Commonwealth

Charlotte, NC

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Commonwealth - Charlotte, NC

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See what you and your new neighbors have in common in this trendy neighborhood

Trendy Nightlife Dining Great Location Family-Friendly

Located about three miles southeast of Uptown Charlotte and the Four Wards, Commonwealth is one of the Queen City’s best neighborhoods. Commonwealth offers affordable to upscale rentals in a variety of styles, from quaint single-family homes to luxury apartments. The neighborhood balances the beauty of suburban and urban living with lush, tree-lined streets, access to great schools, plentiful amenities, and convenience to the heart of the city. Filled with diverse eateries, trendy gastropubs, live music venues, and breweries, Commonwealth has a vibrant nightlife scene. There are also several spas, yoga studios, salons, offices, and retail shops in the neighborhood. Veteran Memorial Park in the center of the community provides a breath of fresh air with a splash pad, playground, and sports facilities. And if you want even more options for shopping, dining, and entertainment, Commonwealth is only 10 minutes away from Uptown Charlotte and the historic Four Wards. Great for urbanites, foodies, professionals, families, and everything in between, Commonwealth is the ideal place to find your next rental.

Rent Trends

As of March 2025, the average apartment rent in Commonwealth is $1,562 for a studio, $1,866 for one bedroom, $2,627 for two bedrooms, and $3,203 for three bedrooms. Apartment rent in Commonwealth has decreased by -6.4% in the past year.

  • Studio

  • 605 sq ft

    Average Sq Ft

  • $1,562/month

    Average Rent

  • 1 BR

  • 751 sq ft

    Average Sq Ft

  • $1,866/month

    Average Rent

  • 2 BR

  • 1,228 sq ft

    Average Sq Ft

  • $2,627/month

    Average Rent

  • 3 BR

  • 1,597 sq ft

    Average Sq Ft

  • $3,203/month

    Average Rent

Transportation

80

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

48

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

49

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Reviews of Commonwealth - Charlotte, NC

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3.5 4 Reviews

Niche User

10 years and 7 months agoNiche Review

I enjoy the atmosphere because the people are friendly and its always something to do in the area. The food is great and different and shopping is great. If I could do it again I would move here that is, wish I had a bigger place, but can't afford to move into a bigger place in this area at a price in my budget. Overall this area makes you feel good coming home, plus its peaceful.

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Points of Interest

Parks and Recreation

  • Discovery Place
  • Evergreen Nature Preserve
  • Charlotte Nature Museum
  • Wing Haven Gardens & Bird Sanctuary
  • Briar Creek Greenway

Airports

  • Charlotte/Douglas International
  • Concord-Padgett Regional

Top Apartments in Commonwealth

Houses for Rent in Commonwealth

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.