Novel University Place

📍 5315 Waters Edge Village Drive, Charlotte, NC 28262

📋 Property Overview

In University City South, Charlotte, North Carolina, this home offers Studio - 3 bd and 1 ba. It measures 574 sq ft. Monthly rent ranges $1,180-$2,840. The unit features granite counters, ice maker, stainless steel and in unit laundry. The building offers package receiving, 24hr maintenance, pet friendly and pool. Pets are allowed (dogs, birds and cats), with pet rent of $25. Parking on site includes surface lot. The standard lease term is 12 months. Availability: Available now. With a Walk Score of 62, some errands can be done on foot. Transit Score is 48. That is 19% below the local median of $1,450.

🚶 Getting Around

• Walk Score62/100

  Somewhat Walkable

• Transit Score48/100

  Some Transit

💵 Costs & Lease

Lease length

12 months

Units available

33 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• A1m11 bd · 1 ba · 653 sq ftNone available right now
• S2Studio · 1 ba · 653 sq ft$1,3502 units available
• A11 bd · 1 ba · 668 sq ft$1,1804 units available
• A31 bd · 1 ba · 900 sq ftNone available right now
• B12 bd · 2 ba · 1,061 sq ft$1,8904 units available
• B22 bd · 2 ba · 1,276 sq ft$2,0254 units available
• C13 bd · 2 ba · 1,426 sq ft$2,4454 units available
• S1m1Studio · 1 ba · 579 sq ftNone available right now
• S1m2Studio · 1 ba · 614 sq ftNone available right now
• S1m3Studio · 1 ba · 654 sq ftNone available right now
• A1m21 bd · 1 ba · 767 sq ftNone available right now
• A2 Type A1 bd · 1 ba · 763 sq ftNone available right now

🧾 Move-in Costs & Lease

Other fees

Total monthly leasing prices include base rent, all mandatory monthly fees and any user-selected optional fees. Excludes variable or usage-based fees and required charges due at or prior to move-in or at move-out.

Lease length

12 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what North Carolina renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 625,767 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Birds, Cats, Dogs

Pet rent

$25

Limit

2 pets

Restrictions

We welcome 2 pets per apartment home. There is a $350 non-refundable pet fee for the first pet and $100 for the second. Pet rent is $25 per month. There is a weight limit of 75 pounds per pet, and aggressive breeds are prohibited.

✨ Features & Details

• Pet Friendly
• In unit laundry
• Patio / balcony
• Granite counters
• Hardwood floors
• Dishwasher
• Air conditioning
• Extra storage
• Fireplace
• Microwave
• Stainless steel
• Refrigerator
• Oven
• Ice maker
• Range
• Walk in closets
• Dogs allowed
• Business center
• Conference room
• Clubhouse
• Coffee bar
• Community garden
• Courtyard
• Dog park
• Elevator
• Fire pit
• 24hr gym
• Game room
• Pool
• Bbq/grill
• Bike storage
• Hot tub
• Internet access
• Package receiving
• Cats allowed
• On-site laundry
• 24hr maintenance
• Parking
• Online portal
• New construction
• Smoke-free community
• Guest parking
• Lobby
• 653 sq ft
• 668 sq ft
• 1061 sq ft
• 1276 sq ft
• 1426 sq ft
• 574 sq ft
• 654 sq ft
• 614 sq ft
• 579 sq ft
• 851 sq ft
• 923 sq ft
• 763 sq ft
• 1905 sq ft
• 1255 sq ft

📊 Property Facts

Walk Score

62 · Somewhat Walkable

Transit Score

48 · Some Transit

🚗 Parking

• Surface lot

🎓 Nearby Schools

• Corvian Community School · K-86/10 · 0.8 mi
• James Martin Middle · 6-82/10 · 1.2 mi
• Zebulon B Vance High · 9-122/10 · 1.3 mi
• Queen City STEM School · K-85/10 · 1.6 mi
• Nathaniel Alexander Elementary · PK-53/10 · 1.6 mi
• John Motley Morehead · K-82/10 · 1.8 mi
• Newell Elementary · K-54/10 · 1.8 mi
• Mallard Creek · K-54/10 · 2.1 mi
• University Meadows Elementary · PK-54/10 · 2.1 mi
• Bradford Preparatory School · K-107/10 · 2.9 mi

🏡 Floor Plans

5309

653 sq ft · 12 mo

Available now

$1,350

3109

653 sq ft · 12 mo

Oct 4, 2026

$1,380

2305

668 sq ft · 12 mo

Oct 1, 2026

$1,180

3105

668 sq ft · 12 mo

Available now

$1,180

2118

668 sq ft · 12 mo

Available now

$1,245

4313

668 sq ft · 12 mo

Available now

$1,245