
Some of the highlights for the Queen City include:
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In Charlotte, the 2022 rental season kicked off with a 0.2% increase in January, compared to a 0.2% increase nationally.
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Annual rent growth in Charlotte now stands at 19.6% after a year in which the pandemic drove prices up rapidly. In other parts of the country, annual rent growth exceeds 25%.
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Median rents in Charlotte now stand at $1,272 for a one-bedroom apartment and $1,421 for a two-bedroom.
For a complete look at national trends, you can read the national report here.