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 September 12, 2025, the average rent in Charlotte is $1,480, which is 0.9% 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
$915/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
42/100
Units Available
26 Rentals
West Blvd is an affordable neighborhood in Charlotte with an average rent price of $915. Compare this to the city average of $1,480. In the past year, rent prices have increased by 1.6%. West Blvd provides easy access to Charlotte/Douglas International, Reid's Park Plaza, and Johnson & Wales U., Charlotte. It’s a car-dependent neighborhood with a WalkScore® of 46.
The Oasis at Regal Oaks
Average Rent
$994/Month
TransitScore® Rating
42/100
Units Available
15 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 $994, while the city’s average stands at $1,480. The Oasis at Regal Oaks is near Charlotte/Douglas International, Hawthorne Ln & 8Th St Citylynx, and Campbell Creek Greenway.
Westchester
Average Rent
$1,022/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
34/100
Units Available
28 Rentals
Westchester is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westchester is $1,022 while the city average is $1,480. This is a 1.3% difference from last year. Residents enjoy convenient access to Irwin Ave Citylynx, Johnson C. Smith University Citylynx, and Carolina Raptor Center. The neighborhood is considered car-dependent with a WalkScore® of 11.
Becton Park
Average Rent
$1,030/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
24/100
Units Available
31 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Becton Park. The average rent is $1,030, compared to the city average of $1,480. Rent prices have decreased by 3.2%. Becton Park is convenient to Mint Hill Veteran's Park, Tom Hunter Station, and University City Blvd Station. The community is car-dependent with a WalkScore® of 45.
Preserve at Lake Forest
Average Rent
$1,030/Month
TransitScore® Rating
42/100
Units Available
33 Rentals
Preserve at Lake Forest is an affordable neighborhood in Charlotte with an average rent price of $1,030. Compare this to the city average of $1,480. Preserve at Lake Forest provides easy access to UNC Charlotte, Mint Hill Veteran's Park, and Discovery Place. It’s a somewhat walkable neighborhood with a WalkScore® of 52.
Lake Forest
Average Rent
$1,030/Month
TransitScore® Rating
37/100
Units Available
31 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, Lake Forest might be the perfect place! It has an average rent price of $1,030, while the city’s average stands at $1,480. Lake Forest is near Concord-Padgett Regional, Central Piedmont C.C., Cato, and University of North Carolina at Charlotte Botanical Gardens.
Park Fairfax
Average Rent
$1,032/Month
TransitScore® Rating
34/100
Units Available
14 Rentals
Park Fairfax is a top choice for budget-conscious renters for a variety of reasons. The average rent in Park Fairfax is $1,032 while the city average is $1,480. Residents enjoy convenient access to Johnson & Wales U., Charlotte, Discovery Place, and E-Corps Expeditions Inc.. The neighborhood is considered car-dependent with a WalkScore® of 2.
Hickory Ridge
Average Rent
$1,041/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
27/100
Units Available
41 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Hickory Ridge. The average rent is $1,041, compared to the city average of $1,480. Rent prices have increased by 1.2%. Hickory Ridge is convenient to Albemarle East Shopping Center, Albemarle Crossing, and Old Concord Road Station. The community is car-dependent with a WalkScore® of 39.
Four Seasons
Average Rent
$1,055/Month
Units Available
36 Rentals
Four Seasons is an affordable neighborhood in Charlotte with an average rent price of $1,055. Compare this to the city average of $1,480. Four Seasons provides easy access to Campbell Creek Greenway, Central Piedmont C.C., Central, and Central Piedmont C.C., Cato.
Tree Top Condominiums
Average Rent
$1,057/Month
TransitScore® Rating
36/100
Units Available
26 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, Tree Top Condominiums might be the perfect place! It has an average rent price of $1,057, while the city’s average stands at $1,480. Tree Top Condominiums is near Sharon Road West, Charlotte/Douglas International, and Central Piedmont C.C., Harris.
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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.