How many apartments are available in 28278 on Rentable.co?
Rentable.co has 12 apartments available for rent in 28278.
What is the average rent for an apartment in 28278?
The average rent for an apartment in 28278 is around $850 per month.
What is the average rent for a two-bedroom apartment in 28278?
The average rent for a two-bedroom apartment in 28278 is around $850 per month.
Find an Apartment in 28278
Looking for apartments for rent in the 28278 zip code in Charlotte, NC? Rentable has a variety of options available for you. Currently, there are 26 units available in this area, with the average rent being $850. The minimum rent for a 2-bedroom floor plan starts at $850.
The 28278 zip code is located in southwest Charlotte, offering convenient access to various points of interest. If you enjoy outdoor activities, nearby parks like McDowell Nature Preserve and Lake Wylie provide beautiful natural spaces for relaxation and recreation. Additionally, the Steele Creek area provides a vibrant community with numerous shops, restaurants, and entertainment options.
If you're looking for apartments near 28278, Rentable's listings provide a diverse range of options to suit your preferences and budget. Browse through the available units in this area and find the perfect home for you.
Charlotte: November Rent Report
Welcome to the November 2023 Charlotte Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
November 2023 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 average rent prices in the chart below.
Monthly Rent Report
$1,750
$1,310
$880
$440
$0
Dec. 2022
Jan. 2023
Feb. 2023
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
1 BR2 BR
Charlotte Rent Prices Increase From October to November
Charlotte rent prices increased over the last month. From October to November, the city experienced a 1.48% increase for the price of a one-bedroom apartment. The rent price for a Charlotte one-bedroom apartments currently stands at $1,370.0.
When we take a look at the two-bedroom comparison from October to November, Charlotte experienced a 0.9% increase for the price of a two-bedroom apartment. The rent price for a Charlotte two-bedroom apartments currently stands at $1,682.0.
November Prices: Charlotte vs. Surrounding Areas
Matthews, NC
Mooresville, NC
Rock Hill, SC
Kannapolis, NC
Charlotte, NC
Concord, NC
Gastonia, NC
$1,718
$1,690
$1,436
$1,431
$1,350
$1,340
$1,050
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent
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, 3 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Concord, NC, Rock Hill, SC, Kannapolis, NC .
Rent decreased in Gastonia, NC, Mooresville, NC, Matthews, NC.
4 suburbs are currently priced higher than the city of Charlotte.
2 suburbs are currently priced lower than the city of Charlotte.
November 2023 Pricing Trends: Charlotte vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Charlotte, NC
Minneapolis, MN
Pittsburgh, PA
$3,958
$3,090
$2,495
$2,387
$1,857
$1,411
$1,350
$1,298
$1,133
$0
$1,300
$2,600
$3,900
$5,200
Median Rent
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 average 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.
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 November
1 BR M/M % Change
2 BR November
2 BR M/M % Change
Charlotte, NC
$1,350.0
1.81%
$1,667.0
1.15%
Concord, NC
$1,340.0
0.45%
$1,510.0
-1.24%
Gastonia, NC
$1,050.0
0.00%
$1,154.0
-0.35%
Rock Hill, SC
$1,436.0
0.70%
$1,557.0
-0.70%
Kannapolis, NC
$1,431.0
6.79%
$1,338.0
3.32%
Mooresville, NC
$1,690.0
-0.65%
$1,935.0
3.98%
Matthews, NC
$1,718.0
-2.39%
$1,856.0
-0.22%
Methodology
Each month, using over 1 million Rentable 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.