Best Affordable Neighborhoods in Charlotte, NC
Some of the cheapest neighborhoods in Charlotte are West Blvd, The Oasis at Regal Oaks, and Park Fairfax. These neighborhoods offer some of the lowest rent prices in Charlotte, making them ideal for renters on a budget. As of November 8, 2025, the average rent in Charlotte is $1,463, which is 1.3% 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
$874/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
42/100
Units Available
33 Rentals
West Blvd is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Blvd is $874 while the city average is $1,463. This is a 1.5% difference from last year. Residents enjoy convenient access to Charlotte Nature Museum, City West Commons, and Johnson & Wales U., Charlotte. The neighborhood is considered car-dependent with a WalkScore® of 46.
The Oasis at Regal Oaks
Average Rent
$970/Month
TransitScore® Rating
42/100
Units Available
13 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out The Oasis at Regal Oaks. The average rent is $970, compared to the city average of $1,463. The Oasis at Regal Oaks is convenient to Old Concord Road Station, Charlotte/Douglas International, and Reedy Creek Nature Center & Preserve. The community is car-dependent with a WalkScore® of 45.
Park Fairfax
Average Rent
$1,027/Month
TransitScore® Rating
34/100
Units Available
19 Rentals
Park Fairfax is an affordable neighborhood in Charlotte with an average rent price of $1,027. Compare this to the city average of $1,463. Park Fairfax provides easy access to Central Piedmont C.C., Harris, Discovery Place, and French St Citylynx. It’s a car-dependent neighborhood with a WalkScore® of 2.
Four Seasons
Average Rent
$1,029/Month
Units Available
45 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 $1,029, while the city’s average stands at $1,463. Four Seasons is near UNC Charlotte, Hawthorne Ln & 8Th St Citylynx, and Reedy Creek Nature Center & Preserve.
Becton Park
Average Rent
$1,032/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
24/100
Units Available
31 Rentals
Becton Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Becton Park is $1,032 while the city average is $1,463. This is a -2.4% difference from last year. Residents enjoy convenient access to Sugar Creek Station, Charlotte/Douglas International, and UNC Charlotte. The neighborhood is considered car-dependent with a WalkScore® of 45.
Preserve at Lake Forest
Average Rent
$1,032/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 $1,032, compared to the city average of $1,463. Preserve at Lake Forest is convenient to Frutas, Charlotte/Douglas International, and 36Th St Station. The community is somewhat walkable with a WalkScore® of 52.
Lake Forest
Average Rent
$1,032/Month
TransitScore® Rating
37/100
Units Available
31 Rentals
Lake Forest is an affordable neighborhood in Charlotte with an average rent price of $1,032. Compare this to the city average of $1,463. Lake Forest provides easy access to Queens University of Charlotte, Old Concord Road Station, and Albemarle East Shopping Center. It’s a car-dependent neighborhood with a WalkScore® of 27.
Farm Pond
Average Rent
$1,037/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
40/100
Units Available
50 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, Farm Pond might be the perfect place! It has an average rent price of $1,037, while the city’s average stands at $1,463. In the last year, prices have increased by 1.9%. Farm Pond is near Old Concord Road Station, 36Th St Station, and Frutas.
Wexford
Average Rent
$1,042/Month
Units Available
12 Rentals
Wexford is a top choice for budget-conscious renters for a variety of reasons. The average rent in Wexford is $1,042 while the city average is $1,463. Residents enjoy convenient access to Mccullough Station, Jw Clay Blvd Station, and Central Piedmont C.C., Cato.
Hickory Ridge
Average Rent
$1,044/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
27/100
Units Available
44 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Hickory Ridge. The average rent is $1,044, compared to the city average of $1,463. Rent prices have increased by 1%. Hickory Ridge is convenient to Charlotte/Douglas International, Reedy Creek Nature Center & Preserve, and 36Th St Station. The community is car-dependent with a WalkScore® of 39.
Ready to make your move to Charlotte? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.