Charlotte Multifamily Market Report

By CREhunt Research · Data through Q4 2025 · Aggregated from Northmarq, Cushman & Wakefield, Colliers

Quarterly multifamily market indicators for Charlotte, aggregated by CREhunt from Northmarq, Cushman & Wakefield, Colliers. As of Q3 2025, average asking rent was $1,595.00/unit/mo, per Cushman & Wakefield.

Projected current multifamily pricing — Charlotte

Projected asking rent
$1,595/unit/mo
Estimated sale value
$183,132–$228,914/unit

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q3 2025 Cushman & Wakefield data (cap rate 5.0%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 52–65% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q4 2025
Northmarq
————
Q3 2025
Cushman & Wakefield
$1,595.00/unit/mo—3 SF2K SF
Q2 2018
Colliers
—4.8%95 SF—

Frequently asked questions

What is the average asking rent for multifamily space in Charlotte?
As of Q3 2025, the average asking rent for multifamily space in Charlotte was $1,595.00/unit/mo, 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 CREhunt's Charlotte market data come from?
This report aggregates quarterly multifamily market data for Charlotte from Northmarq, Cushman & Wakefield, Colliers.