What is the rental vacancy rate in Charlotte, NC?
The rental vacancy rate in Charlotte, NC is 7.8% (±0.6 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.7% (±0.2 points).
30,517 (±1,490) homes, 7.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Charlotte, the rental vacancy rate went from 6.5% in 2015–2019 to 7.8% in 2020–2024 (+1.3 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 7.8% (±0.6 points)
- Homeowner vacancy rate
- 0.7% (±0.2 points)
- Vacant homes
- 30,517 (±1,490)
Vacancy in Charlotte against Mecklenburg County, its state and the nation
| Charlotte | Mecklenburg County | North Carolina | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.8% (±0.6 points) | 7.5% (±0.5 points) | 7.1% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.7% (±0.2 points) | 0.7% (±0.1 points) | 1.3% (±0.1 points) | 0.9% |
| Vacant housing units | 30,517 (±1,490) | 36,544 (±1,626) | 613,323 (±9,483) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Charlotte, the rental vacancy rate is not measurably different from Mecklenburg County (7.5%).
It is also higher than in North Carolina (7.1%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Charlotte
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Charlotte | — | 7.8% (±0.6 points) | — |
| Pineville | 8.7 mi | 7.2% (±5.2 points) | Not measurably different |
| Matthews | 9.2 mi | 7.1% (±3.4 points) | Not measurably different |
| Mint Hill | 10 mi | 9.4% (±5.9 points) | Not measurably different |
| Stallings | 12 mi | 0.0% (±5.1 points) | Lower |
| Belmont | 12 mi | 4.9% (±5.0 points) | Not measurably different |
| Mount Holly | 12 mi | 2.5% (±1.8 points) | Lower |
| Harrisburg | 12 mi | 0.0% (±6.2 points) | Lower |
| Hemby Bridge | 14 mi | 0.0% (±30.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Stallings, NC (0.0%), Mount Holly, NC (2.5%), Harrisburg, NC (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Mecklenburg County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Davidson | 13.5% (±8.5 points) |
| 2 | Mint Hill | 9.4% (±5.9 points) |
| 3 | Charlotte | 7.8% (±0.6 points) |
| 4 | Pineville | 7.2% (±5.2 points) |
| 5 | Matthews | 7.1% (±3.4 points) |
| 6 | Cornelius | 4.0% (±2.4 points) |
| 7 | Huntersville | 3.3% (±1.6 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Charlotte
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Charlotte, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Charlotte beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Charlotte, and send estimates and invoices from your phone.
Questions about Charlotte
Is it hard to find a rental in Charlotte?
The rental vacancy rate in Charlotte, NC is 7.8% (±0.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Charlotte tighter than it was?
In Charlotte, the rental vacancy rate went from 6.5% in 2015–2019 to 7.8% in 2020–2024 (+1.3 percentage points), a measurable increase.
How many homes are vacant in Charlotte?
An estimated 30,517 (±1,490) housing units, 7.6% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Charlotte city, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Charlotte city, North Carolina
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Charlotte city, North Carolina (place:12000, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Charlotte at a glance
- Median rent in Charlotte
- Rent by bedrooms in Charlotte
- Rent burden in Charlotte
- Renters and owners in Charlotte
- Income and affordability in Charlotte
- Home values in Charlotte
- Homeowner costs in Charlotte
- Property taxes in Charlotte
- Types of homes in Charlotte
- Bedrooms in Charlotte
- Age of homes in Charlotte
- Heating fuel in Charlotte
- Commute and cars in Charlotte
- Crime reported to police in Charlotte
- Population growth in Charlotte
- How long people stay in Charlotte
- Crowding and facilities in Charlotte
- Fair Market Rent in Charlotte
- North Carolina landlord and tenant rules
- Housing across Mecklenburg County
- North Carolina places ranked by rental vacancy rate
- Housing data for every place in North Carolina