Best Affordable Neighborhoods in Charlotte, NC
Some of the cheapest neighborhoods in Charlotte are West Blvd, Tree Top Condominiums, and Park Fairfax. These neighborhoods offer some of the lowest rent prices in Charlotte, making them ideal for renters on a budget. As of February 9, 2026, the average rent in Charlotte is $1,469, which is 1.9% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
West Blvd
Average Rent
$929/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
42/100
Units Available
25 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, West Blvd might be the perfect place! It has an average rent price of $929, while the city’s average stands at $1,469. In the last year, prices have increased by 1.7%. West Blvd is near East/West, Charlotte/Douglas International, and Bland Street.
Tree Top Condominiums
Average Rent
$947/Month
TransitScore® Rating
36/100
Units Available
31 Rentals
Tree Top Condominiums is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tree Top Condominiums is $947 while the city average is $1,469. Residents enjoy convenient access to Concord-Padgett Regional, Discovery Place, and Arrowood. The neighborhood is considered car-dependent with a WalkScore® of 24.
Park Fairfax
Average Rent
$992/Month
TransitScore® Rating
34/100
Units Available
20 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Park Fairfax. The average rent is $992, compared to the city average of $1,469. Park Fairfax is convenient to E-Corps Expeditions Inc., Tuckaseegee Shopping Center, and Johnson C Smith University. The community is car-dependent with a WalkScore® of 2.
Glenwater at University Place
Average Rent
$1,000/Month
TransitScore® Rating
43/100
Units Available
16 Rentals
Glenwater at University Place is an affordable neighborhood in Charlotte with an average rent price of $1,000. Compare this to the city average of $1,469. Glenwater at University Place provides easy access to University of North Carolina at Charlotte Botanical Gardens, Concord-Padgett Regional, and UNC Charlotte. It’s a car-dependent neighborhood with a WalkScore® of 36.
The Oasis at Regal Oaks
Average Rent
$1,024/Month
TransitScore® Rating
42/100
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, The Oasis at Regal Oaks might be the perfect place! It has an average rent price of $1,024, while the city’s average stands at $1,469. The Oasis at Regal Oaks is near Discovery Place, Four Seasons Plaza, and Morris Farm.
Farm Pond
Average Rent
$1,029/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
40/100
Units Available
45 Rentals
Farm Pond is a top choice for budget-conscious renters for a variety of reasons. The average rent in Farm Pond is $1,029 while the city average is $1,469. This is a -0.9% difference from last year. Residents enjoy convenient access to Central Piedmont C.C., Cato, Campbell Creek Greenway, and Charlotte/Douglas International. The neighborhood is considered somewhat walkable with a WalkScore® of 57.
Preserve at Lake Forest
Average Rent
$1,029/Month
TransitScore® Rating
42/100
Units Available
33 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Preserve at Lake Forest. The average rent is $1,029, compared to the city average of $1,469. Preserve at Lake Forest is convenient to Campbell Creek Greenway, Reedy Creek Nature Center & Preserve, and Central Piedmont C.C., Central. The community is somewhat walkable with a WalkScore® of 52.
Lake Forest
Average Rent
$1,029/Month
TransitScore® Rating
37/100
Units Available
31 Rentals
Lake Forest is an affordable neighborhood in Charlotte with an average rent price of $1,029. Compare this to the city average of $1,469. Lake Forest provides easy access to Reedy Creek Nature Center & Preserve, Frutas, and Albemarle East Shopping Center. It’s a car-dependent neighborhood with a WalkScore® of 27.
Four Seasons
Average Rent
$1,032/Month
Units Available
39 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, Four Seasons might be the perfect place! It has an average rent price of $1,032, while the city’s average stands at $1,469. Four Seasons is near Mint Hill Veteran's Park, Discovery Place, and Old Concord Road Station.
Westchester
Average Rent
$1,039/Month
TransitScore® Rating
34/100
Units Available
33 Rentals
Westchester is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westchester is $1,039 while the city average is $1,469. This is a -0% difference from last year. Residents enjoy convenient access to Johnson & Wales U., Charlotte, Central Piedmont C.C., Central, and Central Piedmont C.C., Harris. The neighborhood is considered car-dependent with a WalkScore® of 11.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.