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Updated 26 minutes 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
$1,380 - $1,600
654 ft2
3 Available
Unit 3508
$1,600
Available Now
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Unit 3507
$1,380
Available Now
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Unit 1508
$1,580
Available Now
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Studio • 1 Bath
$1,326
614 ft2
2 Available
Unit 3107
$1,326
Available Now
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Unit 2307
$1,326
Available Mar 14th, 2026
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Studio • 1 Bath
$1,399
579 ft2
1 Available
Unit 5311
$1,399
Available Now
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Studio • 1 Bath
$1,339 - $1,389
574 ft2
2 Available
Unit 3404
$1,339
Available Mar 25th, 2026
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Unit 4404
$1,389
Available May 27th, 2026
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Studio • 1 Bath
$1,411
653 ft2
1 Available
Unit 4109
$1,411
Available Mar 31st, 2026
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1 Bed • 1 Bath
$1,659 - $1,759
851 ft2
4 Available
Unit 1511
$1,759
Available Now
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Unit 3509
$1,659
Available Now
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Unit 3503
$1,659
Available Now
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Unit 3513
$1,679
Available Now
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1 Bed • 1 Bath
$1,694 - $1,754
763 ft2
4 Available
Unit 1510
$1,754
Available Now
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Unit 1514
$1,754
Available Now
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Unit 2504
$1,694
Available Now
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Unit 2514
$1,694
Available Feb 14th, 2026
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1 Bed • 1 Bath
$1,399 - $1,619
668 ft2
4 Available
Unit 2314
$1,619
Available Now
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Unit 2414
$1,469
Available Now
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Unit 2417
$1,619
Available Mar 20th, 2026
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Unit 2313
$1,399
Available Mar 26th, 2026
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1 Bed • 1 Bath
$1,854
923 ft2
1 Available
Unit 2202
$1,854
Available Now
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1 Bed • 1 Bath
$1,579 - $1,609
767 ft2
2 Available
Unit 1418
$1,609
Available Now
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Unit 2418
$1,579
Available Now
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2 Beds • 2 Bath
$2,059 - $2,149
1276 ft2
4 Available
Unit 1317
$2,119
Available Now
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Unit 5317
$2,149
Available Now
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Unit 1117
$2,149
Available Now
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Unit 3117
$2,059
Available May 31st, 2026
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2 Beds • 2 Bath
$2,196
1073 ft2
1 Available
Unit 1402
$2,196
Available Now
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2 Beds • 2 Bath
$2,364 - $2,414
1130 ft2
2 Available
Unit 4401
$2,414
Available Now
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Unit 3401
$2,364
Available Now
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2 Beds • 2 Bath
$1,999 - $2,181
1061 ft2
4 Available
Unit 4303
$1,999
Available Now
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Unit 4115
$1,999
Available Now
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Unit 4103
$1,999
Available Now
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Unit 1115
$2,181
Available Mar 9th, 2026
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3 Beds • 2 Bath
$3,399
1905 ft2
3 Available
Unit 3201
$3,399
Available Now
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Unit 3201
$3,399
Available Now
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Unit 3201
$3,399
Available Apr 1st, 2026
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3 Beds • 2 Bath
$2,962 - $2,982
1426 ft2
2 Available
Unit 1420
$2,962
Available Now
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Unit 4420
$2,982
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
Secured Entry
Dishwasher
Lounge Seating
Hammocks
Cabanas
Barbecue
24-hour Maintenance
High / Vaulted Ceiling
High-speed Internet
Cable-ready
Heat: Forced Air
Central A / C
Stainless Steel Appliances
Range / Oven
Microwave
Freezer
Pantry
Library
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 26 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
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:
$51,000
per year
1 Bedroom
Suggested income:
$59,900
per year
2 Bedroom
Suggested income:
$77,300
per year
3 Bedroom
Suggested income:
$116,200
per year
Rent report

NOVEL University Place by Crescent Communities Rent vs. Charlotte Average

 NOVEL University Place by Crescent Communities      Charlotte Average
Studio
$1,417
$1,274
$0
$500
$1,000
$1,500
$2,000
1BR
$1,664
$1,413
$0
$550
$1,100
$1,650
$2,200
2BR
$2,148
$1,814
$0
$700
$1,400
$2,100
$2,800
3BR
$3,228
$2,234
$0
$1,050
$2,100
$3,150
$4,200

NOVEL University Place by Crescent Communities is asking 11% 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 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 $1,417 $2.30 $4,250
1BR $1,664 $2.20 $4,993
2BR $2,148 $1.90 $6,444
3BR $3,228 $1.90 $9,685
Charlotte Average
Studio $1,274 $2.50 $3,822
1BR $1,413 $1.80 $4,240
2BR $1,814 $1.60 $5,443
3BR $2,234 $1.50 $6,703
4BR $2,467 $1.20 $7,401

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 2,656 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% 38% 35% 14% 2%
Available Units in Charlotte
Studio 702
1BR 2,656
2BR 2,431
3BR 998
4BR 126
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 42 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 39 units available for move-in over the next 2 months. 31 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 $1,326 to $3,399. NOVEL University Place by Crescent Communities has studio units available starting at $1,326, 1 bedroom units available starting at $1,399, 2 bedroom units available starting at $1,999, and 3 bedroom units available starting at $2,962.
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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