{"id":6249,"date":"2026-05-20T16:11:00","date_gmt":"2026-05-20T16:11:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=6249"},"modified":"2026-06-02T06:29:58","modified_gmt":"2026-06-02T06:29:58","slug":"charlotte-multifamily-market-report","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/charlotte-multifamily-market-report\/","title":{"rendered":"Charlotte Multifamily Market Report \u2013 May 2026"},"content":{"rendered":"<p>Charlotte\u2019s multifamily market showed positive signs in the year\u2019s first quarter, despite some areas posting only moderate growth, according to the latest Yardi Matrix Charlotte multifamily market report. Average advertised asking rents were up 0.1%, on a trailing three-month basis through March, to $1,581, mirroring the national average, as reported in the <a href=\"\/blog\/national-multifamily-market-report\/\" rel=\"\"><strong>U.S. multifamily market outlook<\/strong><\/a>. Year-over-year rents in the metro were down 1.4% through March, placing Charlotte in the bottom half for rent gains among the top 30 metros tracked by Yardi Matrix.<\/p>\n<p><iframe id=\"datawrapper-chart-LXjxS\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Charlotte vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/LXjxS\/1\/\" height=\"334\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>Employment growth in Charlotte expanded 2.7% in 2025, 210 basis points above the U.S. average. The metro added 37,600 net jobs last year, with professional and business services leading gains with 10,300 new positions added to the workforce. The area\u2019s unemployment rate clocked in at 3.6% as of December, 80 basis points below the national rate, according to preliminary data from the Bureau of Labor Statistics. A report published by Charlotte City Center Partners reveals that the city is poised for $4.4 billion in investment in 2026, with plans to turn Uptown, Midtown and the South End into mixed-use destinations beyond traditional business-focused districts.<\/p>\n<p><iframe id=\"datawrapper-chart-XJBNh\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Charlotte Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/XJBNh\/1\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>The metro\u2019s deliveries expanded significantly last year, with 18,436 units delivered, accounting for 7.4% of existing stock, the largest total in the last five years. Meanwhile, investment activity maintained its pre-pandemic level in 2025, clocking in at $1.9 billion.<\/p>\n<p>Read the full Yardi Matrix Charlotte Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/8686-MatrixMultifamilyCharlotteReport-May2026\"><strong>May 2026<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charlotte\u2019s multifamily market showed positive signs in the year\u2019s first quarter, despite some areas posting only moderate growth, according to the latest Yardi Matrix Charlotte multifamily market report. Average advertised asking rents were up 0.1%, on a trailing three-month basis through March, to $1,581, mirroring the national average, as reported in the U.S. multifamily market [&hellip;]<\/p>\n","protected":false},"author":753,"featured_media":10377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[448,519],"class_list":["post-6249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-charlotte","tag-multifamily-outlook-2026"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Charlotte Multifamily Market Report | Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Get the latest Yardi Matrix 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