CHARLOTTE, N.C. — Just how much does a household in Charlotte need to earn in order to afford renting an apartment in the Queen City without being cost-burdened?
According to SmartAsset, a local household should make an annual income of at least $65,400 to cover the average monthly rent of $1,526 for a two-bedroom unit. Out of the 25 largest U.S. cities, Charlotte ranked at No. 11 for having the lowest income needed for residents to comfortably pay rent.
Click here for more and to see the five Charlotte neighborhoods where rents have grown the most year over year.
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