King Charlotte — Rental Market Data

King Charlotte carries two active listings as of August 31, 2026, with asking rents ranging from $2,500 to $3,350 per month and an average of $2,925 per month. The median asking rent is also $2,925 per month, and the two suites average 582 square feet at a combined rate of $5.32 per square foot. The inventory is split evenly between one one-bedroom and one two-bedroom unit, so neither compact entry-level suites nor multi-bedroom executive layouts hold a clear majority; the current mix tilts slightly toward the larger two-bedroom footprint relative to the building's historical one-bedroom dominance.

The dominant active layout at King Charlotte is the one-bedroom tier, holding one listing and a 50 percent share of current inventory. The one-bedroom suite asks $2,500 per month on 400 square feet at $6.25 per square foot, while the two-bedroom tier also holds one listing at 50 percent share, asking $3,350 per month on 763 square feet at $4.39 per square foot. Both tiers represent single-listing samples, so neither offers a comparative depth of options for renters shopping within the building.

King Charlotte's two active listings span a dollar spread of $850 per month, from a minimum entry rent of $2,500 to a peak asking rent of $3,350, representing a 34 percent spread. The median asking rent sits at $2,925 per month, splitting the range roughly in half. The entry-level one-bedroom at 400 square feet carries a rate of $6.25 per square foot, while the peak two-bedroom at 763 square feet is priced at $4.39 per square foot, meaning the larger suite delivers materially more floor area per dollar despite the higher monthly outlay.

King Charlotte does not currently have a quantified den premium or square-footage delta between den and non-den suites, as no paired listings exist to isolate that differential. Parking stall costs likewise cannot be reliably isolated from the two active listings, and no verified historical parking premium is available from the building's lease records. Renters should confirm any parking or den-related add-on fees directly with the leasing office before signing a lease.

King Charlotte's active asking rent of $2,925 per month and $5.32 per square foot both trail the Entertainment District submarket benchmarks of $3,542 per month and $5.53 per square foot. The building's per-square-foot rate runs 3.8 percent below the submarket asking average, indicating a modestly more competitive unit pricing position even though the nominal monthly rent is also lower. King Charlotte's two active listings represent roughly 1.3 percent of the 153 total active listings across the Entertainment District submarket, placing the building in a very small share of overall market supply.

King Charlotte's average closed-lease rent of $2,768 per month sits $63 above the four-comp average of $2,705, with individual spreads ranging from a $418 premium over The Charlotte to a $387 discount versus Charlie. Charlie at 8 Charlotte St averages $3,155 per month at $4.54 per square foot across 695 square feet, making it the highest-rent and largest-suite option in the set. M5V Condominiums at 375 King St W closes at $2,762 per month, $4.75 per square foot, and 632 square feet—nearly identical to King Charlotte's rent but on a larger footprint. Gläs at 25 Oxley St averages $2,552 per month at $4.23 per square foot over 619 square feet, and The Charlotte at 36 Charlotte St rents for $2,350 per month at $3.62 per square foot across 650 square feet, the most budget-friendly option in the cluster.

King Charlotte leases at $5.67 per square foot on an average 505-square-foot suite, a rate that commands a premium over every nearby competitor while delivering the smallest interior footprint in the comparison set. Against Charlie's $4.54 per square foot on 695 square feet, King Charlotte trades at a $1.13-per-square-foot premium (24.9% higher) for 190 fewer square feet of living space. Versus The Charlotte at $3.62 per square foot on 650 square feet, the subject's rate is $2.05 per square foot higher (56.6% premium) with 145 fewer square feet. Gläs offers $4.23 per square foot on 619 square feet, meaning King Charlotte's renter pays $1.44 more per square foot (34.0% premium) for 114 fewer square feet, and M5V Condominiums at $4.75 per square foot on 632 square feet shows a $0.92-per-square-foot premium (19.4%) with 127 fewer square feet at the subject. Renters choosing King Charlotte accept a compact, higher-rate-per-square-foot trade in exchange for a 2016-built building, a modern amenity deck, and the Entertainment District's walkability.

King Charlotte's amenity profile differentiates itself through an outdoor pool, dedicated car-share space, and a rooftop BBQ terrace—features absent from three of its four nearest competitors. The outdoor pool at King Charlotte is missing entirely from M5V Condominiums, Gläs, and The Charlotte, leaving only Charlie as a peer with the same offering. Car-share space is unique to King Charlotte in this cluster; none of the four comparables provide it. The rooftop BBQ area distinguishes King Charlotte from both Gläs and The Charlotte, neither of which offers outdoor grilling facilities. Additionally, the rooftop terrace at King Charlotte is absent from Gläs, which provides only a basic concierge, gym, party room, and meeting room. Together, these features serve young professionals and small households who prioritize walkable urban convenience, shared mobility through car-share access, and outdoor social spaces over the larger indoor recreation suites found at Charlie or M5V Condominiums.