Cheap Homes for Rent in Charlotte, NC from $500 (225 Rentals)

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property at 2740 Grimes St

2740 Grimes St

CharlotteNC28206
Showing Results 1-50, Page 1 of 5

Charlotte, NC Local Guide

Cheapest Neighborhoods for Apartments in Charlotte, NC

Pricing Updated: 06/28/2025

Current apartment rentals in the Charlotte, NC area range in price from $356 to $13,500 with an overall median price of $2,422. The three Charlotte neighborhoods with the lowest median rent pricing are Laural Park at $1,020, Council Oaks at $785, and Tina Village at $785. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Charlotte Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Laural Park$1,120$1,0201
Council Oaks$1,412$78520
Tina Village$1,412$78520
Lakeview Acres$1,425$78516
Newtowne Estates$1,425$78537
Crowders View$1,450$85035
Icemorlee$1,470$78542
Spencer Mountain Village$1,495$1,0959
Derita$1,499$9158
Rockwell Park Hemphill Heights$1,499$9155

Cheapest Available Charlotte Apartments for Rent

 

The cheapest available apartment rental in Charlotte, NC is a 1 Bed unit found at Walden Station in the Mineral Springs neighborhood priced from $720. Archdale Senior in the Yorkmount neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Walden Station3 Bedroom 3 Bath Unit A1BR,1BA$720
Archdale Senior1 Bedroom 1 Bathroom1BR,1BA$850
Vivo Living Arbor ViewStudioStudio,1BA$874
Huntersville Apartment HomesStudioStudio,1BA$892
Cedar Greene ApartmentsClassic Garden1BR,1BA$899
Copper CreekThe Ash1BR,1BA$899
GreenRock EstatesThe Tillery1BR,1BA$899
The Flats at ArrowoodA1PStudio,1BA$899
The Apartments at Sailboat BayStudioStudio,1BA$915
The Grayson Apartment HomesThe Birkdale (A1)1BR,1BA$915

Best Value Apartments for Rent in Charlotte, NC

As of June 28, 2025 the best value apartment in the Charlotte area is the $1.04 price per square foot Nolan Model at Smith Farms in the in the Highland Creek neighborhood starting from $2,270. The second greatest value Charlotte apartment is the 2 Bedroom Model at Spire Apartments starting at $1,584 with a $0.98 price per square foot in the Back Creek Downs neighborhood. Here is today’s list of the best values for Charlotte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Smith FarmsNolan4BR,3.5BA$1.04
Spire Apartments2 Bedroom2BR,2BA$0.98
Legacy Concord ApartmentsC3BR,2BA$1.18
Forest Ridge Apartment Homes3 Bedroom Townhome3BR,2BA$1.14
The Union Student LivingB22BR,2BA$0.85
Elevate Tryon1BR/1.0BA1BR,1BA$1.10
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.81
Yugo Charlotte College Downs2 Bed, 2 Bath Classic2BR,2BA$1.11
Millennium OneB12BR,2BA$1.14
Seneca Woods Apartments2 Bedroom2BR,1BA$1.09

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Frequently Asked Questions about Charlotte

What type of rentals are currently available in Charlotte?

There are currently 1618 Apartments for Rent in Charlotte, NC with pricing that ranges from $533 to $13,500. There are also 2505 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlotte ranging from $225 to $14,000.

What is the current price range for Rental Homes in Charlotte?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Charlotte ranges from $225 to $14,000 with an average monthly rent of $2,564.

How much are larger Three and Four Bedroom Rentals in Charlotte?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Charlotte range from $740 to $13,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $7,350. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $699.

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.

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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.

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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.

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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.

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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.