5+ Days Ago
Highlights
- Private deck
- Large backyard
Location
507 Lex Dr, Charlotte, NC 28262, USA|University City South
Tour 507 Lex Dr
Contact
Alcove Rooms
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Amenities for 507 Lex Dr, University City South
Features
| Air Conditioning | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Assigned Parking | Outdoor Space |
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
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 507 Lex Dr
Location: Alexander Town ATTENTION STUDENTS! Nothing like living "off campus" on campus! This unit is practically on the UNC Charlotte campus and truly walking distance to classes. No need for car or bike! If you have a car, this unit comes with two assigned parking spaces and plenty of guest parking! 2 minutes from UNC Charlotte Campus 8 minutes from Concord Mills Mall 20 minutes from Charlotte Douglas International Airport 18 minutes from downtown Charlotte 9 minutes from Wells Fargo CIC Harris Blvd 7 Minutes from I85 and I485 3 bedrooms/2 full bathrooms/1 half bath Washer/Dryer Included Upgraded Stove, Refrigerator Dishwasher New hardwood flooring throughout unit Freshly painted New toilets installed Large backyard & Newly installed Private Deck 2 assigned parking spots and plenty of guest parking. Note: Do not visit this property without first contacting us to schedule a tour at the number below.
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 507 Lex Dr compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | University City South |
|---|---|
| Zip code | 28262 |
| Type | Room for rent |
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Rent trends in University City South
1-bedroom apartments at 507 Lex Dr cost about 46% less than the average rent price for 1-bedroom apartments in Charlotte.
Median rents as of Jun 27 2026.
University City South
Charlotte
| Month | Median Rent |
|---|---|
| July 2024 | $1,494 |
| August 2024 | $1,494 |
| September 2024 | $1,484 |
| October 2024 | $1,476 |
| November 2024 | $1,476 |
| 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 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,332 |
| August 2024 | $1,313 |
| September 2024 | $1,250 |
| October 2024 | $1,260 |
| November 2024 | $1,313 |
| December 2024 | $1,265 |
| January 2025 | $1,185 |
| February 2025 | $1,186 |
| March 2025 | $1,287 |
| October 2025 | $1,159 |
| November 2025 | $1,108 |
| December 2025 | $1,000 |
| March 2026 | $1,127 |
| April 2026 | $1,157 |
| May 2026 | $1,111 |
Affordability calculator
Can I afford to live at 507 Lex Dr?
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
$23,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $23,400 annually to afford this 1-bedroom monthly rent price of $585.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $670 |
| 2 years ago | $550 |
Schools near 507 Lex Dr
University Meadows Elementary School
1600 pavilion blvd
charlotte, NC, 28262
PK, K-5Public
C
Hickory Ridge Elementary School
9464 hickory ridge rd
harrisburg, NC, 28075
K-5Public
A
Charlotte-Mecklenburg Academy
5833 millhaven ln
charlotte, NC, 28269
K-12Public
C+
Villa Heights Elementary
800 everett pl
charlotte, NC, 28205
K-5Public
B
New K-8 Language Immersion Magnet School
12201 hambright rd
huntersville, NC, 28078
K-8Public
B+
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Internet available near 507 Lex Dr
Neighborhood
University City South | Charlotte, NC
Getting around Charlotte near 507 Lex Dr
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
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 507 Lex Dr, Charlotte
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
2/10
Some bars within walking distance
Explore the area around 507 Lex Dr
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