
Cheap Homes for Rent in Commonwealth Neighborhood of Charlotte, NC from $800 (49 Rentals)
Search the lowest-cost Homes available for rent right now in the Commonwealth area of Charlotte.


1844 Academy St

Room in Townhome on Broad River Ln

2219 Kilborne Dr

1418 Park Dr

1412 Park Dr

904 Harrill St

3432 Washburn Ave

3436 Washburn Ave
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.

1742 Academy St

1617 Fulton Ave, Unit A, Unit A

715 N Church St

634 Chipley Ave

1728 Lombardy Cir

1001 Churchill Downs Ct

316 Skyland Ave

3429 Tappan Pl

2503 Eastway Dr
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.

715 N Church St

2623 Vail Ave

2502 Cranbrook Ln, Unit 4

715 N Church St, Unit 414, Unit 414

233 Orange St

929 McAlway Rd

926 Hollywood St

920 McAlway Rd

515 N Church 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.

515 N Church St, Unit 303, Unit 303

1812 The Plaza

2135 Purser Dr

716 N Davidson St, Unit 3, Unit 3

1448 Anderson St

716 N Davidson St

3104 Creighton Dr

2518 Cranbrook Ln

1415 Herrin Ave
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.

1444 Anderson St

1728 Matheson Ave

2510 Cranbrook Ln, Unit 22, Unit 22

1458 Anderson St

3108 Erskine Dr

525 E 6th St

1701 Parson St

401 Keswick Ave

712 Louise Ave
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.

3441 Commonwealth Ave

101 S Laurel Ave

320 Skyland Ave

2000 Patio Ct, Unit 124, Unit 124
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 | $1,910 | $885 | $4,800 |
| Commonwealth 3 Bedroom Homes for Rent | $2,663 | $1,420 | $9,000 |
| Commonwealth 4 Bedroom Homes for Rent | $5,665 | $2,950 | $10,000+ |
| Commonwealth 5 Bedroom Homes for Rent | $2,550 | $2,550 | $2,550 |
Browse Homes for Rent in this Neighborhood
There are currently 49 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 |
| Kilborne Apartments | One Bedroom Garden | 1BR,1BA | $995 |
| Kinship | CL1 | 1BR,1BA | $999 |
| Vista Commons | Enclave | 1BR,1BA | $999 |
| Country Club Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,090 |
| Ashby Gardens | 1 Bedroom 1 Bath Townhomes | 1BR,1BA | $1,099 |
| Edgeline Flats on Davidson | Monorail | 1BR,1BA | $1,125 |
| Aurora | 11Z | 1BR,1BA | $1,149 |
| The Residences at Windsor | Studio, 1 bath | Studio,1BA | $1,150 |
Best Value Apartments for Rent in Commonwealth, NC
As of April 11, 2026 the best value apartment in the Commonwealth area is the $1.25 price per square foot 22I Model at MAA Enclave in the in the Elizabeth neighborhood starting from $1,733. The second greatest value Commonwealth apartment is the 3BR/2.0BA Model at Wallace Terrace Apartments starting at $1,450 with a $1.21 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. |
|---|---|---|---|
| MAA Enclave | 22I | 2BR,2BA | $1.25 |
| Wallace Terrace Apartments | 3BR/2.0BA | 3BR,2BA | $1.21 |
| The Lofts at Hawthorne Mill | 2 Bed/2 Bath | 2BR,2BA | $1.36 |
| Ashby Gardens | 2 Bedroom 2 Bath Condo | 2BR,2BA | $1.23 |
| Summit on Central | Pisgah | 2BR,1BA | $1.45 |
| Pines on Wendover Apartment Homes | 22 | 2BR,2BA | $1.35 |
| Biscayne | 11PZ | 1BR,1BA | $1.41 |
| Lake Hill Apartments | One Bedroom Garden | 1BR,1BA | $1.23 |
| Kilborne Apartments | One Bedroom Garden | 1BR,1BA | $1.33 |
| Vista Commons | Enclave | 1BR,1BA | $1.49 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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 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
Chantilly Montessori
Piedmont Open Middle School
School data provided by Great Schools
Frequently Asked Questions about Commonwealth
What type of rentals are currently available in Commonwealth?
There are currently 295 Apartments for Rent in Commonwealth, NC with pricing that ranges from $725 to $14,219. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Commonwealth ranging from $885 to $10,000.
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 $885 to $10,000 with an average monthly rent of $2,584.
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 $725 to $14,219, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,420 to $9,000. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $3,000.
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
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I'm Carrie, and I've been calling the Charlotte area home for a few years now.
Articles, How-To's, and Tips

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.

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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.