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Updated 2 hours ago

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

Half-Off 5 Months Base Rent + Additional $1000 when you tour and lease today! Minimum lease term applies. Other Costs and Fees Associated.
Floor plans
Studio • 1 Bath
$1,488 - $1,506
653 ft2
2 Available
Unit 5309
$1,488
Available Now
View
Unit 3109
$1,506
Available Oct 4th, 2026
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View Rented Units
Studio • 1 Bath
$1,369 - $1,516
579 ft2
2 Available
Unit 4311
$1,369
Available Now
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Unit 4111
$1,516
Available Oct 25th, 2026
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View Rented Units
Studio • 1 Bath
$1,544
654 ft2
1 Available
Unit 2508
$1,544
Available Now
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Studio • 1 Bath
$1,289 - $1,737
574 ft2
3 Available
Unit 2406
$1,504
Available Oct 24th, 2026
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Unit 4403
$1,737
Available Oct 29th, 2026
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Unit 2408
$1,289
Available Dec 17th, 2026
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View Rented Units
Studio • 1 Bath
$1,510
614 ft2
1 Available
Unit 1307
$1,510
Available Nov 2nd, 2026
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1 Bed • 1 Bath
$1,384 - $1,561
668 ft2
4 Available
Unit 2118
$1,384
Available Now
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Unit 4105
$1,384
Available Oct 5th, 2026
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Unit 5313
$1,561
Available Oct 11th, 2026
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Unit 1105
$1,540
Available Oct 18th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,634
763 ft2
1 Available
Unit 1506
$1,634
Available Oct 7th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,523
653 ft2
1 Available
Unit 1112
$1,523
Available Oct 19th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,752
851 ft2
1 Available
Unit 1513
$1,752
Available Oct 19th, 2026
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2 Beds • 2 Bath
$2,589
1130 ft2
1 Available
Unit 3401
$2,589
Available Now
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2 Beds • 2 Bath
$2,293 - $2,528
1276 ft2
4 Available
Unit 2102
$2,328
Available Now
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Unit 3320
$2,494
Available Now
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Unit 1320
$2,528
Available Now
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Unit 3101
$2,293
Available Now
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View Rented Units
2 Beds • 2 Bath
$2,217 - $2,239
1061 ft2
2 Available
Unit 1303
$2,217
Available Now
View
Unit 5103
$2,239
Available Now
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View Rented Units
2 Beds • 2 Bath
$2,700
1255 ft2
1 Available
Unit 1405
$2,700
Available Now
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3 Beds • 2 Bath
$3,361
1905 ft2
2 Available
Unit 3201
$3,361
Available Now
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Unit 3201
$3,361
Available Now
View
View Rented Units
3 Beds • 2 Bath
$2,853 - $2,944
1426 ft2
4 Available
Unit 1420
$2,887
Available Now
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Unit 4420
$2,910
Available Now
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Unit 1421
$2,944
Available Now
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Unit 2420
$2,853
Available Now
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
NOVEL University Place by Crescent Communities
NOVEL University Place by Crescent Communities
NOVEL University Place by Crescent Communities
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
Package Receiving
Secured Entry
Dishwasher
Clubhouse
Business Center
Bike Storage
Lounge Seating
Dog Park
Hammocks
Barbecue
Library
Pantry
Freezer
Microwave
Range / Oven
Stainless Steel Appliances
Central A / C
Heat: Forced Air
Cable-ready
High-speed Internet
High / Vaulted Ceiling
24-hour Maintenance
Cabanas
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
Electric Vehicle Charging
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 well-connected 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 2 hours 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:
$53,800
per year
1 Bedroom
Suggested income:
$55,400
per year
2 Bedroom
Suggested income:
$87,200
per year
3 Bedroom
Suggested income:
$109,900
per year
Rent report

NOVEL University Place by Crescent Communities Rent vs. Charlotte Average

 NOVEL University Place by Crescent Communities      Charlotte Average
Studio
$1,496
$1,374
$0
$500
$1,000
$1,500
$2,000
1BR
$1,540
$1,429
$0
$550
$1,100
$1,650
$2,200
2BR
$2,424
$1,848
$0
$800
$1,600
$2,400
$3,200
3BR
$3,053
$2,231
$0
$1,000
$2,000
$3,000
$4,000

NOVEL University Place by Crescent Communities is asking 9% 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 18% 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 $1,496 $2.50 $4,488
1BR $1,540 $2.20 $4,619
2BR $2,424 $2.00 $7,271
3BR $3,053 $1.90 $9,158
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

Johnson And Wales University Charlotte

Central Piedmont Community College

Queens University Of Charlotte

University of North Carolina at Charlotte

FAQs
Is this property currently leasing units?
Yes. There are 30 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 29 units available for move-in over the next 2 months. 18 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 $1,369 to $3,361. NOVEL University Place by Crescent Communities has studio units available starting at $1,369, 1 bedroom units available starting at $1,384, 2 bedroom units available starting at $2,217, and 3 bedroom units available starting at $2,853.
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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