Cheap Homes for Rent in Charlotte, NC from $500 (687 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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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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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.

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Charlotte, NC Local Guide

Cheapest Neighborhoods for Apartments in Charlotte, NC

Pricing Updated: 12/06/2025

Current apartment rentals in the Charlotte, NC area range in price from $356 to $33,600 with an overall median price of $5,310. The three Charlotte neighborhoods with the lowest median rent pricing are Nevin Community at $963, Laural Park at $1,030, 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$1,129$1,0301
Westchester$1,287$1,22513
Crowders View$1,345$95031
Thomasboro$1,362$85042
Hamilton Circle$1,400$85027
Council Oaks$1,475$85018
Tina Village$1,475$85018
Spencer Mountain Village$1,495$1,1009
Back Creek Church Road$1,509$499122

Cheapest Available Charlotte Apartments for Rent

 

The cheapest available apartment rental in Charlotte, NC is a 1 Bed unit found at Northlake Center Apartments in the Norwood at McIntyre neighborhood priced from $369. Archdale Senior in the Yorkmount neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $535. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northlake Center Apartments1 Bedroom1BR,1BA$369
Archdale SeniorA2.1-30%-PBV-TU1BR,1BA$535
Somerset ApartmentsB1 TWO BEDROOM ONE BATH2BR,1BA$569
Pleasant View ApartmentsThe Waverly2BR,1BA$624
West Side FlatsA2 TU 60%1BR,1BA$700
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$771
The Apartments at Sailboat BayStudioStudio,1BA$789
Walden Station3 Bedroom Handicap1BR,1BA$800
The Flats at ArrowoodA1Studio,1BA$819
Andover WoodsThe Ansley1BR,1BA$865

Best Value Apartments for Rent in Charlotte, NC

As of December 06, 2025 the best value apartment in the Charlotte area is the $1.06 price per square foot 4BR/3.5BA Model at Towns at Rocky River in the in the Back Creek Downs neighborhood starting from $2,350. The second greatest value Charlotte apartment is the 2 Bedroom Model at Spire Apartments starting at $1,588 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.
Towns at Rocky River4BR/3.5BA4BR,3.5BA$1.06
Spire Apartments2 Bedroom2BR,2BA$0.98
Yugo Charlotte College Downs4 Bed, 4 Bath4BR,4BA$0.51
Rise SunridgeB2 Classic2BR,1.5BA$0.98
Steele Creek2BR/2.0BA2BR,2BA$1.07
Maple RunThe Elizabeth3BR,2BA$1.10
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.85
Pleasant View ApartmentsThe Waverly2BR,1BA$0.70
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$0.93
Northlake Center Apartments1 Bedroom1BR,1BA$0.54

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.

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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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Top 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

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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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Charlotte, NC Rental Homes Map

Frequently Asked Questions about Charlotte

What type of rentals are currently available in Charlotte?

There are currently 1745 Apartments for Rent in Charlotte, NC with pricing that ranges from $369 to $33,600. There are also 3296 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlotte ranging from $549 to $11,000.

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 $549 to $11,000 with an average monthly rent of $2,849.

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 $1,075 to $9,501. Four Bedroom Single-Family rentals are also available starting from $1,339 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!