Cheap Homes for Rent in Newell Neighborhood of Charlotte, NC from $500 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

property at 1610 Arlyn Cir

$1,295 - $1,550

3 Bedroom Rentals

Available Now

1610 Arlyn Cir

CharlotteNC28213

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.

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 $1,013. MAA Chancellor Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,038. Here are the most affordable Newell apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Magnolia Terrace1A1BR,1BA$1,013
MAA Chancellor ParkWindsor1BR,1BA$1,038
Avana AveburyAberdeen1BR,1BA$1,252
The DrakeS2Studio,1BA$1,255
Belle Haven ApartmentsAndover1BR,1BA$1,348

Best Value Apartments for Rent in Newell, NC

As of April 10, 2026 the best value apartment in the Newell area is the $0.50 price per square foot 9523 University Terrace Dr Model at 9523 University Terrace Dr, Unit Apt M University terrace in the in the Back Creek Downs neighborhood starting from $540. The second greatest value Newell apartment is the 2 Bed, 2 Bath Standard Model at Yugo Charlotte College Downs starting at $919 with a $0.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
9523 University Terrace Dr, Unit Apt M University terrace9523 University Terrace Dr4BR,2BA$0.50
Yugo Charlotte College Downs2 Bed, 2 Bath Standard2BR,2BA$0.89
Heather RidgeBradley Renovated2BR,2BA$1.68
Avana AveburyAberdeen1BR,1BA$1.38
Belle Haven ApartmentsAndover1BR,1BA$1.54
The Piedmont1x1-802 Full Renovation1BR,1BA$1.73
Zora UniversityA11BR,1BA$1.90
MAA Chancellor ParkWindsor1BR,1BA$1.60
Magnolia Terrace1A1BR,1BA$1.81
University Townhomes at Charlotte4 Bedroom First Floor4BR,4BA$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 $540 to $6,991. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newell ranging from $540 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 $540 to $4,800 with an average monthly rent of $2,290.

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 $750 to $6,991, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,595. Four Bedroom Single-Family rentals are also available starting from $540 and Four Bedroom Apartments start at $540.

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 The 10 Best Affordable Neighborhoods in Charlotte, NC article

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.

decorative image for Experts Guide to the Top Neighborhoods in Charlotte, NC for College Renters article

Experts 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.

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

Your Local Experts 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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.