September Charlotte Rental Market Analysis

The Charlotte rental market continues to show strong growth for the month of September.  September closed out with an average monthly rental price of $1613 per month. The number of leased units increased year to date by over 16%, the number of properties leased year over year also increased from 729 to 803 in the month of September. The Charlotte rental market continues to have limited inventory, showing a 44% decrease in active properties over the past year.  Lower inventory increases prices due to supply and demand. Now is a great time to contact us to discuss our property management services and how we can help you with your investment properties.