1201 Elizabeth Ave
CharlotteNC28204
Cheap Homes for Rent in the Commonwealth Neighborhood of Charlotte, NC from $500 (55 Rentals)
Search the lowest-cost Homes available for rent right now in the Commonwealth area of Charlotte.
Room in Condo on Plaza Walk Dr
1138 Plaza Walk Dr
CharlotteNC28215
3555 Burkland Dr
CharlotteNC28211
4121 Walker Rd
CharlotteNC28211
904 Harrill St
CharlotteNC28205
3436 Washburn Ave
CharlotteNC28205
1418 Park Dr
CharlotteNC28204
2328 E 7th St
CharlotteNC28204
634 Chipley Ave
CharlotteNC28205
2219 Kilborne Dr
CharlotteNC28205
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.
715 N Church St, Unit 607
715 N Church St
CharlotteNC28202
2623 Vail Ave
CharlotteNC28207
1619 Fulton Ave
CharlotteNC28205
1733 Academy St
CharlotteNC28205
3031 Attaberry Dr
CharlotteNC28205
3100 Holt St
CharlotteNC28205
3104 Creighton Dr
CharlotteNC28205
929 McAlway Rd
CharlotteNC28211
3025 Stancill Pl
CharlotteNC28205
400 Queens Rd, Unit C6
400 Queens Rd
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.
1812 The Plaza
CharlotteNC28205
3458 Washburn Ave
CharlotteNC28205
3731 Dresden Dr E
CharlotteNC28205
1728 Matheson Ave
CharlotteNC28205
1020 E 36th St
CharlotteNC28205
3000 Rodman St
CharlotteNC28205
1458 Anderson St
CharlotteNC28205
212 W 10th St, Unit 4
212 W 10th St
CharlotteNC28202
420 Plymouth Ave
CharlotteNC28206
1701 Parson St
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.
561 Blendwood Dr
CharlotteNC28215
1913 Finchley Dr
CharlotteNC28215
1207 Green Oaks Ln
CharlotteNC28205
2441 Vail Ave
CharlotteNC28207
1511 Pecan Ave
CharlotteNC28205
227 N Dotger Ave
CharlotteNC28207
2501 Kilborne Dr
CharlotteNC28205
560 Oakland Ave
CharlotteNC28204
close
View Me
$1,5831 Bedroom Apartments Available Aug 8
2120 N Brevard St, Unit 214
2120 N Brevard StCharlotte, NC 28206
1425 Academy St
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.
2516 Cranbrook Ln
CharlotteNC28207
4413 Eaves Ln
CharlotteNC28215
1526 Landis Ave
CharlotteNC28205
2000 Patio Ct, Unit 124
2000 Patio Ct
CharlotteNC28205
1933 Shamrock Dr
CharlotteNC28205
1215 Green Oaks Ln
CharlotteNC28205
3214 June Dr
CharlotteNC28205
3038 Uxbridge Woods Ct
CharlotteNC28205
308 Queens Rd
CharlotteNC28204
712 N Davidson St
CharlotteNC28202
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-50, Page 1 of 2
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 | $1,912 | $1,249 | $4,200 |
| Commonwealth 3 Bedroom Homes for Rent | $2,695 | $1,250 | $9,500 |
| Commonwealth 4 Bedroom Homes for Rent | $3,524 | $1,795 | $6,995 |
| Commonwealth 5 Bedroom Homes for Rent | $2,995 | $2,995 | $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 55 rentals with your search options within a 2 mile radius of the Commonwealth Neighborhood of Charlotte, NC.
Explore Charlotte
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 2 Beds unit found at Wallace Townhomes priced from $885. Alister Uptown has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Commonwealth apartments for rent in Charlotte, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wallace Townhomes | 2 Beds, 1.5 Baths | 2BR,1BA | $885 |
| Alister Uptown | S02 | Studio,1BA | $915 |
| Lake Hill Apartments | One Bedroom Garden | 1BR,1BA | $950 |
| Elevate Tryon | 1BR/1.0BA | 1BR,1BA | $989 |
| Ashby Gardens | 1 Bedroom 1 Bath Townhomes | 1BR,1BA | $999 |
| Vista Commons | Enclave | 1BR,1BA | $999 |
| Summit on Central | Pilot-Renovated | Studio,1BA | $1,049 |
| Aurora | 01PZ | Studio,1BA | $1,049 |
| Country Club Apartments | 1 Bedroom 1.5 Bathroom | 1BR,1BA | $1,075 |
| Alpha Mill | 0X1-S1 | Studio,1BA | $1,098 |
Best Value Apartments for Rent in Commonwealth, NC
As of July 10, 2026 the best value apartment in the Commonwealth area is the $1.42 price per square foot 3 Bedroom 1.5 Bathroom Model at Country Club Apartments in the in the Commonwealth neighborhood starting from $1,615. The second greatest value Commonwealth apartment is the 2BR/2.0BA Model at Wallace Terrace Apartments starting at $1,199 with a $1.07 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. |
|---|---|---|---|
| Country Club Apartments | 3 Bedroom 1.5 Bathroom | 3BR,1.5BA | $1.42 |
| Wallace Terrace Apartments | 2BR/2.0BA | 2BR,2BA | $1.07 |
| Ashby Gardens | 2 bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.19 |
| Pines on Wendover Apartment Homes | 22D | 2BR,2BA | $1.43 |
| Lake Hill Apartments | Two Bedroom Garden | 2BR,2BA | $1.26 |
| Enclave at Oakhurst Apartments | 2 Bedroom, 1.5 Bathroom, 950 Sq Ft | 2BR,1.5BA | $1.48 |
| Biscayne | 11Z | 1BR,1BA | $1.33 |
| Elevate Tryon | 1BR/1.0BA | 1BR,1BA | $1.41 |
| Vista Commons | Enclave | 1BR,1BA | $1.49 |
| Wallace Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.37 |
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.
Let everyone know!
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.
Write a Review
Best Local Schools in Commonwealth, Charlotte, NC
Chantilly Montessori
Charlotte-Mecklenburg School District
Public School - Grades PK-5 (259)
9 out of 10
Piedmont Open Middle School
Charlotte-Mecklenburg School District
Public School - Grades 6-8 (1096)
8 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 293 Apartments for Rent in Commonwealth, NC with pricing that ranges from $915 to $14,269. There are also 167 Single Family Homes for rent, Condos, and Townhome rentals currently available in Commonwealth ranging from $525 to $9,500.
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 $9,500 with an average monthly rent of $2,376.
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 $1,449 to $14,269, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $9,500. Four Bedroom Single-Family rentals are also available starting from $1,795 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.
Expert's 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 Expert's 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.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.