Charlotte, NC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Charlotte short-term rental market based on reliable data.

Listings

498 / 961

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$31,920

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$393,846

Median Home Sale Price

Top Earners

$56,442

Top-Earners Revenue

Charlotte

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Charlotte.

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A

Very Investor friendly

Charlotte Regulations

Charlotte explicitly allows STRs, removed any city-specific STR rules from its UDO (April 2022), and imposes no local permit, fee, or operational caps beyond standard state safety and tax obligations; compliance is straightforward and predictable, creating a permissive, investor-friendly environment.

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About Charlotte

Charlotte, North Carolina, is the largest city in the state and serves as a major commercial hub in the southeastern United States. As of the latest estimates, the city's population is approximately 900,000 people. Charlotte is situated roughly 150 miles southwest of Raleigh, the state capital, and about 80 miles northeast of Greenville, South Carolina.

Charlotte is known for its vibrant economy, partly driven by the presence of major financial institutions such as Bank of America and the east coast operations of Wells Fargo. This economic boom has given rise to numerous opportunities for short-term rentals, catering to business travelers, tourists, and transient workers.

Key landmarks that serve as significant tourist attractions in Charlotte include the NASCAR Hall of Fame (https://www.nascarhall.com/),,) a premier destination for motorsports enthusiasts, and the U.S. National Whitewater Center (https://whitewater.org/),,) which offers an array of outdoor activities such as whitewater rafting, kayaking, and rock climbing.

The city's cultural scene is enriched by institutions like the Bechtler Museum of Modern Art (https://bechtler.org/),,) and the Levine Museum of the New South (https://www.museumofthenewsouth.org/),,) which explores the history and culture of the southern United States post-Civil War. Sports fans can enjoy games and events at the Bank of America Stadium (https://www.panthers.com/stadium/),,) home to the NFL's Carolina Panthers, or at the Spectrum Center (https://www.spectrumcentercharlotte.com/),,) where the NBA's Charlotte Hornets play.

Charlotte's diverse neighborhoods, such as the upscale South End, the historic Fourth Ward, and the trendy NoDa (North Davidson), offer a variety of accommodations to meet different tastes and budgets. Convenient public transit, including the LYNX Light Rail system, makes it easy for visitors to explore the city's attractions.

Overall, Charlotte's blend of business opportunities, rich cultural landmarks, and vibrant neighborhoods make it an appealing destination for short-term rentals.

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