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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
Deal

10 weeks free base rent + up to a $1000 Gift Card - Move In By 7.15! Minimum lease term applies. Other Costs and Fees Associated. 

Studio • 1 Bath
$1,715
654 ft2
1 Available
Unit 3508
$1,715
Available Now
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Studio • 1 Bath
$1,584
579 ft2
1 Available
Unit 5311
$1,584
Available Now
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Studio • 1 Bath
$1,596 - $1,698
653 ft2
3 Available
Unit 4109
$1,596
Available Now
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Unit 5309
$1,646
Available Now
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Unit 4309
$1,698
Available Sep 22nd, 2026
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Studio • 1 Bath
$1,674
574 ft2
2 Available
Unit 2403
$1,674
Available Jul 15th, 2026
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Unit 3403
$1,674
Available Jul 22nd, 2026
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1 Bed • 1 Bath
$1,683 - $1,833
851 ft2
4 Available
Unit 3509
$1,683
Available Now
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Unit 3513
$1,683
Available Now
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Unit 3511
$1,683
Available Now
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Unit 1505
$1,833
Available Now
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1 Bed • 1 Bath
$1,698 - $1,858
763 ft2
5 Available
Unit 1510
$1,858
Available Now
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Unit 1504
$1,758
Available Now
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Unit 3512
$1,778
Available Now
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Unit 2512
$1,778
Available Now
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Unit 5110
$1,698
Available Jul 16th, 2026
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1 Bed • 1 Bath
$1,723
653 ft2
1 Available
Unit 2312
$1,723
Available Now
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1 Bed • 1 Bath
$1,618 - $1,854
668 ft2
3 Available
Unit 2308
$1,738
Available Now
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Unit 1113
$1,618
Available Jul 26th, 2026
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Unit 4318
$1,854
Available Aug 8th, 2026
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1 Bed • 1 Bath
$1,715
901 ft2
1 Available
Unit 1501
$1,715
Available Jul 19th, 2026
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2 Beds • 2 Bath
$2,150 - $2,330
1276 ft2
3 Available
Unit 1317
$2,150
Available Now
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Unit 1117
$2,180
Available Now
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Unit 1320
$2,330
Available Aug 16th, 2026
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2 Beds • 2 Bath
$2,217
1073 ft2
1 Available
Unit 1402
$2,217
Available Now
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2 Beds • 2 Bath
$2,500
1266 ft2
1 Available
Unit 2405
$2,500
Available Now
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2 Beds • 2 Bath
$2,255
1061 ft2
1 Available
Unit 1303
$2,255
Available Sep 19th, 2026
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3 Beds • 2 Bath
$3,466
1905 ft2
3 Available
Unit 3201
$3,466
Available Now
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Unit 3201
$3,466
Available Now
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Unit 3201
$3,466
Available Now
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3 Beds • 2 Bath
$2,999 - $3,079
1426 ft2
4 Available
Unit 1420
$3,029
Available Now
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Unit 4420
$3,049
Available Now
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Unit 1421
$3,079
Available Now
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Unit 2420
$2,999
Available Now
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Where you'll live
Street View
Map View
Satellite View
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 hour 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:
$59,600
per year
1 Bedroom
Suggested income:
$62,700
per year
2 Bedroom
Suggested income:
$81,800
per year
3 Bedroom
Suggested income:
$116,000
per year
Rent report

NOVEL University Place by Crescent Communities Rent vs. Charlotte Average

 NOVEL University Place by Crescent Communities      Charlotte Average
Studio
$1,655
$1,265
$0
$550
$1,100
$1,650
$2,200
1BR
$1,743
$1,413
$0
$600
$1,200
$1,800
$2,400
2BR
$2,272
$1,822
$0
$750
$1,500
$2,250
$3,000
3BR
$3,222
$2,253
$0
$1,050
$2,100
$3,150
$4,200

NOVEL University Place by Crescent Communities is asking 31% 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 26% 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 $1,655 $2.70 $4,966
1BR $1,743 $2.30 $5,229
2BR $2,272 $1.90 $6,816
3BR $3,222 $2.00 $9,666
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 3,346 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 801
1BR 3,346
2BR 2,835
3BR 961
4BR 122
Location
Nearby Colleges
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 34 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 32 units available for move-in over the next 2 months. 25 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 $1,584 to $3,466. NOVEL University Place by Crescent Communities has studio units available starting at $1,584, 1 bedroom units available starting at $1,618, 2 bedroom units available starting at $2,150, and 3 bedroom units available starting at $2,999.
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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