Apartments in South End Charlotte

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South End

A Charlotte Neighborhood

Summary

Only a single light rail stop from Downtown Charlotte, this lovely neighborhood is the revitalized hot spot of the city. Though it was once an abandoned industrial town, it has since bloomed into a renovated center for entertainment, dining, shopping, and other fun activities. There are also a number of business offices in the area, making it a fantastic option for young professionals looking to live near work, but also near the most fun places in town! You can rest assured that no one has complained about being bored in the South End since the 1980’s! Enjoy everything from the great shopping centers to the local soda shop.

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$1,361
Studio
$1,426
1 Bedroom
$1,674
2 Bedrooms
$1,738
3 Bedrooms
$1,681
4 Bedrooms
$3,225
5+ Bedrooms
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Charlotte:
April Rent Report

Welcome to the April 2020 Charlotte Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the April 2020 key findings and figures for the Charlotte rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Charlotte and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Charlotte rent prices in the chart below.

Monthly Rent Report

Charlotte Rent Prices Increase From March to April

Charlotte rent prices increased over the last month. From March to April, the city experienced a 0.85% increase for the price of a one-bedroom apartment. The rent price for a Charlotte one-bedroom apartments currently stands at $1,190.0.

When we take a look at the two-bedroom comparison from March to April, Charlotte experienced a 0.38% increase for the price of a two-bedroom apartment. The rent price for a Charlotte two-bedroom apartments currently stands at $1,320.0.

April Prices: Charlotte vs. Surrounding Areas

Rent Prices in Charlotte and Surrounding Areas

Rent prices have increased in Charlotte over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Charlotte suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Fort Mill, SC, Mooresville, NC, Matthews, NC .

  • Rent decreased in Rock Hill, SC, Concord, NC, Cornelius, NC, Huntersville, NC.

  • 1 suburb is currently priced higher than the city of Charlotte.

  • 6 suburbs are currently priced lower than the city of Charlotte.

April 2020 Pricing Trends: Charlotte vs. National Comparisons

Charlotte Rent Prices More Affordable Than Major Cities

Rent growth in Charlotte over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Charlotte rent prices appear to be relatively affordable for local residents.

The price for a Charlotte one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's April 2020 National Apartment Report and data set here.

For more information about Charlotte and surrounding area rent prices, take a look at the complete data set below.

Data set for Charlotte and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Charlotte, NC $1,180.0 0.77% $1,315.0 0.00%
Rock Hill, SC $929.0 0.00% $1,119.0 0.00%
Concord, NC $1,042.0 -3.34% $1,159.0 1.22%
Fort Mill, SC $1,024.0 1.09% $1,346.0 3.30%
Mooresville, NC $1,135.0 2.34% $1,274.0 -1.32%
Matthews, NC $1,210.0 1.09% $1,475.0 0.68%
Cornelius, NC $1,078.0 -0.19% $1,385.0 4.06%
Huntersville, NC $987.0 0.00% $1,227.0 0.57%

Methodology

Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.