Cheap Homes for Rent in Commonwealth Neighborhood of Charlotte, NC from $800 (49 Rentals)

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Search the lowest-cost Homes available for rent right now in the Commonwealth area of Charlotte.

property at 1412 Park Dr

$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Now

1412 Park Dr

CharlotteNC28204
property at 1617 Fulton Ave

$1,249

1 Bedroom, 1 Bath Condo for Rent

Available Now

1617 Fulton Ave

CharlotteNC28205

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.

property at 1504 Nassau Blvd

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom, 1 Bath Home for Rent

Available Now

1504 Nassau Blvd

CharlotteNC28205
property at 715 N Church St

$1,299

1 Bedroom, 1 Bath Condo for Rent

Available Now

715 N Church St

CharlotteNC28202
property at 715 N Church St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

715 N Church St

CharlotteNC28202
property at 515 N Church St

$1,349

1 Bedroom, 1 Bath Condo for Rent

Available Now

515 N Church St

CharlotteNC28202

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.

property at 3429 Tappan Pl

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Now

3429 Tappan Pl

CharlotteNC28205
property at 716 N Davidson St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

716 N Davidson St

CharlotteNC28202

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.

property at 1709 Purser Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Required Monthly Fees
$20

Total Monthly Price
$1,495

3 Bedroom, 1 Bath Rentals

Available Now

1709 Purser Dr

CharlotteNC28215
property at 715 N Church St

$1,299 - $3,069

1 To 2 Bedroom Rentals

Available Now

715 N Church St

CharlotteNC28202

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.

property at 1101 Hawthorne Ln

$1,595 - $1,995

1 To 2 Bedroom Rentals

Available Mar 27

1101 Hawthorne Ln

CharlotteNC28205

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.

Commonwealth, Charlotte, NC Local Guide

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 $950. The Commons at St. Lloyd's has the second lowest priced unit, which is a 1 Bed apartment currently listed from $952. Here are the most affordable Commonwealth apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Lake Hill ApartmentsOne Bedroom Garden1BR,1BA$950
The Commons at St. Lloyd'sThe Harper1BR,1BA$952
Kilborne ApartmentsOne Bedroom Garden1BR,1BA$975
Vista CommonsEnclave1BR,1BA$999
KinshipCL11BR,1BA$999
Ashby Gardens1 Bedroom 1 Bath Condominiums1BR,1BA$1,029
Aurora01PZStudio,1BA$1,079
Country Club Apartments1 Bedroom 1 Bathroom1BR,1BA$1,090
Elevate Tryon1BR/1.0BA1BR,1BA$1,095
The AscherS5-SStudio,1BA$1,112

Best Value Apartments for Rent in Commonwealth, NC

As of February 24, 2026 the best value apartment in the Commonwealth area is the $1.04 price per square foot C11 Model at The Seventeen Hundred on East in the in the Myers Park neighborhood starting from $1,664. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Seventeen Hundred on EastC113BR,3BA$1.04
Wallace Terrace Apartments3BR/2.0BA3BR,2BA$1.21
Eastover Ridge ApartmentsB2.12BR,2BA$1.48
The Lofts at Hawthorne Mill2 Bed/2 Bath2BR,2BA$1.30
Summit on CentralPisgah2BR,1BA$1.20
Pines on Wendover Apartment Homes22D2BR,2BA$1.38
Lake Hill ApartmentsTwo Bedroom Garden2BR,2BA$1.26
Biscayne11PZ1BR,1BA$1.37
Kilborne ApartmentsOne Bedroom Garden1BR,1BA$1.30
Vista CommonsEnclave1BR,1BA$1.49

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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

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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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Frequently Asked Questions about Commonwealth

What type of rentals are currently available in Commonwealth?

There are currently 300 Apartments for Rent in Commonwealth, NC with pricing that ranges from $875 to $8,914. There are also 148 Single Family Homes for rent, Condos, and Townhome rentals currently available in Commonwealth ranging from $885 to $9,000.

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 $9,000 with an average monthly rent of $2,427.

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 $1,301 to $8,914, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $9,000. Four Bedroom Single-Family rentals are also available starting from $2,475 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.

Articles, How-To's, and Tips

decorative image for The 10 Best Affordable Neighborhoods in Charlotte, NC article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.