Charlotte Multifamily Market Report

By PropZone Research · Data through Q3 2025 · Aggregated from Cushman & Wakefield, Lee Associates, Colliers

Quarterly multifamily market indicators for Charlotte, aggregated by PropZone from Cushman & Wakefield, Lee Associates, Colliers. As of Q3 2019, average asking rent was $1457.00/SF.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q3 20250K SF2K SFCushman & Wakefield
Q3 2019$1457.00/SF-4K SFCushman & Wakefield
Q3 2019$1560.00/SF11.3%8K SFLee Associates
Q2 20184.8%0K SFColliers

Frequently asked questions

What is the average asking rent for multifamily space in Charlotte?
As of Q3 2019, the average asking rent for multifamily space in Charlotte was $1457.00/SF, per Cushman & Wakefield.
What is the multifamily vacancy rate in Charlotte?
Vacancy data for Charlotte multifamily is aggregated from brokerage reports; refer to the quarterly table for available quarters.
Where does PropZone's Charlotte market data come from?
This report aggregates quarterly multifamily market data for Charlotte from Cushman & Wakefield, Lee Associates, Colliers.