New apartments in Charlotte got smaller. How much? Forty square feet vanished over 10 years. RentCafe released a survey showing this shift. Monthly rents have jumped $665 during that same stretch.
The typical new unit now measures 925 square feet, shrinking from 965 a decade back. Renters in Charlotte fork over $1,756 each month on average, according to Zillow data. That’s a 16% bump when you account for inflation, which climbed 39% in the same window, according to Axios.
This doesn’t match what happened elsewhere. Strange, right?…