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Rents Around Charlotte

Jennifer Mullis • Jan 19, 2021

Cost of living in and around Charlotte, NC

The average rental rate for an apartment in the Charlotte Metro Area is around $1,200 per month.  Since T. R, Lawing Realty, Inc. offers the largest variety of rental houses, duplexes, condos and apartment in the Charlotte region, we wanted to see what $1,500 per month would get you in and around Charlotte.  We visited our website www.trlawing.com to do a simple search and here is what we found.


1908 East Marion Street, Shelby, NC

$1,500/month

This pet friendly three bedroom, 2 bath brick ranch home offers a bonus room, front and back porches and a single car garage.   Located in the picturesque city of Shelby in Cleveland County and nestled in the foothills of the Blue Ridge Mountains, this area offers a comfortable climate, friendly people and a long list of attractions including the Cleveland County Fairgrounds, the legendary Earl Scruggs Center, and the Foothills Farmers Market.


10709 Wading Lane, Charlotte, NC

$1,475/month

Located in Reedy Creek Plantation on the east side of Charlotte, this lovely three bedroom, 2 bath home is move-in ready and situated on a quiet cul-de-sac and features a large main floor master bedroom and huge bonus room located over the garage.


900 Academy Street, Charlotte, NC

$1,350/month

NODA aka "The Arts District" is a charming area just north of Uptown that has some of Charlotte's best restaurants, breweries and art galleries.  Say "yes" to this delightful corner lot two bedroom, 1 bath home featuring charming arched doorways and gleaming hardwood floors.  This pet friendly home also has a fenced backyard for your best friend.


2615 Ashley Road, Charlotte, NC

$1,300/month

This renovated three bedroom, 2 bath ranch style home is located in the amazing Ashely Park area, just west of Uptown.  This home boasts a lot of NEW features including all new plank siding, low energy windows, new roof, HVAC, tankless water heater, rear covered deck, and new kitchen with stainless steel appliances.  Demand is high for this area since it is located just 3 miles from Bank of America Stadium and all that Uptown Charlotte has to offer. 


This is just a small sampling of what we have to offer.  If you are looking for a home or if you are looking to see what your home may go for in similar areas, please feel free to visit the website or simply give us a call! 


Managing the details, so you don't have to!

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We purchase the same 5-page Tenant Screening Report and we use the same credit scoring model on every rental applicant but there is still skepticism. An applicant recently complained that her credit score was 100 points higher than what we said and, surprise!, both of us were correct! That’s right! The same credit bureau had reported different scores for the same person and only 10 days apart. Here is what we learned …. Everyone knows there are 3 national credit bureaus – Equifax, Experian and TranUnion – but did you know there are 11 FICO methods plus 2 VantageScore methods which they use to produce your score? It all depends on the risks being assessed? In short, there are large differences in the risk-assessment for a credit card application, a car, a mortgage or a lease and, thus, there are different credit scores for each. Each bureau strives to be the best but that, too, causes different scores. For instance, Experian uses FICO Auto Score 2, Equifax uses FICO Auto Score 5 and TransUnion uses Auto Score 4 for auto lending and equally varied methods for mortgage lending and apartment leasing. Each version treats late payments, high balances near the limit and recently opened credit accounts slightly different. Also, FICO weighs utilization of credit as 30% of its score while VantageScore places a heavier 45% on how much credit is being used. FICO gives a total of 25% to the age and type of credit history while VantageScore only gives these factors 13% of its score. In short, my credit score and your credit score can vary greatly simply depending on which credit bureau and what type of risk being assessed. .
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