Most Affordable Neighborhoods in Charlotte, NC
Some of the cheapest neighborhoods in Charlotte are West Blvd, The Oasis at Regal Oaks, and Westchester. These neighborhoods offer some of the lowest rent prices in Charlotte, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Charlotte is $1,485, which is 0.6% 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
$937/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
42/100
Units Available
29 Rentals
West Blvd is an affordable neighborhood in Charlotte with an average rent price of $937. Compare this to the city average of $1,485. In the past year, rent prices have increased by 1.6%. West Blvd provides easy access to Central Piedmont C.C., Central, Charlotte/Douglas International, and Carson. It’s a car-dependent neighborhood with a WalkScore® of 46.
The Oasis at Regal Oaks
Average Rent
$948/Month
TransitScore® Rating
42/100
Units Available
13 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 $948, while the city’s average stands at $1,485. The Oasis at Regal Oaks is near Campbell Creek Greenway, Hawthorne Ln & 8Th St Citylynx, and Old Concord Road Station.
Westchester
Average Rent
$1,014/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
34/100
Units Available
25 Rentals
Westchester is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westchester is $1,014 while the city average is $1,485. This is a 1.3% difference from last year. Residents enjoy convenient access to Carolina Raptor Center, E-Corps Expeditions Inc., and Central Piedmont C.C., Harris. The neighborhood is considered car-dependent with a WalkScore® of 11.
Park Fairfax
Average Rent
$1,025/Month
TransitScore® Rating
34/100
Units Available
10 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Park Fairfax. The average rent is $1,025, compared to the city average of $1,485. Park Fairfax is convenient to Latta Plantation Nature Center, Discovery Place, and Central Piedmont C.C., Harris. The community is car-dependent with a WalkScore® of 2.
Becton Park
Average Rent
$1,030/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
24/100
Units Available
31 Rentals
Becton Park is an affordable neighborhood in Charlotte with an average rent price of $1,030. Compare this to the city average of $1,485. In the past year, rent prices have decreased by 3.4%. Becton Park provides easy access to Evergreen Nature Preserve, University City Blvd Station, and Albemarle Square. It’s a car-dependent neighborhood with a WalkScore® of 45.
Preserve at Lake Forest
Average Rent
$1,030/Month
TransitScore® Rating
42/100
Units Available
33 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, Preserve at Lake Forest might be the perfect place! It has an average rent price of $1,030, while the city’s average stands at $1,485. Preserve at Lake Forest is near Sunnyside St Citylynx, Charlotte/Douglas International, and Tom Hunter Station.
Lake Forest
Average Rent
$1,030/Month
TransitScore® Rating
37/100
Units Available
31 Rentals
Lake Forest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lake Forest is $1,030 while the city average is $1,485. Residents enjoy convenient access to University of North Carolina at Charlotte Botanical Gardens, Concord-Padgett Regional, and Queens University of Charlotte. The neighborhood is considered car-dependent with a WalkScore® of 27.
Tree Top Condominiums
Average Rent
$1,051/Month
TransitScore® Rating
36/100
Units Available
27 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Tree Top Condominiums. The average rent is $1,051, compared to the city average of $1,485. Tree Top Condominiums is convenient to Charlotte/Douglas International, Briar Creek Greenway, and Charlotte Nature Museum. The community is car-dependent with a WalkScore® of 24.
Marlborough Woods
Average Rent
$1,053/Month
Units Available
13 Rentals
Marlborough Woods is an affordable neighborhood in Charlotte with an average rent price of $1,053. Compare this to the city average of $1,485. Marlborough Woods provides easy access to Wesley Heights Citylynx, Charlotte/Douglas International, and Charlotte Nature Museum.
Fernhill
Average Rent
$1,065/Month
TransitScore® Rating
40/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, Fernhill might be the perfect place! It has an average rent price of $1,065, while the city’s average stands at $1,485. Fernhill is near Central Piedmont C.C., Harper, Woodlawn, and Value Village.
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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.