The Best (And Worst) Places To Rent In The United States
Sadly, no North Carolina or South Carolina city made the list as the best place to rent. For some folks, buying a home is the American dream, but homeownership isn’t…
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Getty ImagesSadly, no North Carolina or South Carolina city made the list as the best place to rent.
For some folks, buying a home is the American dream, but homeownership isn’t for everyone. Around 44 million American households have opted to rent instead of buy a home because of cost, convenience or both. Sometimes it’s cheaper to rent, but it all depends on where you live and a new report reveals where the best places to rent a home are in the U.S.
- WalletHub’s list of the Best and Worst Places to rent in America in 2023 has just come out.
- They compared 182 rental markets across 21 key metrics related to rental market & affordability and quality of life.
- They ranked each market in areas including the difference between rental rates and mortgage payments, the cost of living and the job market.
- Topping the list as the best city to rent in the U.S. is Overland Park, Kansas.
- Scottsdale, Arizona, second overall, is number one for quality of life, while Bismarck, North Dakota, which is third overall, is number one for rental market & affordability.
- As for the worst place to rent in the U.S., that’s Detroit, Michigan, once again this year.
Top 10 Best Places to Rent in the U.S.
(Click here to check out the full list)
- Overland Park, Kansas
- Scottsdale, Arizona
- Bismarck, North Dakota
- Sioux Falls, South Dakota
- Chandler, Arizona
- Fargo, North Dakota
- Plano, Texas
- Lincoln, Nebraska
- Irvine, California
- Nashua, New Hampshire
The 10 Worst Places to Rent in the U.S.
- Detroit, Michigan
- Cleveland, Ohio
- Memphis, Tennessee
- Jackson, Mississippi
- Akron, Ohio
- Chattanooga, Tennessee
- New Orleans, Louisiana
- Huntington, West Virginia
- Shreveport, Louisiana
- Hialeah, Florida
Source: WalletHub
Compare The Average Rent In Different Charlotte Neighborhoods
Housing is the largest monthly expense for most people. And these days it just keeps rising and rising. Factor in the absolute insanity that is the housing market these days and it's a lose-lose situation for many. I know personally, my rent went up $200 a month when I resigned my lease in June. That's an extra $2,400 a year which is not a small difference. And while making day-to-day more expensive it also makes it more difficult for renters to save for a home and get out of the rent game. Rent in Charlotte is up 18% from last year. That seems comparable to my experience. But when looking to rent what Charlotte neighborhoods are the most affordable? Or is it better to go outside the city limits?
We are here to help. Below you will find information, provided by Rent.com, on the average rent in Charlotte. You'll find the average price for a studio, one, two, and three bedrooms. You will also find a list of the average price to rent a one-bedroom in different Charlotte neighborhoods, and the same for other nearby towns. The more information you have the better decision you can make on where to live. Whether you value location, amenities, space, or finishes the Charlotte market has something for you. You just might pay more than you want to! I know I am.
Average Rent By Size
Average Rent By Neighborhood
Based on a one-bedroom apartment
4th Ward Historic District
Average Rent: $2,472
Ashbrook-Clawson Village
Average Rent: $2,268
Barclay Downs
Average Rent: $2,141
Sedgefield
Average Rent: $2,025
Third Ward
Average Rent: $2,005
South End
Average Rent: $1,989
Uptown
Average Rent: $1,819
Optimist Park
Average Rent: $1,799
Dilworth
Average Rent: $1,795
Northlake
Average Rent: $1,737
Elizabeth
Average Rent: $1,699
Ballantyne East
Average Rent: $1,669
Second Ward
Average Rent: $1,646
Myers Park
Average Rent: $1,622
Southpark
Average Rent: $1,612
Ballantyne West
Average Rent: $1,606
Harris-Houston
Average Rent: $1,605
Highland Creek
Average Rent: $1,540
University City
Average Rent: $1,517
College Downs
Average Rent: $1,457
Wendover-Sedgefield
Average Rent: $1,437
Madison Park
Average Rent: $1,395
Prosperity Church Road
Average Rent: $1,379
Oak Forest
Average Rent: $1,337
First Ward
Average Rent: $1,225
East Forest
Average Rent: $1,204
Montclaire South
Average Rent: $1,187
Starmount Forest
Average Rent: $1,170
Wesley Heights
Average Rent: $1,150
Eastway
Average Rent: $1,025
NoDa
Average Rent: $1,000
Cotswold
Average Rent: $995
Briarcreek
Average Rent: $973
Plaza Midwood
Average Rent: $895
Windsor Park
Average Rent: $770
How Other Local Areas Compare To Charlotte Rent
Rent is based on the average rent for a one bedroom apartment.
Matthews
Average Rent: $2,015
Cornelius
Average Rent: $1,807
Fort Mill
Average Rent: $1,767
Kannapolis
Average Rent: $1,603
Indian Trail
Average Rent: $1,574
Huntersville
Average Rent: $1,517
Davidson
Average Rent: $1,493
Mooresville
Average Rent: $1,438
Concord
Average Rent: $1,420
Rock Hill
Average Rent: $1,390
Statesville
Average Rent: $1,373
Denver
Average Rent: $1,350
Indian Land
Average Rent: $1,345
Salisbury
Average Rent: $1,296
Lincolnton
Average Rent: $1,290
Belmont
Average Rent: $1,279
Pineville
Average Rent: $1,244
Gastonia
Average Rent: $1,237
Monroe
Average Rent: $1,136
Gaffney
Average Rent: $882
