Atlanta and Charlotte are frequently compared. While renting is getting more expensive in both cities, Charlotte’s rentals are rising more quickly than Atlanta’s.
According to RentCafe, a website for apartment searching, the national average rent increased to $1,706 in July, and recent studies indicate that prices in Atlanta and Charlotte are comparatively similar in price.
In Atlanta, a typical 971-square-foot apartment costs $1,861 per month.
In Chrlotte, an average 942-square-foot apartment costs $1,639.
According to Apartment List, Charlotte is among the top 10 metro areas with the fastest rent growth.
In Charlotte, rental rates rose 17% in a single year, the 7th biggest yearly increase among metros.
Charlotte’s rent prices have climbed by 9% in the last six months, placing it 10th among other metros.