115 |
| Edgeline Flats on Davidson | Monorail | 1BR,1BA | $1,125 |
| The Residences at Windsor | Studio, 1 bath | Studio,1BA | $1,150 |
Best Value Apartments for Rent in Commonwealth, NC
As of May 26, 2026 the best value apartment in the Commonwealth area is the $1.20 price per square foot 3BR/2.0BA Model at Wallace Terrace Apartments in the in the Commonwealth neighborhood starting from $1,435. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wallace Terrace Apartments | 3BR/2.0BA | 3BR,2BA | $1.20 |
| Ashby Gardens | 2 bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.19 |
| Pines on Wendover Apartment Homes | 22 | 2BR,2BA | $1.28 |
| Enclave at Oakhurst Apartments | 2 Bedroom, 1.5 Bathroom, 950 Sq Ft | 2BR,1.5BA | $1.48 |
| Biscayne | 11PZ | 1BR,1BA | $1.37 |
| Lake Hill Apartments | One Bedroom Garden | 1BR,1BA | $1.23 |
| Kilborne Apartments | One Bedroom Garden | 1BR,1BA | $1.33 |
| Edgeline Flats on Davidson | Monorail | 1BR,1BA | $1.53 |
| Elevate Tryon | 1BR/1.0BA | 1BR,1BA | $1.41 |
| Country Club Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.48 |
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
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
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.
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Do you know the Commonwealth area?
If you’re an expert on all things Commonwealth, tell us what you love (and don't) by rating it and writing a review.
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Best Local Schools in Commonwealth, Charlotte, NC
Chantilly Montessori
Charlotte-Mecklenburg School District
Public School - Grades PK-5 (306)
8 out of 10
Piedmont Open Middle School
Charlotte-Mecklenburg School District
Public School - Grades 6-8 (1083)
7 out of 10
School data provided by Great Schools
Frequently Asked Questions about Commonwealth
What type of rentals are currently available in Commonwealth?
There are currently 287 Apartments for Rent in Commonwealth, NC with pricing that ranges from $825 to $16,878. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Commonwealth ranging from $525 to $6,995.
What is the current price range for Rental Homes in Commonwealth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Commonwealth ranges from $525 to $6,995 with an average monthly rent of $2,224.
How much are larger Three and Four Bedroom Rentals in Commonwealth?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Commonwealth range from $1,350 to $16,878, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $4,300. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $3,117.
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.
Authentic Charlotte: An Insider's Guide to the Queen Citys Neighborhoods and Quirks
Written by: Carrie Catalano
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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
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.