Updated 36 Minutes Ago
Location
3940 Arbor Ln, Charlotte, NC 28209, USA|Freedom Park
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Amenities for 3940 Arbor Ln, Freedom Park
Apartment Amenities
| Air Conditioning | Baseboard |
| Electric Heating | Window Units |
Appliances
| In-Unit Laundry |
Building
| Laundry Room | Roof Type: Shingle |
Other
| Five Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
About 3940 Arbor Ln
Sweet deal!
This listing is 46% below the median price for 1 bedroom apartments in Freedom Park.
Property Status: Active Affordable One Bedroom unit in Myers Park, Close proximity to Park Road Shopping Center, Range, Refrigerator, Washer/Dryer Connections for a stack unit only. Recently updated with LVP flooring throughout, new range and subway tile backsplash in kitchen. Window A/C and Electric Baseboard Heating. On street parking. No Pets. Office Phone: (704) 488-0308 Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 3940 Arbor Ln compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 miles away
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.5 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 1.2 miles away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Freedom Park |
|---|---|
| Zip code | 28209 |
| Type | Apartment for rent |
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Rent trends in Freedom Park
1-bedroom apartments at 3940 Arbor Ln cost about 46% less than the average rent price for 1-bedroom apartments in Charlotte.
Median rents as of Oct 31 2026.
Freedom Park
Charlotte
| Month | Median Rent |
|---|---|
| November 2024 | $1,475 |
| December 2024 | $1,448 |
| January 2025 | $1,439 |
| February 2025 | $1,424 |
| March 2025 | $1,439 |
| April 2025 | $1,465 |
| May 2025 | $1,467 |
| June 2025 | $1,478 |
| July 2025 | $1,462 |
| August 2025 | $1,469 |
| September 2025 | $1,459 |
| October 2025 | $1,420 |
| November 2025 | $1,386 |
| December 2025 | $1,390 |
| January 2026 | $1,395 |
| February 2026 | $1,392 |
| March 2026 | $1,380 |
| April 2026 | $1,416 |
| May 2026 | $1,445 |
| June 2026 | $1,464 |
| July 2026 | $1,447 |
| August 2026 | $1,429 |
| September 2026 | $1,410 |
| October 2026 | $1,397 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,309 |
| December 2024 | $2,124 |
| January 2025 | $1,880 |
Affordability calculator
Can I afford to live at 3940 Arbor Ln?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$41,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this 1-bedroom monthly rent price of $1,025.
For more information on rent affordability, visit our rent calculator.
Schools near 3940 Arbor Ln
Selwyn Elementary School
2840 colony rd
charlotte, NC, 28211
K-5Public
A-
Metro School
405 s davidson st
charlotte, NC, 28202
PK, K-12Public
Niner University Elementary School
2414 lester st
charlotte, NC, 28208
K-4Public
Villa Heights Elementary
800 everett pl
charlotte, NC, 28205
K-5Public
B
Renaissance West Steam Academy
3241 new renaissance way
charlotte, NC, 28208
PK, K-8Public
C
Neighborhood
Freedom Park | Charlotte, NC
Getting around Charlotte near 3940 Arbor Ln
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 3940 Arbor Ln, Charlotte
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Explore the area around 3940 Arbor Ln
Harris Teeter
4101 Park Rd
Harris Teeter
5030 Park Rd
H 2 Oasis
2447 Park Rd
Mas Por Menos LLC
4805 South Blvd
Anh Dao Sakura Oriental Market
4325 South Blvd
Onward Reserve
4149 Park Rd
Ivy & Leo, Inc
4145 Park Rd
Julie's Inc
4145 Park Rd
J.Crew Factory Store
4217 Park Rd
Ede Graves
4301 Park Rd
Your Mom's Donuts
4205 Park Rd
Dunx Coffee LLC
4225 Park Rd
Southern pressed juicery
4325 Park Rd
Caribou Coffee
4327 Park Rd
Starbucks
4425 Park Rd
Dot Dot Dot
4237 Park Rd
Burtons Grill & Bar
1601 E Woodlawn Rd
Tiki Hideaway
1600 E Woodlawn Rd
Qdoba Mexican Eats
1600 E Woodlawn Rd
Barker Lounge
1719 Montford Dr
Suarez Bakery
4245 Park Rd
Amelie's French Bakery
4321 Park Rd
Southern pressed juicery
4325 Park Rd
Charlotte Nutrition LLC
2016 Hassell Pl
Polka Dot Bakers Inc
1730 E Woodlawn Rd
Playground
Park
Playground
Little Sugar Creek Greenway
Playground
Your Mom's Donuts
4205 Park Rd
C O Restaurant
4201D Park Rd
Midwood Smokehouse
540 Brandywine Rd
Sir Edmond Halley's
4151 Park Rd
Osteria Luca
4127 Park Rd
Park Rd / Park Rd Shopping Center Dr
Park Road
Park Rd / Holmes Dr
Park Road
Park Rd / Park Rd Shopping Center Dr
Park Road
Park Rd / Drexel Pl
Park Road
Woodlawn Rd / Park Rd
Woodlawn / Scaleybark / Crosstown
Charlotte Amtrak Station
Piedmont, Crescent, Carolinian
Woodlawn Station
LYNX Blue Line
Scaleybark Station
LYNX Blue Line
Tyvola Station
LYNX Blue Line
New Bern Station
LYNX Blue Line
Archdale Station
LYNX Blue Line
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