Cheap Homes for Rent in Charlotte, NC from $500 (336 Rentals)

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Charlotte, NC Local Guide

Cheapest Neighborhoods for Apartments in Charlotte, NC

Pricing Updated: 11/07/2025

Current apartment rentals in the Charlotte, NC area range in price from $356 to $30,000 with an overall median price of $5,241. The three Charlotte neighborhoods with the lowest median rent pricing are Nevin Community at $963, Laural Park at $1,020, and Westchester at $1,225. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Charlotte Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Nevin Community$963$9631
Laural Park$1,139$1,0202
Westchester$1,287$1,22512
Crowders View$1,345$95035
Thomasboro$1,387$85039
Hamilton Circle$1,425$85030
Lakeview Acres$1,465$85020
Council Oaks$1,475$85022
Icemorlee$1,475$85045
Newtowne Estates$1,475$85041

Cheapest Available Charlotte Apartments for Rent

 

The cheapest available apartment rental in Charlotte, NC is a 2 Beds unit found at Pleasant View Apartments in the Hickory Ridge neighborhood priced from $624. Somerset Apartments in the Tryon Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $648. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pleasant View ApartmentsThe Waverly2BR,1BA$624
Somerset ApartmentsB1 TWO BEDROOM ONE BATH2BR,1BA$648
West Side FlatsA2 TU 60%1BR,1BA$700
The Apartments at Sailboat BayStudioStudio,1BA$789
Walden Station3 Bedroom Handicap1BR,1BA$800
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$801
The Flats at ArrowoodA1Studio,1BA$819
Northlake Center Apartments1 Bedroom1BR,1BA$825
Huntersville Apartment HomesStudioStudio,1BA$845
Vivo Living Arbor ViewSTDO - StudioStudio,1BA$849

Best Value Apartments for Rent in Charlotte, NC

As of November 07, 2025 the best value apartment in the Charlotte area is the $1.01 price per square foot 4BR/3.5BA Model at Towns at Rocky River in the in the Back Creek Downs neighborhood starting from $2,250. The second greatest value Charlotte apartment is the Ashley Model at The Grove Residences starting at $1,999 with a $1.14 price per square foot in the Farm Pond 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.
Towns at Rocky River4BR/3.5BA4BR,3.5BA$1.01
The Grove ResidencesAshley3BR,2.5BA$1.14
Spire Apartments2 Bedroom2BR,2BA$0.98
Yugo Charlotte College Downs4 Bed, 4 Bath4BR,4BA$0.51
Steele Creek2BR/2.0BA2BR,2BA$1.07
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.84
Pleasant View ApartmentsThe Waverly2BR,1BA$0.70
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$0.97
The Grayson Apartment HomesThe Birkdale (A1)1BR,1BA$1.13
TOWNES AT UNIVERSITYAlexander1BR,1BA$1.16

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Pet Friendly Lifestyle
Charlotte, NC

Ranked #1

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Charlotte

What type of rentals are currently available in Charlotte?

There are currently 1723 Apartments for Rent in Charlotte, NC with pricing that ranges from $499 to $30,000. There are also 3259 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlotte ranging from $550 to $10,500.

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 $550 to $10,500 with an average monthly rent of $2,906.

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 $709 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,085 to $9,500. Four Bedroom Single-Family rentals are also available starting from $1,549 and Four Bedroom Apartments start at $499.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.