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Aerial View of Charlotte, North Carolina on clear day showing highways and skyline and Bank of America Stadium

Source: Joe Sohm/Visions of America / Getty

Atlanta and Charlotte are frequently compared. While renting is getting more expensive in both cities, Charlotte’s rentals are rising more quickly than Atlanta’s.

According to RentCafe, a website for apartment searching, the national average rent increased to $1,706 in July, and recent studies indicate that prices in Atlanta and Charlotte are comparatively similar in price.

In Atlanta, a typical 971-square-foot apartment costs $1,861 per month.

In Chrlotte, an average 942-square-foot apartment costs $1,639.

According to Apartment List, Charlotte is among the top 10 metro areas with the fastest rent growth.

In Charlotte, rental rates rose 17% in a single year, the 7th biggest yearly increase among metros.

Charlotte’s rent prices have climbed by 9% in the last six months, placing it 10th among other metros.

Read the full story here.

What’s the Difference? Charlotte vs Atlanta Rent Prices  was originally published on 1053rnb.com