Rents in Charlotte elevated 0.3% in July, in comparison with a 0.3% enhance nationwide.
Yr-over-year hire development in Charlotte now stands at -1.8%, down from +16.9% one yr in the past. For the reason that begin of the COVID-19 pandemic in March 2020, citywide rents have risen a complete of 25.3%.
Right now the median hire in Charlotte is $1,335 for a one-bedroom unit and $1,462 for a two-bedroom unit. And the citywide house emptiness price stands at 8.5%, up 2.8 proportion factors from this time final yr.