Apartments in NoDa Charlotte

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2
$1,460 - 1,475
Charlotte, NC
1 BR | Available Now
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Plaza-Midwood
11
$1,580
1611-201 Central Ave Charlotte, NC
1 BR | Ask for Availability
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Storage
22
$1,925
Charlotte, NC
3 BR | Available Now
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Shannon Park
29
$1,067
824 Seigle Point Dr Charlotte, NC
1 BR | Available Now
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26
$995
744 Seigle Point Dr Charlotte, NC
1 BR | Available Now
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30
$1,999
Charlotte, NC
2 BR | May. 8, 2024
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20
$1,080
717 Garden District Dr Charlotte, NC
1 BR | Available Now
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14
$1,495
719 Garden District Dr Charlotte, NC
1 BR | Available Now
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37
$2,200
822 Garden St Charlotte, NC
2 BR | Jun. 1, 2024
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42
$3,500
Charlotte, NC
3 BR | Ask for Availability
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17
$1,195
715 N Church St #403 Charlotte, NC
1 BR | Available Now
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Fourth Ward
31
$1,750
Charlotte, NC
2 BR | Available Now
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Balcony/Deck/Patio
27
$2,750
1611 Sunnyside Dr Charlotte, NC
3 BR | Available Now
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Elizabeth
12
$1,300
Charlotte, NC
1 BR | Available Now
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Fourth Ward
18
$900 - 1,250
508 N Tryon St Charlotte, NC
Studio - 1 BR | Available Now
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Fourth Ward
8
$2,400
Charlotte, NC
2 BR | Jun. 8, 2024
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2
$1,449 - 1,575
515 N Church St Charlotte, NC
1 BR | Available Now
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Fourth Ward
22
$739 - 1,029
Charlotte, NC
1 - 2 BR | Available Now
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Section 8
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18
$1,895
2208 Kilborne Dr Charlotte, NC
3 BR | May. 15, 2024
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$1,335
2467-3 Julia Ave Charlotte, NC
2 BR | Available Now
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$1,335
2467-2 Julia Ave Charlotte, NC
2 BR | Available Now
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$1,335
2467-4 Julia Ave Charlotte, NC
2 BR | Available Now
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$1,335
Charlotte, NC
2 BR | Available Now
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$1,335
Charlotte, NC
2 BR | Available Now
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13
$1,275
2321-2 Julia Ave Charlotte, NC
2 BR | Available Now
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35
$1,937 - 2,953
810 E 7Th St Charlotte, NC
2 BR | Available Now
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18
$1,950
Charlotte, NC
3 BR | Available Now
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2
$1,595
Charlotte, NC
3 BR | Available Now
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24
$1,550
505 E 6th St #302 Charlotte, NC
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NoDa Neighborhood Summary

Short for North Davidson, NoDa is Charlotte’s hippest historic district. Though this neighborhood began as the city’s textile district, it has reemerged as one of the most artsy areas of Charlotte. Boho free spirits and hipsters can be seen milling outside of trendy restaurants and bars, experimental galleries, and tastefully shabby entertainment venues. Most of the residential housing in this area are apartments and condos, encouraging a sense of urban living and community. This neighborhood is perfect for those that love to frequent galleries, attend underground shows, and frequent hip bars, then NoDa is the perfect place for you!

Charlotte:
May Rent Report

Welcome to the May 2024 Charlotte Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Charlotte rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Charlotte and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Charlotte average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Charlotte Rent Prices Decrease From April to May

Charlotte rent prices decreased over the last month. From April to May, the city experienced a -1.06% decrease for the price of a one-bedroom apartment. The rent price for a Charlotte one-bedroom apartments currently stands at $1,307.0.

When we take a look at the two-bedroom comparison from April to May, Charlotte experienced a -0.74% decrease for the price of a two-bedroom apartment. The rent price for a Charlotte two-bedroom apartments currently stands at $1,606.0.

May Prices: Charlotte vs. Surrounding Areas

Mooresville, NC
Huntersville, NC
Matthews, NC
Rock Hill, SC
Concord, NC
Charlotte, NC
Gastonia, NC
$1,666
$1,538
$1,449
$1,373
$1,358
$1,321
$1,027
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Charlotte and Surrounding Areas

Rent prices have decreased in Charlotte over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Charlotte suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Concord, NC, Gastonia, NC, Mooresville, NC .

  • Rent decreased in Rock Hill, SC, Huntersville, NC, Matthews, NC.

  • 5 suburbs are currently priced higher than the city of Charlotte.

  • 1 suburb is currently priced lower than the city of Charlotte.

May 2024 Pricing Trends: Charlotte vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Charlotte, NC
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,321
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Charlotte Rent Prices More Affordable Than Major Cities

Rent growth in Charlotte over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Charlotte average rent prices appear to be relatively affordable for local residents.

The price for a Charlotte one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Charlotte and surrounding area rent prices, take a look at the complete data set below.

Data set for Charlotte and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Charlotte, NC $1,321.0 -1.20% $1,618.0 -1.58%
Concord, NC $1,358.0 0.37% $1,510.0 0.80%
Rock Hill, SC $1,373.0 -1.01% $1,513.0 0.33%
Gastonia, NC $1,027.0 0.29% $1,176.0 -0.51%
Mooresville, NC $1,666.0 1.59% $1,772.0 0.51%
Huntersville, NC $1,538.0 -1.28% $2,110.0 1.39%
Matthews, NC $1,449.0 -6.03% $1,773.0 -0.89%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.