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Charlotte Sees Decline in Rent Prices Amid New Apartment Boom
News Summary Charlotte has experienced a decline in rent prices as new apartments become available, according to the Zumper Charlotte Metro Area Report. The median rent for a one-bedroom apartment was reported at $1,177, showing a 2% decrease compared to last year. This change is likely due to the increasing number of rental units, which has lowered the median rent per square foot to $1.60. While rents are more affordable