Charlotte Apartment Rents Post Steepest Decline Since 2010 Amid Supply Surge

shows Charlotte apartment rents are now falling at their fastest pace in more than a decade, as a wave of new supply continues to outstrip demand.

Average asking rents fell about 2.1% year over year in Q1 2026, marking the 11th straight quarter of annual rent declines and the sharpest drop since 2010…

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