Charlotte is the 25th largest multifamily market with 201,587 completed units and 112,186 units in development, 23,034 of which have already broken ground, as of August 2022.
Charlotte Multifamily Market Summary – August 2022
New lease asking rents are at $1,608, up 12.6%▲
from the previous year placing Charlotte at 28th
overall in year-over-year rent growth.
Charlotte Multifamily Market Summary – July 2022
New lease asking rents are at $1,618, up 15.8%▲
from the previous year placing Charlotte at 18th
overall in year-over-year rent growth.
Charlotte Multifamily Market Summary – June 2022
New lease asking rents are at $1,594, up 16.8%▲
from the previous year placing Charlotte at 20th
overall in year-over-year rent growth.
Charlotte Multifamily Market Summary – May 2022
New lease asking rents are at $1,570, up 17.6%▲
from the previous year placing Charlotte at 18th
overall in year-over-year rent growth.
Charlotte Multifamily Market Summary – April 2022
New lease asking rents are at $1,536, up 17.3%▲
from the previous year placing Charlotte at 23rd
overall in year-over-year rent growth.
Charlotte Multifamily Market Summary – March 2022
New lease asking rents are at $1,522, up 18.6%▲
from the previous year placing Charlotte at 16th
overall in year-over-year rent growth.
Charlotte Multifamily Market Summary – February 2022
New lease asking rents are at $1,506, up 19.3%▲
from the previous year placing Charlotte at 20th
overall in year-over-year rent growth.
Charlotte Multifamily Market Summary – January 2022
New lease asking rents are at $1,497, up 19.1%▲
from the previous year placing Charlotte at 19th
overall in year-over-year rent growth.
Charlotte Multifamily Market Summary – December 2021
New lease asking rents are at $1,481, up 18.6%▲
from the previous year placing Charlotte at 12th
overall in year-over-year rent growth.
