Cheap Apartments for Rent in the South Charlotte Neighborhood of Charlotte, NC from $400 (308 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Charlotte area of Charlotte.

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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.

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 5804 Cedars E Ct

$1,100 - $1,300

1 To 2 Bedroom Rentals

Available Now

5804 Cedars E Ct

CharlotteNC28212

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.

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South Charlotte, Charlotte, NC Local Guide

Cheapest Available South Charlotte Apartments for Rent

 

The cheapest available apartment rental in the South Charlotte area of Charlotte, NC is a Studio unit found at The Flats at Arrowood priced from $819. Wallace Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $885. Here are the most affordable South Charlotte apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
The Flats at ArrowoodA1Studio,1BA$819
Wallace Townhomes2 Beds, 1.5 Baths2BR,1BA$885
Waterford Creek Apartments1 BEDROOM1BR,1BA$895
Chimneys ApartmentsStudioStudio,1BA$899
Archdale SeniorA1.1-60%1BR,1BA$923
Sharonridge Apartments1 Bedroom1BR,1BA$925
Arcadian Village Apartment Homes1.1 Flat1BR,1BA$935
The Villages Apartments1A 1 x 1Studio,1BA$948
Safire at Matthews1 Bedroom 1 Bathroom1BR,1BA$949
The Landing on FarmhurstToronto1BR,1BA$949

Best Value Apartments for Rent in South Charlotte, NC

As of July 05, 2026 the best value apartment in the South Charlotte area is the $1.29 price per square foot Fairbrook Four Model at Cedar Ridge Townhomes in the in the Griers Fork neighborhood starting from $2,547. The second greatest value South Charlotte apartment is the 2BR/2.0BA Model at Exchange at Steele Creek starting at $1,345 with a $1.03 price per square foot in the Griers Fork neighborhood. Here is today’s list of the best values for South Charlotte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Ridge TownhomesFairbrook Four4BR,2.5BA$1.29
Exchange at Steele Creek2BR/2.0BA2BR,2BA$1.03
The MadisonB2 - Renovated2BR,2BA$1.26
Villas at Fort MillThe Lux2BR,2BA$1.29
Crown Point TownhomesDogwood Upgraded - Call For Availability2BR,1.5BA$1.31
Wallace Terrace Apartments2BR/2.0BA2BR,2BA$1.07
The Landon ApartmentsB2-1 Renovated2BR,2BA$1.25
Lake Hill ApartmentsTwo Bedroom Garden2BR,2BA$1.26
Rivergate Greene2 Bedroom2BR,1BA$1.24
Waterford Creek Apartments1 BEDROOM1BR,1BA$1.30

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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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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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.

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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
South Charlotte, Charlotte, NC

Ranked #1

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Charlotte, Charlotte, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States including South Charlotte, Charlotte, and the greater Charlotte area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap South Charlotte Apartments

What is a cheap apartment in South Charlotte?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Charlotte is under $949.

What is the price of a cheap apartment in South Charlotte?

The cheapest apartment in South Charlotte is Waterford Creek Apartments which is listed at $895, while the average apartment in South Charlotte costs $19,327.

What types of apartments are the cheapest in South Charlotte?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 89 regular apartments in South Charlotte that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Charlotte?

Cheap apartments in South Charlotte have an average cost of $400 which is $18,927 cheaper than the average rent for all rentals in South Charlotte.

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

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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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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.

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Your Local Experts Guide to Top Neighborhoods to Rent Near Charlottes Big Four Employers

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

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

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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.

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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