The team over at ApartmentList.com just published their March 2022 Rent Report, complete with median rent and price growth data.
Highlights for the Charlotte region include:
Rents in Charlotte increased 0.5% month-over-month, compared to a 0.6% decrease nationally. Month-over-month growth in Charlotte ranks #50 among the nation’s 100 largest cities.
Year-over-year rent growth in Charlotte currently stands at 19.5%, compared to -1% at this time last year. Year-over-year growth in Charlotte ranks #29 among the nation’s 100 largest cities. Rents in Charlotte are up by 17.6% since the start of the pandemic in March 2020.
Median rents in Charlotte currently stand at $1279 for a 1-bedroom apartment and $1430 for a two-bedroom.
You can check out the full report here, and for a complete look at national trends, read their national report here.