Market Summary

Charlotte, Mecklenburg County, NC

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Median Home Price Price

$391,335 $391.3K

Median Monthly Rent Rent

$1,951 $2K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mecklenburg County

Region Price Rent GRM Display
Pineville
$397,350 $1,997 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Mecklenburg County

Region Price Rent GRM Display
Concord, Cabarrus County, NC
$376,244 $1,459 22.0x
Durham, Durham County, NC
$393,884 $1,811 18.0x
Indian Trail, Union County, NC
$415,332 $2,398 14.0x
Ranlo, Gaston County, NC
$259,171 $1,263 17.0x
Midland, Cabarrus County, NC
$412,760 $1,516 23.0x
Lake Park, Union County, NC
$374,235 $1,269 25.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
La Riviera, Sacramento County, CA
$466,477 $2,038 19.0x
Patterson, Stanislaus County, CA
$507,058 $1,933 22.0x
Summerville, Dorchester County, SC
$376,570 $1,737 18.0x
Rock Hill, York County, SC
$323,008 $1,575 17.0x
Rancho Cordova, Sacramento County, CA
$531,704 $2,072 21.0x
Grant-Valkaria, Brevard County, FL
$509,582 $1,894 22.0x
Flowery Branch, Hall County, GA
$422,022 $2,036 17.0x
Loganville, Walton County, GA
$392,545 $2,205 15.0x
Arvada, Jefferson County, CO
$598,753 $2,118 24.0x
Woodstock, Cherokee County, GA
$454,247 $2,251 17.0x
Ashland City, Cheatham County, TN
$337,497 $1,543 18.0x
Diamond Springs, El Dorado County, CA
$431,738 $1,943 19.0x
Lilburn, Gwinnett County, GA
$393,123 $2,219 15.0x
Seffner, Hillsborough County, FL
$351,626 $1,778 17.0x
Banning, Riverside County, CA
$406,637 $1,900 18.0x
Vancouver, Clark County, WA
$494,235 $2,007 20.0x
Buckeye, Maricopa County, AZ
$395,176 $2,294 14.0x
Merced, Merced County, CA
$392,861 $1,545 21.0x
Murrells Inlet, Georgetown County, SC
$390,429 $1,912 17.0x
Dacula, Gwinnett County, GA
$450,504 $2,380 16.0x
Lodi, San Joaquin County, CA
$510,533 $1,836 23.0x
Hurst, Tarrant County, TX
$324,633 $1,668 16.0x
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$277,678 $1,264 18.0x
Carmichael, Sacramento County, CA
$546,476 $1,939 24.0x
Citrus Heights, Sacramento County, CA
$468,763 $2,164 18.0x
Salida, Stanislaus County, CA
$491,747 $2,455 17.0x
Garden City, Ada County, ID
$466,193 $1,752 22.0x
Woodland, Yolo County, CA
$545,990 $1,895 24.0x
Hoschton, Jackson County, GA
$484,318 $1,890 21.0x
Palmdale, Los Angeles County, CA
$495,274 $1,972 21.0x
Grayson, Gwinnett County, GA
$429,989 $2,425 15.0x
Roxana, Madison County, IL
$109,769 $1,226 7.0x
Clover, York County, SC
$408,259 $1,822 19.0x
La Verkin, Washington County, UT
$431,950 $1,618 22.0x
River Oaks, Tarrant County, TX
$215,360 $1,853 10.0x
Plant City, Hillsborough County, FL
$338,762 $1,663 17.0x
Lakewood, Jefferson County, CO
$556,051 $2,132 22.0x
Westminster, Jefferson County, CO
$514,147 $1,937 22.0x
Cumming, Forsyth County, GA
$597,214 $2,571 19.0x
Tucson, Pima County, AZ
$323,300 $1,501 18.0x
Pleasant View, Robertson County, TN
$408,419 $1,940 18.0x
Acworth, Cobb County, GA
$408,553 $2,146 16.0x

Home prices

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Monthly rent

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GRM

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Charlotte

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Trend Insights

Median Rent in Charlotte, NC is $1,951, with MoM change +$9 and YoY change +$30 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Charlotte, NC.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Charlotte, NC
Compare market Select a market
Delta vs base
Median rent
$1,951
N/A
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Median price
$391,335
N/A
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YoY change
+$30
N/A
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Price-to-rent
16.7x
Data unavailable
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