My Home Leasing Charlotte Market Analysis – April 2020

We hope that all your family and friends have stayed safe and healthy during the Covid-19 crisis. Despite the Covid-19 pandemic and the stay home orders issues for much of the area, Charlotte Property managers saw a great increase in the rental market for the month of March. The number of homes leased increased from February by 18% for a total of 1,166 homes leased in March. There was also a fantastic increase from March 2019 with 878 homes leased a 32% increase. Unfortunately, there was a slight decrease in the monthly rental rate, decreasing from an average of $1546 in the month of February to an average of $1489 for the month of March. Year to date the mark is doing well with a total leased homes of 3003 an increase of 27% from this time last year. For more information about the current rental market and how My Home Leasing can help with your investment property contact one of our great property managers.

Simply send us an email with your property address and we will provide you with the current active inventory and rental rates specific to your home.