Multifamily’s Role in Charlotte’s Housing Market

Did you know that rental housing accounts for close to half of all households in Charlotte, reflecting the city’s growing reliance on multifamily and attached housing options?

While single-family detached homes remain an important part of the housing landscape, multifamily and attached housing represent a substantial share of Charlotte’s housing stock, particularly in the urban core, where higher-density development patterns are more common.

This shift reflects changing development trends, land constraints, and demand for housing located near jobs, services, and transportation, underscoring the central role multifamily housing plays in meeting Charlotte’s housing needs.