Cheap Homes for Rent in Charlotte, NC from $400 (242 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Charlotte.

property at 525 Lex Dr

$400

1 Bedroom Rentals

Available Now

525 Lex Dr

CharlotteNC28262

Authentic Charlotte: An Insider's Guide to the Queen City's Neighborhoods and Quirks

Moving to Charlotte? Let our local expert guide you through Uptown, South End, NoDa, and the city’s affordable, high-quality life, from banking to barbecue in our Insider's Guide to Charlotte.

Read Article

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 8205 Knollwood Cir

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

1 Bedroom, 0.5 Bath Home for Rent

Available Now

8205 Knollwood Cir

CharlotteNC28213

Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlotte's Big Four Employers

Find your perfect Charlotte neighborhood! Explore vibrant communities like South End, Dilworth, and NoDa, with tips for renters balancing work, family, and commute time.

Read Article

Charlotte's Best Affordable Neighborhoods

Learn about Charlotte and the best places to live with original content written by our Charlotte, NC Local Expert Carrie Catalano!

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 5

Charlotte, NC Local Guide

Cheapest Neighborhoods for Apartments in Charlotte, NC

Pricing Updated: 09/02/2026

Current apartment rentals in the Charlotte, NC area range in price from $446 to $17,427 with an overall median price of $1,740. The three Charlotte neighborhoods with the lowest median rent pricing are Thomasboro at $1,195, Toddville Road at $1,195, and Westchester at $1,195. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Charlotte Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Thomasboro$1,195$85032
Toddville Road$1,195$99531
Westchester$1,195$1,19510
Laural Park$1,199$9993
Statesville$1,237$896137
Todd Park$1,254$85031
Stagecoach Station$1,260$82539
Oak Forest$1,263$89964
Council Oaks$1,300$85019
Kingswood$1,300$95018

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 $599. The Mezzanine at Freedom Apartments in the Biddleville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $801. Here is today’s list of the most affordable Charlotte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pleasant View ApartmentsThe Waverly2BR,1BA$599
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$801
Creekside Canopy1.1 B - Creekside1BR,1BA$818
The Flats at ArrowoodA1Studio,1BA$861
Alice Avenue1 bed 1 bath1BR,1BA$875
Commons at University SquareA11BR,1BA$879
Terrace View Senior Apartments1 Beds, 1 Baths1BR,1BA$895
Lynnwood Garden Apartments1 bed 1 bath1BR,1BA$895
Chimneys ApartmentsStudioStudio,1BA$899
Cedar Greene ApartmentsClassic Garden1BR,1BA$899

Best Value Apartments for Rent in Charlotte, NC

As of September 02, 2026 the best value apartment in the Charlotte area is the $0.68 price per square foot 3x2 Model at 8822 Addingham Dr in the in the Norwood at McIntyre neighborhood starting from $1,690. The second greatest value Charlotte apartment is the D1A Model at The Drake starting at $850 with a $0.59 price per square foot in the East Charlotte 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.
8822 Addingham Dr3x23BR,3BA$0.68
The DrakeD1A4BR,4BA$0.59
The Landon ApartmentsB2-2 Renovated2BR,2BA$1.03
Northlake Center Apartments3 Bdrm SP3BR,2BA$1.00
Campus Walk Condominiums3 Br Student Rental3BR,2BA$0.51
West Side FlatsB2-50%2BR,2BA$0.98
Pleasant View ApartmentsThe Claymont3BR,1BA$0.67
Ashby Gardens1 Bedroom 1 Bath Townhomes1BR,1BA$1.05
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.77
The Mezzanine at Freedom ApartmentsEnderly1BR,1BA$0.97

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 Article
Decorative image

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

Read Article
Decorative image

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Charlotte, NC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Charlotte, NC

View Map
Charlotte, NC Apartments Map
View Map
Charlotte, NC Rental Homes Map

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 $599 to $17,255. There are also 2837 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlotte ranging from $230 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 $230 to $14,000 with an average monthly rent of $2,187.

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 $650 to $15,791, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $14,000. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $769.

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

decorative image for From South End to Myers Park: Charlottes Best Short-Term Rental Neighborhoods article

From South End to Myers Park: Charlottes Best Short-Term Rental Neighborhoods

Written by: Carrie Catalano

Hey there! I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte and its suburban neighborhoods.

decorative image for Authentic Charlotte: An Insider's Guide to the Queen Citys Neighborhoods and Quirks article

Authentic Charlotte: An Insider's Guide to the Queen Citys Neighborhoods and Quirks

Written by: Carrie Catalano

Hello from Charlotte, North Carolina! I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, and I'm thrilled to share the inside scoop on this incredible city that I've called home for over a decade.

decorative image for Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlottes Big Four Employers article

Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlottes Big Four Employers

Written by: Carrie Catalano

I'm Carrie, and I've been calling the Charlotte area home for a few years now.

decorative image for Expert's Guide to the Top Neighborhoods in Charlotte, NC for College Renters article

Expert's 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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.