Property Prices in Charlotte, NC, United States

Index Info
Price to Income Ratio: 3.87
Mortgage as Percentage of Income: 33.75%
Loan Affordability Index: 2.96
Price to Rent Ratio - City Centre: 10.22
Price to Rent Ratio - Outside of Centre: 8.22
Gross Rental Yield (City Centre): 9.78%
Gross Rental Yield (Outside of Centre): 12.16%
Rent Per Month
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1 Bedroom Apartment in City Centre $1,819.33 1,469.00-2,700.00
1 Bedroom Apartment Outside of City Centre $1,400.60 1,020.00-2,000.00
3 Bedroom Apartment in City Centre $3,655.00 2,600.00-6,000.00
3 Bedroom Apartment Outside of City Centre $2,384.80 1,922.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $396.69 396.69-400.00
Price per Square Feet to Buy Apartment Outside of Centre $227.75 219.99-250.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) $4,337.85
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.17 6.00-7.00

These data are based on 147 entries from 22 contributors over the past 18 months.
Last update: 17 May 2026

Sources and References
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