
Cheap Homes for Rent in Commonwealth Neighborhood of Charlotte, NC from $700 (42 Rentals)
Search the lowest-cost Homes available for rent right now in the Commonwealth area of Charlotte.


3555 Burkland Dr

823 Central Ave

2420 Shamrock Dr

405 Orange St

4025 Hiddenbrook Dr

1725 Academy St

819 Seigle Point Dr
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.

2000 Patio Ct

1000 Roanoke Ave

3113 Erskine Dr

3818 Winfield Dr

1310 N McDowell St

800 E 17th St

233 Orange St

2547 Pinckney 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.

919 McAlway Rd

2000 Hopedale Ave

1444 Anderson St

1416 Anderson St

3407 Coldstream Ln

708 N Davidson St

1021 Churchill Downs Ct
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.

1808 Herrin Ave

1605 Merry Oaks Rd

3406 June Dr

1738 Herrin Ave

951 Hollywood St

1207 Green Oaks Ln

1740 Hawthorne Ln

525 E 6th St
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.

1836 Finchley Dr

1201 Green Oaks Ln

525 E 6th St

1019 E 35th St

2116 Finchley Dr

2116 Finchley Dr

101 S Laurel Ave

1613 Parson St
Charlotte's Best Affordable Neighborhoods
Learn about Charlotte and the best places to live with original content written by our Charlotte, NC Local Expert Carrie Catalano!

2000 Ibis Ct

107 S Laurel Ave
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 | $1,832 | $995 | $4,000 |
Commonwealth 3 Bedroom Homes for Rent | $2,842 | $1,200 | $6,000 |
Commonwealth 4 Bedroom Homes for Rent | $2,842 | $2,000 | $4,975 |
Commonwealth 5 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
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
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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 Kilborne Apartments priced from $995. 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 |
---|---|---|---|
Kilborne Apartments | One Bedroom Garden | 1BR,1BA | $995 |
Vista Commons | Enclave | 1BR,1BA | $1,059 |
Joinery | S5 | Studio,1BA | $1,088 |
Country Club Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,090 |
Elevate Tryon | 1BR/1.0BA | 1BR,1BA | $1,095 |
The Ascher | S4 | Studio,1BA | $1,103 |
The Edison | A1 | 1BR,1BA | $1,125 |
The Collective NoDa | S2 | Studio,1BA | $1,149 |
Ashby Gardens | 1 Bedroom 1 Bath Townhome | 1BR,1BA | $1,199 |
Lake Hill Apartments | Two Bedroom Garden | 2BR,2BA | $1,200 |
Best Value Apartments for Rent in Commonwealth, NC
As of July 13, 2025 the best value apartment in the Commonwealth area is the $1.21 price per square foot 3BR/2.0BA Model at Wallace Terrace Apartments in the in the Commonwealth neighborhood starting from $1,450. 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. |
---|---|---|---|
Wallace Terrace Apartments | 3BR/2.0BA | 3BR,2BA | $1.21 |
The Lofts at Hawthorne Mill | 2 Bed/2 Bath | 2BR,2BA | $1.44 |
Millhouse | 2BR/2.0BA | 2BR,2BA | $1.62 |
Elevate Tryon | 1BR/1.0BA | 1BR,1BA | $1.10 |
Enclave at Oakhurst | B2 | 2BR,1.5BA | $1.51 |
Lake Hill Apartments | Two Bedroom Garden | 2BR,2BA | $1.26 |
Ashby Gardens | 1 Bedroom 1 Bath | 1BR,1BA | $1.41 |
Kilborne Apartments | One Bedroom Garden | 1BR,1BA | $1.33 |
Edgeline Flats on Davidson | Monorail | 1BR,1BA | $1.66 |
Vista Commons | Enclave | 1BR,1BA | $1.58 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Commonwealth
What type of rentals are currently available in Commonwealth?
There are currently 283 Apartments for Rent in Commonwealth, NC with pricing that ranges from $850 to $9,540. There are also 156 Single Family Homes for rent, Condos, and Townhome rentals currently available in Commonwealth ranging from $750 to $7,000.
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 $750 to $7,000 with an average monthly rent of $2,880.
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 $1,200 to $9,471, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $4,815.
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.