Nov 16, 2017 - Real Estate

Charlotte’s ever-rising rent now averages $1,115. Here’s what that would get you in 6 other major cities

Kylie Moore

huntersville geo dome skyline — via temptthearrow on Instagram

The average rent in Charlotte today, according to Real Data, is $1,115. That’s close to 6 percent higher than last year.

By now, we have a solid feel for what that number will get us across the city. In South End, it’s a 472-square-foot studio ($1,080). In Uptown, it’s a 509-square-foot one-bedroom ($1,080). In NoDa, you’ll get a 775-square-foot one-bedroom ($1,091). Head down to SouthPark and you’ll find a 729-square-foot one-bedroom ($1,095).

Luxury amenities, too, are becoming standard across the board and often include fitness centers, saltwater pools, free coffee, dog spas and wine coolers.

While these finds obviously don’t reflect every neighborhood, it’s a good indicator of what you might expect to find when you start looking.

And as more and more apartments flood the city, rent is only going to get higher.

Despite the growing rent, we still have it pretty good when it comes to apartment living. Don’t believe me?

Here’s a look at what $1,115 gets you in five major cities across the U.S.

Boston

Location: 451 Meridian Street (Eagle Hill neighborhood)
Specs: 132 square feet in one bedroom of a 4-bedroom, 1-bath apartment
Amenities: Furnished bedroom, including full-size bed, bedding, side table, desk and lamp
Pets: No
Rent: $1,006

Per the listing: “This is a 4 bedroom, 1 bath apartment on the first floor. The efficiently designed eat-in kitchen has stainless steel appliances, including a dishwasher and built-in microwave. There is a table with four chairs. The common space includes a cozy seating area with a comfortable sofa, coffee table, end table, standing lamp and area rug. Common space is shared with three other renters. The bedroom is furnished with a full-size bed, bedding, side table, desk, chair, and lamp. There are three windows adding an abundance of natural light. A large corner closet with a full-length mirror offers a great deal of storage space. In addition, a cube unit makes room for even more belongings.” Photo via Bedly.

Chicago

Location: Grace Shores Apartments (639-55 West Grace Street)
Specs: 350 square feet, 0 bedrooms, 1 bathroom
Amenities: Fitness center, elevator, laundry on-site, available parking ($160/month for uncovered, $175/month for covered)
Pets: 2 cats allowed per unit, only service dogs
Rent: $1,080

Per the Grace Shores website: “This contemporary building located in the heart of East Lakeview, is just steps from CTA access, Belmont Harbor, Waveland Golf Course, Lake Michigan and Wrigley Field. Our studio and one-bedroom apartments feature hardwood flooring, generous closet space, updated bathrooms with subway tiling and spacious layouts. Amenities include a 24-hour fitness center, on-site maintenance and two on-site laundry facilities. Assigned monthly parking is also available for our residents.” Photo via Grace Shores.

Dallas

Location: Tonti Lakeside Luxury Apartments (777 Glen America Drive)
Specs: 728 square feet, 1 bedroom, 1 bathroom
Amenities: Fitness center, pool, valet trash, lake and creek water features, lakeside deck, parking. Full list of amenities here.
Rent: $1,113

Los Angeles

Location: William Penn Apartment Homes (2208 West 8th Street)
Specs: 340 square feet, 0 bedrooms, 1 bathroom
Amenities: Fitness center, elevator, courtyard
Pets: 2 dogs, 2 cats ($500 deposit + $45 rent)
Rent: $1,050

New York City

Location: 97 Allen Street
Specs: One bedroom in a 2-bedroom apartment that’s large enough to fit a queen-sized bed, desk and dresser
Amenities: None
Pets: Yes
Rent: $1,100

Per the listing: “Wing 2 bedroom with spacious rooms, both rooms fit queen beds with space for desk, dresser and more. Kitchen has lots of storage and is large enough to accommodate either a table with chairs or small lounge area. Brand new tile bathroom, hardwood floors, tons of natural light and a great share.”

Washington, D.C.

Location: The Grove at Parkside (600 Kenilworth Terrace NE)
Specs: 527 sq. ft. loft with 1 bathroom, washer and dryer
Amenities: Energy efficient hardware, transit schedule display, catering kitchen, outdoor lounges, parking
Pets: No
Rent: $1,041

As for that “brand new tile bathroom” in New York City, just remember you could always have it worse than you might right now:

Feature photo via Instagram.

Add Axios on Google