• Charlotte rent growth outpaces national average

    By: Jen Wilson, Charlotte Business Journal

    Updated:

    CHARLOTTE, N.C. - Even with new apartments popping up all over the place, rents in the Queen City are rising at a faster clip than the national average. 

    [ALSO READ: 9 Investigates: Report predicts every Charlotte-area neighborhood will see rent hike]

    According to Apartment List’s June 2019 Charlotte Rent Report, the cost of renting in Charlotte is up 2.2% from the same time last year. Nationwide, rents are up 1.5% from a year ago.

    Across North Carolina, though, rents are rising even faster, with year-over-year growth rates in Cary, Wilmington and High Point leading the way. The statewide average increase is at 2.8%.

    Read more here.

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