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Updated 2 hours ago

The Kensington Apartments


425 W 5Th St Charlotte, NC

2 - 4 Bed
•
1 - 2 Bath

860 - 1,340 Sq. Ft.

Available starting May. 30th
2 Beds • 1 Bath
$2,100
860 ft2
1 Available
Managed By: Grand Peaks Property Management
Updated about 2 hours ago

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Unit 207
$2,100
Available May 30th, 2024
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3 Beds • 2 Bath
$2,650
1050 ft2
1 Available
Managed By: Grand Peaks Property Management
Updated about 2 hours ago

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Unit 407
$2,650
Available Jul 27th, 2024
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View Rented Units
3 Beds • 2 Bath
$2,800
1340 ft2
3 Available
Managed By: Grand Peaks Property Management
Updated about 2 hours ago

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Unit 414
$2,800
Available Jul 27th, 2024
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Unit 810
$2,800
Available Aug 14th, 2024
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Unit 314
$2,800
Available Aug 24th, 2024
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View Rented Units
4 Beds • 2 Bath
$2,700
1340 ft2
2 Available
Managed By: Grand Peaks Property Management
Updated about 2 hours ago

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Unit 622
$2,700
Available Jun 29th, 2024
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Unit 420
$2,700
Available Jul 27th, 2024
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
95
Walker's Paradise
Transit Score®
75
Excellent Transit
Bike Score®
61
Bikeable
Amenities
Heat Included
Air Conditioning
Fitness Center
Internet Included
Clubhouse
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Restrictions:

We welcome 2 pets per apartment home. There is a $300 pet fee the first pet, and $150 for the second. Aggressive breeds are prohibited. Please call the leasing office for the complete pet policy.

Parking
Surface Parking
Lease & Fees
Lease Length: Available months 12
Application Fee: $0.00
Security Deposit: $300.00
Property details
Description

There is never a dull moment when you live at The Kensington. Enjoy a post-college experience near the best activities for young professionals. This community is located a short walk away from Johnson & Wales University, popular restaurants and breweries, exciting sporting events, and the best nightlife. Ideally located near Gateway Station and the LYNX Gold Line, the community staff is ready and waiting to help you find your perfect place. Contact us today.

Additional Details
Year Built: 2004
Total Unit Count: 435
Last Updated: Updated 2 hours ago
Contact Number: (980) 842-7137
Property manager information
Grand Peaks Property Management
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Office Hours
Sunday: 12:00 PM - 6:00 PM
Monday: 10:00 AM - 6:00 PM
Tuesday: 10:00 AM - 7:00 PM
Wednesday: 10:00 AM - 6:00 PM
Thursday: 10:00 AM - 7:00 PM
Friday: 10:00 AM - 6:00 PM
Saturday: 10:00 AM - 6:00 PM
Contact The Kensington Apartments
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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 The Kensington Apartments by bedroom type below.
2 Bedroom
Suggested income:
$75,600
per year
3 Bedroom
Suggested income:
$99,400
per year
4 Bedroom
Suggested income:
$97,200
per year
Rent report

The Kensington Apartments Rent vs. Charlotte Average

 The Kensington Apartments      Charlotte Average
2BR
$2,100
$1,674
$0
$700
$1,400
$2,100
$2,800
3BR
$2,763
$2,180
$0
$900
$1,800
$2,700
$3,600
4BR
$2,700
$2,421
$0
$900
$1,800
$2,700
$3,600

The Kensington Apartments is asking 25% more than the average 2 bedroom apartment in Charlotte.

If you upsized to an average priced Charlotte 3 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Charlotte 1 bedroom apartment, you would pay 27% less per month.

The Kensington Apartments provides 20% less square footage than the average Charlotte 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Kensington Apartments
2BR $2,100 $2.40 $6,300
3BR $2,763 $2.20 $8,288
4BR $2,700 $2.00 $8,100
Charlotte Average
Studio $1,525 $2.60 $4,575
1BR $1,314 $1.60 $3,941
2BR $1,674 $1.50 $5,021
3BR $2,180 $1.40 $6,539
4BR $2,421 $1.10 $7,263

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 1,307 1BR units on the market in Charlotte. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 38% 38% 16% 3%
Available Units in Charlotte
Studio 138
1BR 1,307
2BR 1,282
3BR 532
4BR 114
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Gateway Village YMCA 0.6 mi 11 min 4 min 1 min
Nearby Hospitals
Name Distance
Novant Health Prespyterian Medical Center 1.78 mi.
Novant Hospital Charlotte Orthopedic Hospital 1.86 mi.
Carolinas Medical Center 1.9 mi.
Nearby Fire Stations
Name Distance
Charlotte Fire Department 0.84 mi.
Steele Creek Volunteer Fire Department And Rescue Services 3.45 mi.
Charlotte Volunteer Fire Department 4.77 mi.
FAQs
Is this property currently leasing units?
Yes. There are 7 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on May 30, 2024.
What's the square footage of the available units?
The available units range from 860 to 1,340 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 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
The Kensington Apartments has a 2 bedroom unit starting at $2,100.
Where is this property located?
This property is at 425 W 5Th St in Charlotte, NC. It's 0.8 miles northwest from the center of Charlotte.
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