
Cheap Homes for Rent in First Ward Neighborhood of Charlotte, NC from $500 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the First Ward area of Charlotte.


1314 N McDowell St

904 Harrill St

715 N Church St, Unit 607, Unit 607

715 N Church St

1121 Myrtle 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.

715 N Church St, Unit 22

505 E 6th St

515 N Church St

515 N Church St, Unit 303, Unit 303

600 Hawthorne Ln

229 N Poplar St, Unit 29, Unit 29
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.

229 N Poplar St

212 W 10th St

718 W Trade St

710 W Trade St

712 N Davidson St

710 W Trade St, Unit 518
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.

210 N Church St

300 W 5th St
First Ward, Charlotte, NC Local Guide

How much does it cost to rent a home in First Ward?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| First Ward 2 Bedroom Homes for Rent | $2,396 | $1,025 | $4,500 |
| First Ward 3 Bedroom Homes for Rent | $4,028 | $1,750 | $10,000+ |
| First Ward 4 Bedroom Homes for Rent | $8,850 | $3,400 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the First Ward Neighborhood of Charlotte, NC.
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First Ward, Charlotte, NC Local Guide
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Cheapest Available First Ward Apartments for Rent
 The cheapest available apartment rental in the First Ward area of Charlotte, NC is a Studio unit found at Elevate Tryon priced from $825. MAA Gateway has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable First Ward apartments for rent in Charlotte, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elevate Tryon | 0BR/1.0BA | Studio,1BA | $825 |
| MAA Gateway | Studio 0x1 324-882 SF | Studio,1BA | $915 |
| MAA Uptown | Studio 0x1 509-566 SF | Studio,1BA | $950 |
| 300 Optimist Park | Studio - 1 Bath | Studio,1BA | $1,115 |
| Edgeline Flats on Davidson | Monorail | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in First Ward, NC
As of May 22, 2026 the best value apartment in the First Ward area is the $1.40 price per square foot C2 Model at The Kensington in the in the Biddleville neighborhood starting from $1,873. The second greatest value First Ward apartment is the 11CL Model at MAA Enclave starting at $1,898 with a $1.73 price per square foot in the Elizabeth neighborhood. Here is today’s list of the best values for First Ward apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Kensington | C2 | 3BR,2BA | $1.40 |
| MAA Enclave | 11CL | 1BR,1BA | $1.73 |
| Alister Uptown | S10D Renovated | Studio ,1BA | $1.78 |
| MAA Gateway | Traditional 1x1 702-808 SF | 1BR,1BA | $1.68 |
| Uptown Gardens | A2 | 1BR,1BA | $1.56 |
| Edgeline Flats on Davidson | Monorail | 1BR,1BA | $1.53 |
| Millhouse | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Elevate Tryon | 1BR/1.0BA | 1BR,1BA | $1.41 |
| 415 Flats | 1BR/1.0BA | 1BR,1BA | $1.78 |
| MAA Uptown | Studio 0x1 509-566 SF | Studio ,1BA | $1.79 |
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 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 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.
Pet Friendly LifestyleFirst Ward, Charlotte, NC
Ranked #45
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about First Ward
What type of rentals are currently available in First Ward?
There are currently 156 Apartments for Rent in First Ward, NC with pricing that ranges from $825 to $16,591. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in First Ward ranging from $1,025 to $14,500.
What is the current price range for Rental Homes in First Ward?
Today's rental pricing for Homes for Rent, Condos and Townhomes in First Ward ranges from $1,025 to $14,500 with an average monthly rent of $3,699.
How much are larger Three and Four Bedroom Rentals in First Ward?
For those who are looking for larger living arrangements, Three Bedroom Apartments in First Ward range from $1,837 to $16,591, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $14,500. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $1,863.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.