CHARLOTTE, N.C. — Even with new apartments popping up all over the place, rents in the Queen City are rising at a faster clip than the national average.
[ALSO READ: 9 Investigates: Report predicts every Charlotte-area neighborhood will see rent hike]
According to Apartment List’s June 2019 Charlotte Rent Report, the cost of renting in Charlotte is up 2.2% from the same time last year. Nationwide, rents are up 1.5% from a year ago.
Across North Carolina, though, rents are rising even faster, with year-over-year growth rates in Cary, Wilmington and High Point leading the way. The statewide average increase is at 2.8%.
Read more here.
Read more top trending stories on wsoctv.com:
- Sheriff: Store wouldn't let deputy wearing gun pick up engagement ring
- 'I have to sit here and bury my son': 16-year-old killed after shots fired into home
- Thief caught on camera stealing tip jar from Gastonia restaurant
- FORECAST: Not much rain expected before storms usher in weekend
- Teen accused of killing college baseball player in 2017 again rejects plea deal
Cox Media Group
