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NOVEL University Place by Crescent Communities


5315 Waters Edge Village Dr Charlotte, NC

Studio - 3 Bed
1 - 2 Bath

574 - 1,905 Sq. Ft.

Available Now
Studio • 1 Bath
$1,713 - $1,734
653 ft2
2 Available
Unit 5309
$1,734
Available Now
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Unit 4309
$1,713
Available Aug 22nd, 2026
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Studio • 1 Bath
$1,645
579 ft2
1 Available
Unit 4311
$1,645
Available Aug 27th, 2026
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Studio • 1 Bath
$1,763
654 ft2
1 Available
Unit 2508
$1,763
Available Sep 9th, 2026
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Studio • 1 Bath
$1,489
574 ft2
1 Available
Unit 2406
$1,489
Available Oct 24th, 2026
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1 Bed • 1 Bath
$1,629 - $1,727
763 ft2
4 Available
Unit 1510
$1,727
Available Now
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Unit 3512
$1,629
Available Now
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Unit 2512
$1,629
Available Now
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Unit 2506
$1,664
Available Aug 25th, 2026
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1 Bed • 1 Bath
$1,569 - $1,703
851 ft2
2 Available
Unit 1505
$1,703
Available Now
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Unit 2513
$1,569
Available Now
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1 Bed • 1 Bath
$1,595
767 ft2
1 Available
Unit 1418
$1,595
Available Now
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1 Bed • 1 Bath
$1,514 - $1,664
668 ft2
4 Available
Unit 3114
$1,514
Available Now
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Unit 3417
$1,664
Available Aug 16th, 2026
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Unit 2416
$1,514
Available Aug 22nd, 2026
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Unit 4118
$1,514
Available Sep 24th, 2026
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1 Bed • 1 Bath
$2,337
923 ft2
1 Available
Unit 2202
$2,337
Available Sep 26th, 2026
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2 Beds • 2 Bath
$2,399
1073 ft2
1 Available
Unit 1402
$2,399
Available Now
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2 Beds • 2 Bath
$2,563
1130 ft2
1 Available
Unit 3401
$2,563
Available Now
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2 Beds • 2 Bath
$2,333 - $2,563
1276 ft2
4 Available
Unit 2102
$2,333
Available Now
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Unit 3320
$2,533
Available Now
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Unit 5301
$2,433
Available Aug 14th, 2026
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Unit 1320
$2,563
Available Aug 20th, 2026
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2 Beds • 2 Bath
$2,283 - $2,378
1061 ft2
3 Available
Unit 5115
$2,303
Available Now
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Unit 1303
$2,283
Available Aug 22nd, 2026
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Unit 1103
$2,378
Available Oct 15th, 2026
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3 Beds • 2 Bath
$3,159
1905 ft2
2 Available
Unit 3201
$3,159
Available Now
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Unit 3201
$3,159
Available Now
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3 Beds • 2 Bath
$2,721 - $2,799
1426 ft2
4 Available
Unit 1420
$2,751
Available Now
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Unit 4420
$2,770
Available Now
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Unit 1421
$2,799
Available Now
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Unit 2420
$2,721
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
94
Walker's Paradise
Transit Score®
78
Excellent Transit
Bike Score®
50
Bikeable
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.

Pet Management - Third Party:

20.00 One time due at Move in

Pet Fee:

350.00 One time due at Move in

Pet Fee - Additional Pet:

100.00 One time due at Move in

Pet Rent:

25.00 Monthly

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

Security Deposit (refundable):

250.00 One time due at Move in

Month-to-month Fee:

600.00 Per occurrence

Intra-community Transfer Fee:

750.00 Per occurrence

Application Fee:

75.00 One time due at Application

Administrative Fee:

150.00 One time due at Application

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
Parking - Reserved: 75.00 Monthly
Parking - Garage: 300.00 Monthly
Access Device - Replacement: 25.00 Per occurrence
Returned Payment Fee (nsf): 35.00 Per occurrence
Access Device: 25.00 One time due at Move in
Package Services: 15.00 Monthly
Common Area/clubhouse Rental: 500.00 Per occurrence
Total Unit Count: 311
Last Updated: Updated 1 minute 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
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:
$60,000
per year
1 Bedroom
Suggested income:
$61,400
per year
2 Bedroom
Suggested income:
$87,100
per year
3 Bedroom
Suggested income:
$104,100
per year
Rent report

NOVEL University Place by Crescent Communities Rent vs. Charlotte Average

 NOVEL University Place by Crescent Communities      Charlotte Average
Studio
$1,669
$1,374
$0
$550
$1,100
$1,650
$2,200
1BR
$1,705
$1,429
$0
$600
$1,200
$1,800
$2,400
2BR
$2,421
$1,848
$0
$800
$1,600
$2,400
$3,200
3BR
$2,893
$2,231
$0
$950
$1,900
$2,850
$3,800

NOVEL University Place by Crescent Communities is asking 21% more than the average studio apartment in Charlotte.

If you upsized to an average priced Charlotte 1 bedroom apartment, you would pay 4% more per month.

NOVEL University Place by Crescent Communities provides 21% 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 $1,669 $2.70 $5,006
1BR $1,705 $2.20 $5,115
2BR $2,421 $2.10 $7,263
3BR $2,893 $1.80 $8,680
Charlotte Average
Studio $1,374 $2.70 $4,121
1BR $1,429 $1.80 $4,286
2BR $1,848 $1.60 $5,545
3BR $2,231 $1.50 $6,693
4BR $2,505 $1.20 $7,516

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 3,400 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% 41% 35% 12% 2%
Available Units in Charlotte
Studio 800
1BR 3,400
2BR 2,900
3BR 975
4BR 134
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes. There are 33 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 31 units available for move-in over the next 2 months. 19 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 574 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 $1,514 to $3,159. NOVEL University Place by Crescent Communities has studio units available starting at $1,645, 1 bedroom units available starting at $1,514, 2 bedroom units available starting at $2,283, and 3 bedroom units available starting at $2,721.
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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