Charlotte, NC Multifamily Market Report Q1 2026
Charlotte's Q1 2026 multifamily market experienced $2.3 billion in transaction volume, a 5.0% average cap rate, and 6.2% vacancy, with asking rents declining 3.2% year-over-year to $1,516 per month amid approximately 18,000 units under construction. The market is navigating peak supply pressure while maintaining strong demand fundamentals supported by 2.8 million metro residents and 1.39% year-over-year job growth, with Matthews projecting rent growth to turn positive in 2027 at an expected +1.8% annual change.
Published by Matthews. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Matthews
- Obtained from
- Matthews
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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