Austin, TX vs Charlotte, NC
Compare rent, home prices, and affordability for up to 3 US cities.
The Verdict
Charlotte, NC is cheaper — a 2-bedroom averages $1,824/mo versus $1,949/mo in Austin, TX, 6% ($125/mo) less. Over a year that is $1,500 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $77,960/year in Austin, TX versus $72,960/year in Charlotte, NC — a $5,000 difference in required salary.
Home Prices
The median home costs $400,096 in Charlotte, NC versus $510,722 in Austin, TX — 28% higher. Buyers priced out of Austin, TX may find Charlotte, NC more attainable.
Select Cities (2/3)
Austin, TX
Charlotte, NC
| Metric | Austin TX | Charlotte NC |
|---|---|---|
| Studio Rent | $1,549✓ | $1,586 |
| 1BR Rent | $1,650 | $1,647✓ |
| 2BR Rent | $1,949 | $1,824✓ |
| 3BR Rent | $2,484 | $2,250✓ |
| 4BR Rent | $2,882 | $2,852✓ |
| Median Home Value | $510,722 | $400,096✓ |
| Price per sqft | — | — |
| Median Income | $97,638 | $80,201✓ |
| Income to Rent 2BR | $77,960/yr | $72,960/yr✓ |