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Apartment Rents in Charlotte Now Lower Than Last Year

Asking Rents Post First Annual Decline Since 2011, Though Quarterly Numbers Show Slight Rebound
CoStar Analytics
July 7, 2023 | 4:59 P.M.

A combination of cooling demand and additional supply from new projects hitting the market has caused asking apartment rents in Charlotte, North Carolina, to drop year over year for the first time in over a decade.

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