Cheap Homes for Rent in Charlotte, NC from $500 (287 Rentals)

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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.

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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.

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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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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.

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Charlotte, NC Local Guide

Cheapest Neighborhoods for Apartments in Charlotte, NC

Pricing Updated: 09/15/2025

Current apartment rentals in the Charlotte, NC area range in price from $225 to $10,500 with an overall median price of $3,052. The three Charlotte neighborhoods with the lowest median rent pricing are Hartsell School at $1,275, North Wood at $1,295, and Downtown Mooresville at $1,150. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Charlotte Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hartsell School$1,287$1,2752
North Wood$1,295$1,2951
Downtown Mooresville$1,400$1,1502
Todd Park$1,595$1,5754
South Corban Avenue$1,595$1,5053
Fleetwood Ave$1,649$1,2752
Charles Gray$1,699$1,6991
Afton Village$1,700$1,7001
Short Street$1,709$1,4951
Hudson Estates$1,734$1,6492

Cheapest Available Charlotte Apartments for Rent

 

The cheapest available apartment rental in Charlotte, NC is a 2 Beds unit found at Bingham Park Apartments in the Eastway neighborhood priced from $590. Walden Station in the Mineral Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bingham Park ApartmentsTwo bedroom2BR,1BA$590
Walden Station3 Bedroom Handicap1BR,1BA$800
The Flats at ArrowoodA1Studio,1BA$819
Archdale SeniorA1.1-60%1BR,1BA$850
Reserve at ProvidenceAlexander (A1)1BR,1BA$881
Elevate Tryon0BR/1.0BAStudio,1BA$895
Copper CreekThe Ash1BR,1BA$899
GreenRock EstatesThe Tillery1BR,1BA$899
Cedar Greene ApartmentsClassic Garden1BR,1BA$899
Vivo Living Arbor ViewStudioStudio,1BA$909

Best Value Apartments for Rent in Charlotte, NC

As of September 16, 2025 the best value apartment in the Charlotte area is the $1.10 price per square foot 4BR/3.5BA Model at Towns at Rocky River in the in the Back Creek Downs neighborhood starting from $2,450. The second greatest value Charlotte apartment is the 2 Bedroom Model at Spire Apartments starting at $1,650 with a $1.02 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.
Towns at Rocky River4BR/3.5BA4BR,3.5BA$1.10
Spire Apartments2 Bedroom2BR,2BA$1.02
Yugo Charlotte College Downs4 Bed, 4 Bath4BR,4BA$0.47
Forest Ridge Apartment Homes3 Bedroom Townhome3BR,2BA$1.14
Beautiful New Apartments in Steele Creek!2BR/2.0BA2BR,2BA$1.13
The Union Student LivingC33BR,3BA$0.65
Ashley Court ApartmentsBrannigan (B1)2BR,2BA$1.18
Wallace Terrace Apartments2BR/2.0BA2BR,2BA$1.18
Bingham Park ApartmentsTwo bedroom2BR,1BA$0.61
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.81

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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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!

Explore Charlotte, NC Rentals by Map

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See the most popular apartments and homes in Charlotte, NC

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Frequently Asked Questions about Charlotte

What type of rentals are currently available in Charlotte?

There are currently 1666 Apartments for Rent in Charlotte, NC with pricing that ranges from $499 to $14,263. There are also 2936 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlotte ranging from $225 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 $225 to $10,500 with an average monthly rent of $2,442.

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 $736 to $13,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $9,500. Four Bedroom Single-Family rentals are also available starting from $525 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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.