
Cheap Homes for Rent in Newell Neighborhood of Charlotte, NC from $400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Newell area of Charlotte.


9523 University Terrace Dr, Unit M

9523 University Terrace Dr, Unit M

1701 Bonnie Ln

10510 Plantain Ct

10510 Plantain Ct
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Room in Townhome on Bunclody Dr

10510 Plantain Ct

2472 Ryerson Ct

9329 Old Concord Rd

1645 Arlyn Cir

1610 Arlyn Cir
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.

1614 Arlyn Cir
Newell, Charlotte, NC Local Guide

How much does it cost to rent a home in Newell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newell 2 Bedroom Homes for Rent | $1,503 | $1,350 | $1,700 |
| Newell 3 Bedroom Homes for Rent | $1,953 | $1,450 | $2,400 |
| Newell 4 Bedroom Homes for Rent | $2,135 | $500 | $2,925 |
| Newell 5 Bedroom Homes for Rent | $2,367 | $660 | $3,300 |
| Newell 6 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Newell Neighborhood of Charlotte, NC.
Explore Charlotte
Cheapest Available Newell Apartments for Rent
 The cheapest available apartment rental in the Newell area of Charlotte, NC is a 1 Bed unit found at Magnolia Terrace priced from $1,009. MAA Chancellor Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,138. Here are the most affordable Newell apartments for rent in Charlotte, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Magnolia Terrace | 1A | 1BR,1BA | $1,009 |
| MAA Chancellor Park | Windsor | 1BR,1BA | $1,138 |
| Avana Avebury | Aberdeen | 1BR,1BA | $1,224 |
| The Piedmont | 1x1-648 Upgraded | 1BR,1BA | $1,229 |
| Belle Haven Apartments | Andover | 1BR,1BA | $1,273 |
Best Value Apartments for Rent in Newell, NC
As of May 25, 2026 the best value apartment in the Newell area is the $0.58 price per square foot D1A Model at The Drake in the in the Back Creek Downs neighborhood starting from $830. The second greatest value Newell apartment is the 9523 University Terrace Dr Model at 9523 University Terrace Dr, Unit Apt M University terrace starting at $500 with a $0.46 price per square foot in the Back Creek Downs neighborhood. Here is today’s list of the best values for Newell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Drake | D1A | 4BR,4BA | $0.58 |
| 9523 University Terrace Dr, Unit Apt M University terrace | 9523 University Terrace Dr | 4BR,2BA | $0.46 |
| Heather Ridge | Bradley Renovated | 2BR,2BA | $1.63 |
| Avana Avebury | Aberdeen | 1BR,1BA | $1.35 |
| Rush | 2BR/2BA - A | 2BR,2BA | $1.33 |
| Belle Haven Apartments | Andover | 1BR,1BA | $1.47 |
| Zora University | A1 | 1BR,1BA | $2.17 |
| MAA Chancellor Park | Windsor | 1BR,1BA | $1.51 |
| The Piedmont | 1x1-648 Upgraded | 1BR,1BA | $1.90 |
| Magnolia Terrace | 1A | 1BR,1BA | $1.80 |
Frequently Asked Questions about Newell
What type of rentals are currently available in Newell?
There are currently 28 Apartments for Rent in Newell, NC with pricing that ranges from $500 to $11,369. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newell ranging from $495 to $4,800.
What is the current price range for Rental Homes in Newell?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Newell ranges from $495 to $4,800 with an average monthly rent of $2,231.
How much are larger Three and Four Bedroom Rentals in Newell?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Newell range from $740 to $11,369, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,400. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $500.
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

The 10 Best Affordable Neighborhoods in Charlotte, NC
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.