Cheapest Neighborhoods in Charlotte, NC
Some of the cheapest neighborhoods in Charlotte are Becton Park, Hickory Ridge, and Idlewild Brooke. These neighborhoods offer some of the lowest rent prices in Charlotte, making them ideal for renters on a budget. As of September 25, 2026, the average rent in Charlotte is $1,474, which is 1.1% 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.
Becton Park
Average Rent
$989/Month
Year-Over-Year Rent Change
1.4%
Units Available
17 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Becton Park. The average rent is $989, compared to the city average of $1,474. Rent prices have increased by 1.4%. Becton Park is convenient to Central Piedmont C.C., Central, Sugar Creek Station, and UNC Charlotte.
Hickory Ridge
Average Rent
$1,004/Month
Year-Over-Year Rent Change
4.4%
Units Available
37 Rentals
Hickory Ridge is an affordable neighborhood in Charlotte with an average rent price of $1,004. Compare this to the city average of $1,474. In the past year, rent prices have increased by 4.4%. Hickory Ridge provides easy access to 36Th St Station, Reedy Creek Nature Center & Preserve, and Albemarle Crossing.
Idlewild Brooke
Average Rent
$1,016/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, Idlewild Brooke might be the perfect place! It has an average rent price of $1,016, while the city’s average stands at $1,474. Idlewild Brooke is near Campbell Creek Greenway, Mint Hill Veteran's Park, and Sunnyside St Citylynx.
Waterford Creek
Average Rent
$1,016/Month
Units Available
14 Rentals
Waterford Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Waterford Creek is $1,016 while the city average is $1,474. Residents enjoy convenient access to Evergreen Nature Preserve, Sugar Creek Station, and Briar Creek Greenway.
Rockwell Park-Hemphill Heights
Average Rent
$1,030/Month
Units Available
14 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Rockwell Park-Hemphill Heights. The average rent is $1,030, compared to the city average of $1,474. Rockwell Park-Hemphill Heights is convenient to Derita Station, University of North Carolina at Charlotte Botanical Gardens, and University City Blvd Station.
Westchester
Average Rent
$1,037/Month
Year-Over-Year Rent Change
1.1%
Units Available
24 Rentals
Westchester is an affordable neighborhood in Charlotte with an average rent price of $1,037. Compare this to the city average of $1,474. In the past year, rent prices have increased by 1.1%. Westchester provides easy access to Central Piedmont C.C., Central, Latta Plantation Nature Center, and Bruns Ave Citylynx.
Idlewild Farms
Average Rent
$1,052/Month
Year-Over-Year Rent Change
3.8%
Units Available
62 Rentals
If you’re looking for a great, affordable neighborhood in Charlotte, Idlewild Farms might be the perfect place! It has an average rent price of $1,052, while the city’s average stands at $1,474. In the last year, prices have decreased by 3.8%. Idlewild Farms is near Central Piedmont C.C., Central, Royal Plaza, and Charlotte/Douglas International.
Olde Providence North
Average Rent
$1,068/Month
Year-Over-Year Rent Change
2.1%
Units Available
29 Rentals
Olde Providence North is a top choice for budget-conscious renters for a variety of reasons. The average rent in Olde Providence North is $1,068 while the city average is $1,474. This is a 2.1% difference from last year. Residents enjoy convenient access to Sharon Road West, Hawthorne Ln & 5Th St Citylynx, and Archdale.
Farm Pond
Average Rent
$1,074/Month
Year-Over-Year Rent Change
0.4%
Units Available
29 Rentals
When you’re looking for a great Charlotte neighborhood on a budget, check out Farm Pond. The average rent is $1,074, compared to the city average of $1,474. Rent prices have decreased by 0.4%. Farm Pond is convenient to UNC Charlotte, Tom Hunter Station, and Central Piedmont C.C., Cato.
Lansdowne
Average Rent
$1,077/Month
Year-Over-Year Rent Change
1%
Units Available
30 Rentals
Lansdowne is an affordable neighborhood in Charlotte with an average rent price of $1,077. Compare this to the city average of $1,474. In the past year, rent prices have increased by 1%. Lansdowne provides easy access to Hawthorne Ln & 8Th St Citylynx, Archdale, and Strawberry Hill Center.
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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.