PoolDeck

Charlotte Apartments - Rental

That’s up from $1, 011 in March, a 4 % enhance from the last time genuine Data introduced its biannual marketplace overview for Charlotte. This past year, lease averaged $1, 000 in the Charlotte market.

“The lease index continues to increase at a much faster rate than the wage list or home loan index, ” Real Data blogged with its summary. “The average rent has increased 35 % in past times five years.”

And despite booming construction – 10, 155 apartment units are under building into the Charlotte market, and another 13, 442 are in the pipeline – vacancy prices stay reasonable, hardly ticking as much as 5.9 per cent, from 5.7 percent last year. Powerful need, driven by a very good local job market and folks going to Charlotte is operating the large occupancy figures. And the vast majority of the units suggested or under construction are high-end, concentrating on reasonably rich tenants.

Below are a few of the key numbers from Real Data report:

$1, 711

Highest average rent in Charlotte, uptown submarket

Source: www.charlotteobserver.com
Share this Post

Related posts

Cheap Rentals in Charlotte NC

Cheap Rentals in Charlotte NC

FEBRUARY 20, 2020

Why rent an automobile in Charlotte? But of course you’ll desire a motor vehicle in Charlotte, home of this NASCAR Hall of…

Read More
Find Cheap Studio Apartment

Find Cheap Studio Apartment

FEBRUARY 20, 2020

Studio flats are perfect for youthful professionals, lovers, pupils, and artists as they are a less expensive option to larger…

Read More