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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

Take Advantage of up to 10 weeks free + $1000 Gift Card - Move In By 3/31! Minimum lease term applies. Other costs and fees excluded.

Studio • 1 Bath
$1,282 - $1,402
614 ft2
2 Available
Unit 5107
$1,402
Available Now
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Unit 2307
$1,282
Available Now
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Studio • 1 Bath
$1,436 - $1,556
654 ft2
3 Available
Unit 3508
$1,556
Available Now
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Unit 1508
$1,536
Available Now
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Unit 2507
$1,436
Available May 22nd, 2026
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Studio • 1 Bath
$1,490
579 ft2
1 Available
Unit 5311
$1,490
Available Now
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Studio • 1 Bath
$1,443
574 ft2
1 Available
Unit 3404
$1,443
Available Now
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Studio • 1 Bath
$1,515
653 ft2
1 Available
Unit 4109
$1,515
Available Mar 31st, 2026
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1 Bed • 1 Bath
$1,640 - $1,650
851 ft2
4 Available
Unit 1511
$1,650
Available Now
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Unit 3509
$1,640
Available Now
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Unit 3503
$1,640
Available Now
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Unit 3513
$1,640
Available Now
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1 Bed • 1 Bath
$1,685 - $1,780
763 ft2
5 Available
Unit 1510
$1,745
Available Now
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Unit 2504
$1,685
Available Now
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Unit 2514
$1,685
Available Now
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Unit 3504
$1,735
Available Now
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Unit 1504
$1,780
Available Jun 8th, 2026
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1 Bed • 1 Bath
$1,540 - $1,760
668 ft2
4 Available
Unit 2314
$1,760
Available Now
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Unit 5108
$1,660
Available Now
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Unit 2313
$1,540
Available Now
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Unit 3308
$1,760
Available Now
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1 Bed • 1 Bath
$1,940 - $1,963
900 ft2
2 Available
Unit 2502
$1,963
Available Now
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Unit 2116
$1,940
Available May 20th, 2026
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1 Bed • 1 Bath
$1,975
923 ft2
2 Available
Unit 2202
$1,975
Available Now
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Unit 2201
$1,975
Available May 8th, 2026
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2 Beds • 2 Bath
$2,285 - $2,586
1276 ft2
4 Available
Unit 1317
$2,285
Available Now
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Unit 1117
$2,318
Available Now
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Unit 1302
$2,586
Available Now
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Unit 1320
$2,516
Available Apr 28th, 2026
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2 Beds • 2 Bath
$2,382 - $2,487
1073 ft2
2 Available
Unit 1402
$2,487
Available Now
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Unit 2402
$2,382
Available Jul 15th, 2026
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2 Beds • 2 Bath
$2,361 - $2,411
1130 ft2
2 Available
Unit 4401
$2,411
Available Now
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Unit 3401
$2,361
Available Now
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2 Beds • 2 Bath
$1,996 - $2,046
1061 ft2
4 Available
Unit 4303
$1,996
Available Now
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Unit 4103
$1,996
Available Now
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Unit 1115
$2,026
Available Now
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Unit 5303
$2,046
Available Now
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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
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Unit 3201
$3,600
Available Jun 24th, 2026
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3 Beds • 2 Bath
$2,932 - $3,012
1426 ft2
4 Available
Unit 1420
$2,962
Available Now
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Unit 4420
$2,982
Available Now
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Unit 1421
$3,012
Available May 11th, 2026
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Unit 2420
$2,932
Available May 19th, 2026
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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.

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

$0.00

Lease Length:

Available months 12,13,14,15

Security Deposit:

$250.00

Property details
Description

Imagine a place where you can truly feel at home. Where serene trails form natural boundaries around personal and professional opportunities, and vibrant social conveniences are just steps away in University City. Offering a diverse collection of cozy studios, carriage homes, and 1-, 2- and 3-bedroom floor plans with lake views and luxury finishes, NOVEL University Place has refined spaces to fit any lifestyle. Just a 4 minute drive from University of North Carolina at Charlotte, there's no missing class when you are this close!

Additional Details
Year Built: 2022
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
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:
$52,500
per year
1 Bedroom
Suggested income:
$62,900
per year
2 Bedroom
Suggested income:
$82,200
per year
3 Bedroom
Suggested income:
$118,700
per year
Rent report

NOVEL University Place by Crescent Communities Rent vs. Charlotte Average

 NOVEL University Place by Crescent Communities      Charlotte Average
Studio
$1,458
$1,262
$0
$500
$1,000
$1,500
$2,000
1BR
$1,748
$1,422
$0
$600
$1,200
$1,800
$2,400
2BR
$2,284
$1,829
$0
$750
$1,500
$2,250
$3,000
3BR
$3,298
$2,251
$0
$1,100
$2,200
$3,300
$4,400

NOVEL University Place by Crescent Communities is asking 15% more than the average studio apartment in Charlotte.

If you upsized to an average priced Charlotte 1 bedroom apartment, you would pay 11% more per month.

NOVEL University Place by Crescent Communities provides 25% 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 $1,458 $2.30 $4,373
1BR $1,748 $2.20 $5,245
2BR $2,284 $2.00 $6,853
3BR $3,298 $2.00 $9,895
Charlotte Average
Studio $1,262 $2.50 $3,787
1BR $1,422 $1.80 $4,265
2BR $1,829 $1.60 $5,487
3BR $2,251 $1.50 $6,753
4BR $2,470 $1.20 $7,410

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 2,726 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% 39% 36% 13% 2%
Available Units in Charlotte
Studio 694
1BR 2,726
2BR 2,512
3BR 928
4BR 139
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 47 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 44 units available for move-in over the next 2 months. 34 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 $1,282 to $3,800. NOVEL University Place by Crescent Communities has studio units available starting at $1,282, 1 bedroom units available starting at $1,540, 2 bedroom units available starting at $1,996, and 3 bedroom units available starting at $2,932.
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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