
Cheap Homes for Rent in Commonwealth Neighborhood of Charlotte, NC from $700 (37 Rentals)
Search the lowest-cost Homes available for rent right now in the Commonwealth area of Charlotte.


405 Orange St

4916 Elder Ave

2328 E 7th St

3818 Winfield Dr

1436 Chippendale Rd
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.

800 E 17th St

3113 Erskine Dr

405 Sylvania Ave

1310 N McDowell St

1733 Finchley Dr

1323 Queens Rd

2547 Pinckney Ave

919 McAlway Rd

400 Queens Rd
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.

708 N Davidson St

943 Norland Rd

1444 Anderson St

1416 Anderson St

2000 Patio Ct

1605 Merry Oaks Rd

3406 June Dr

5435 Lantana Ave

1207 Green Oaks Ln

2421 Pinckney Ave

2421 Pinckney Ave

2302 Chesterfield 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.

2302 Chesterfield Ave

3739 McMillan St

1201 Green Oaks Ln

4106 Anker Haus Dr

1808 Herrin Ave

101 S Laurel Ave
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.

2116 Finchley Dr

2116 Finchley Dr

1836 Finchley Dr

2000 Ibis Ct
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 | $1,852 | $1,045 | $4,000 |
Commonwealth 3 Bedroom Homes for Rent | $2,877 | $1,595 | $7,350 |
Commonwealth 4 Bedroom Homes for Rent | $2,877 | $1,895 | $4,975 |
Commonwealth 5 Bedroom Homes for Rent | $7,900 | $7,900 | $7,900 |
Browse Homes for Rent in this Neighborhood
There are currently 37 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 1 Bed unit found at Lake Hill Apartments priced from $1,050. Vista Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,059. Here are the most affordable Commonwealth apartments for rent in Charlotte, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lake Hill Apartments | One Bedroom Garden | 1BR,1BA | $1,050 |
Vista Commons | Enclave | 1BR,1BA | $1,059 |
Joinery | S3 | Studio,1BA | $1,068 |
Elevate Tryon | 1BR/1.0BA | 1BR,1BA | $1,095 |
Eastover Ridge Apartments | A1 | 1BR,1BA | $1,146 |
The Residences at Windsor | Studio, 1 bath | Studio,1BA | $1,150 |
Broadstone Optimist Park | S1 | Studio,1BA | $1,190 |
300 Optimist Park | Studio (SPECIALS) | Studio,1BA | $1,195 |
Elizabeth Station | S1 | 1BR,1BA | $1,195 |
Ashby Gardens | 1 Bedroom 1 Bath Townhome | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Commonwealth, NC
As of June 21, 2025 the best value apartment in the Commonwealth area is the $1.50 price per square foot C2 Model at Anker Haus in the in the Commonwealth neighborhood starting from $3,199. The second greatest value Commonwealth apartment is the 2 Bed/2 Bath Model at The Lofts at Hawthorne Mill starting at $1,685 with a $1.44 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. |
---|---|---|---|
Anker Haus | C2 | 3BR,2.5BA | $1.50 |
The Lofts at Hawthorne Mill | 2 Bed/2 Bath | 2BR,2BA | $1.44 |
1260 Duncan Gardens Dr, Unit 1260 | 1260 Duncan Gardens Dr | 2BR,2BA | $1.48 |
Country Club Apartments | 3 Bedroom 1.5 Bathroom | 3BR,1.5BA | $1.42 |
Wallace Terrace Apartments | 2BR/2.0BA | 2BR,2BA | $1.18 |
Elevate Tryon | 1BR/1.0BA | 1BR,1BA | $1.10 |
Enclave at Oakhurst | B2 | 2BR,1.5BA | $1.37 |
Ashby Gardens | 1 Bedroom 1 Bath | 1BR,1BA | $1.41 |
Lake Hill Apartments | One Bedroom Garden | 1BR,1BA | $1.35 |
Vista Commons | Enclave | 1BR,1BA | $1.58 |
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.
Frequently Asked Questions about Commonwealth
What type of rentals are currently available in Commonwealth?
There are currently 282 Apartments for Rent in Commonwealth, NC with pricing that ranges from $850 to $9,329. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Commonwealth ranging from $750 to $7,900.
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 $750 to $7,900 with an average monthly rent of $3,402.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.