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Updated 29 minutes ago

NOVEL University Place by Crescent Communities


5315 Waters Edge Village Dr Charlotte, NC

Studio - 3 Bed
•
1 - 2 Bath

579 - 1,905 Sq. Ft.

Available Now
Deal

Take Advantage of up to 10 weeks free + $1000 Gift Card - Move In By 4/30! Minimum lease term applies. Other costs and fees excluded.
Floor plans
Studio • 1 Bath
$1,387 - $1,550
614 ft2
3 Available
Unit 5107
$1,387
Available Now
View
Unit 1107
$1,530
Available Jun 14th, 2026
View
Unit 5307
$1,550
Available Aug 8th, 2026
View
View Rented Units
Studio • 1 Bath
$1,316 - $1,541
654 ft2
2 Available
Unit 3508
$1,541
Available Now
View
Unit 2507
$1,316
Available May 22nd, 2026
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View Rented Units
Studio • 1 Bath
$1,475
579 ft2
1 Available
Unit 5311
$1,475
Available Now
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View Rented Units
Studio • 1 Bath
$1,500
653 ft2
1 Available
Unit 4109
$1,500
Available Now
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1 Bed • 1 Bath
$1,610 - $1,900
851 ft2
4 Available
Unit 3509
$1,610
Available Now
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Unit 3513
$1,610
Available Now
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Unit 3511
$1,610
Available Now
View
Unit 1505
$1,900
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,570 - $1,780
763 ft2
6 Available
Unit 1510
$1,715
Available Now
View
Unit 2504
$1,655
Available Now
View
Unit 3504
$1,705
Available Now
View
Unit 2412
$1,570
Available Now
View
Unit 1504
$1,780
Available Jun 8th, 2026
View
Unit 3512
$1,778
Available Jun 12th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,640 - $1,790
668 ft2
4 Available
Unit 2314
$1,730
Available Now
View
Unit 5108
$1,660
Available Now
View
Unit 1419
$1,790
Available May 19th, 2026
View
Unit 1416
$1,640
Available Jun 8th, 2026
View
View Rented Units
1 Bed • 1 Bath
$1,642
767 ft2
1 Available
Unit 1418
$1,642
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,715 - $1,775
653 ft2
2 Available
Unit 2312
$1,715
Available Now
View
Unit 1312
$1,775
Available Now
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2 Beds • 2 Bath
$2,112 - $2,486
1276 ft2
4 Available
Unit 1317
$2,112
Available Now
View
Unit 1117
$2,288
Available Now
View
Unit 1320
$2,486
Available Now
View
Unit 2102
$2,336
Available May 16th, 2026
View
View Rented Units
2 Beds • 2 Bath
$2,382 - $2,457
1073 ft2
2 Available
Unit 1402
$2,457
Available Now
View
Unit 2402
$2,382
Available Jul 15th, 2026
View
View Rented Units
2 Beds • 2 Bath
$1,966 - $2,120
1061 ft2
3 Available
Unit 1115
$1,996
Available Now
View
Unit 4315
$1,966
Available Now
View
Unit 3315
$2,120
Available Jun 23rd, 2026
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3 Beds • 2 Bath
$3,600 - $3,800
1905 ft2
3 Available
Unit 3201
$3,800
Available Now
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Unit 3201
$3,800
Available Now
View
Unit 3201
$3,600
Available Jun 24th, 2026
View
3 Beds • 2 Bath
$2,950 - $3,012
1426 ft2
4 Available
Unit 1420
$2,962
Available Now
View
Unit 4420
$2,982
Available Now
View
Unit 1421
$3,012
Available Now
View
Unit 2420
$2,950
Available May 19th, 2026
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View Rented Units
Where you'll live
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NOVEL University Place by Crescent Communities
NOVEL University Place by Crescent Communities
NOVEL University Place by Crescent Communities
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Storage
Refrigerator
Garbage Disposal
Pool
Walk In Closets
Freezer
Dishwasher
Library
Pantry
Lounge Seating
Hammocks
Cabanas
Barbecue
Secured Entry
24-hour Maintenance
High / Vaulted Ceiling
High-speed Internet
Cable-ready
Heat: Forced Air
Central A / C
Stainless Steel Appliances
Range / Oven
Microwave
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Park
Restrictions:

We welcome 2 pets per apartment home. There is a $350 non-refundable pet fee for the first pet and $100 for the second. Pet rent is $25 per month. There is a weight limit of 75 pounds per pet, and aggressive breeds are prohibited.

Pet Fee: $350.0
Pet Rent: $25.0
Size Restrictions:

Bird up to 75 lbs. Cat up to 75 lbs. Dog up to 75 lbs.

Parking
Covered Parking
Surface Parking
Garage - Attached
Off-street Parking
Lease & Fees
Application Fee:

$75.00

Lease Length:

Available months 12,13,14,15

Security Deposit:

$250.00

Property details
Description

Live at the center of University City Charlotte at NOVEL University Place. Choose from studio to three-bedroom apartments with modern finishes, lake views, and walkable access to dining, shopping, and greenways. Enjoy a resort-style pool, fitness center, coworking spaces, and easy access to UNC Charlotte and the Lynx light rail.

Additional Details
Year Built: 2022
Total Unit Count: 311
Last Updated: Updated 29 minutes ago
Contact Number: (980) 246-4963
Office Hours
Sunday: 1:00 PM - 5:00 PM
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 10:00 AM - 5:00 PM
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for NOVEL University Place by Crescent Communities by bedroom type below.
Studio
Suggested income:
$53,000
per year
1 Bedroom
Suggested income:
$63,300
per year
2 Bedroom
Suggested income:
$80,600
per year
3 Bedroom
Suggested income:
$118,800
per year
Rent report

NOVEL University Place by Crescent Communities Rent vs. Charlotte Average

 NOVEL University Place by Crescent Communities      Charlotte Average
Studio
$1,471
$1,265
$0
$500
$1,000
$1,500
$2,000
1BR
$1,760
$1,413
$0
$600
$1,200
$1,800
$2,400
2BR
$2,238
$1,822
$0
$750
$1,500
$2,250
$3,000
3BR
$3,301
$2,253
$0
$1,100
$2,200
$3,300
$4,400

NOVEL University Place by Crescent Communities is asking 16% more than the average studio apartment in Charlotte.

If you upsized to an average priced Charlotte 1 bedroom apartment, you would pay 10% more per month.

NOVEL University Place by Crescent Communities provides 27% more square footage than the average Charlotte studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
NOVEL University Place by Crescent Communities
Studio $1,471 $2.40 $4,414
1BR $1,760 $2.20 $5,279
2BR $2,238 $1.90 $6,714
3BR $3,301 $2.00 $9,903
Charlotte Average
Studio $1,265 $2.60 $3,796
1BR $1,413 $1.80 $4,238
2BR $1,822 $1.60 $5,466
3BR $2,253 $1.50 $6,758
4BR $2,379 $1.20 $7,138

Availability in Charlotte

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3,029 1BR units on the market in Charlotte. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
10% 40% 36% 12% 2%
Available Units in Charlotte
Studio 727
1BR 3,029
2BR 2,672
3BR 898
4BR 130
Location
Nearby Colleges

Johnson And Wales University Charlotte

Central Piedmont Community College

Queens University Of Charlotte

University of North Carolina at Charlotte

Nearby Hospitals
Name Distance
Novant Health Prespyterian Medical Center 1.5 mi.
Novant Hospital Charlotte Orthopedic Hospital 1.58 mi.
Carolinas Medical Center 1.62 mi.
Nearby Fire Stations
Name Distance
Charlotte Fire Department 0.99 mi.
Steele Creek Volunteer Fire Department And Rescue Services 3.33 mi.
Charlotte Volunteer Fire Department 5.06 mi.
FAQs
Is this property currently leasing units?
Yes. There are 45 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 41 units available for move-in over the next 2 months. 28 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 579 to 1,905 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,316 to $3,800. NOVEL University Place by Crescent Communities has studio units available starting at $1,316, 1 bedroom units available starting at $1,570, 2 bedroom units available starting at $1,966, and 3 bedroom units available starting at $2,950.
Where is this property located?
This property is at 5315 Waters Edge Village Dr in Charlotte, NC. It's 0.5 miles northwest from the center of Charlotte.
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