Downtown Charlotte, Mecklenburg County, NC Housing Trends, Rent, Price-to-Rent

Market Summary

Downtown Charlotte, Mecklenburg County, NC

Median Home Price Price

$529,404 $529.4K

Median Monthly Rent Rent

$2,148 $2.1K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Downtown Charlotte, NC is $2,148, with MoM change +$13 and YoY change +$56 pointing to positive momentum while volatility is low (std $12).

Benchmark Markets Side by Side

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Metric

Base market Downtown Charlotte, NC

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Delta vs base

Median rent

$2,148

N/A

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Median price

$529,404

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YoY change

+$56

N/A

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Price-to-rent

20.5x

Data unavailable

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