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Updated 34 minutes ago

NOVEL University Place by Crescent Communities


5315 Waters Edge Village Dr Charlotte, NC

Studio - 3 Bed
•
1 - 2 Bath

574 - 1,905 Sq. Ft.

Available Now
Deal

8 Weeks Free on Select Apartments!
Floor plans
Studio • 1 Bath
$1,683
654 ft2
1 Available
Unit 1508
$1,683
Available Now
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Studio • 1 Bath
$1,592
574 ft2
1 Available
Unit 3403
$1,592
Available Now
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Studio • 1 Bath
$1,499 - $1,529
614 ft2
2 Available
Unit 1307
$1,529
Available Now
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Unit 4307
$1,499
Available Jul 12th, 2025
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1 Bed • 1 Bath
$1,729 - $1,885
668 ft2
3 Available
Unit 1113
$1,729
Available Now
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Unit 4308
$1,849
Available Now
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Unit 3304
$1,885
Available Jul 22nd, 2025
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1 Bed • 1 Bath
$1,859 - $1,989
851 ft2
4 Available
Unit 1511
$1,989
Available Now
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Unit 3509
$1,909
Available Now
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Unit 3503
$1,909
Available Now
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Unit 2505
$1,859
Available Now
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1 Bed • 1 Bath
$1,954 - $1,984
763 ft2
3 Available
Unit 1512
$1,984
Available Now
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Unit 1415
$1,954
Available Now
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Unit 5310
$1,974
Available Now
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2 Beds • 2 Bath
$2,229 - $2,349
1276 ft2
4 Available
Unit 3101
$2,229
Available Now
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Unit 1317
$2,299
Available Now
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Unit 5317
$2,349
Available Now
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Unit 5120
$2,349
Available Now
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2 Beds • 2 Bath
$2,099
1061 ft2
1 Available
Unit 1303
$2,099
Available Sep 6th, 2025
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3 Beds • 2 Bath
$4,138
1905 ft2
2 Available
Unit 3201
$4,138
Available Now
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Unit 3201
$4,138
Available Aug 23rd, 2025
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Where you'll live
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NOVEL University Place by Crescent Communities
NOVEL University Place by Crescent Communities
NOVEL University Place by Crescent Communities
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Storage
Refrigerator
Garbage Disposal
Pool
Walk In Closets
Secured Entry
Dishwasher
Lounge Seating
Hammocks
Cabanas
Barbecue
24-hour Maintenance
High / Vaulted Ceiling
High-speed Internet
Cable-ready
Heat: Forced Air
Central A / C
Stainless Steel Appliances
Range / Oven
Microwave
Freezer
Pantry
Library
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Park
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.

Pet Fee: $350.0
Pet Rent: $25.0
Size Restrictions:

Bird up to 75 lbs. Cat up to 75 lbs. Dog up to 75 lbs.

Parking
Covered Parking
Surface Parking
Garage - Attached
Off-street Parking
Lease & Fees
Application Fee:

$0.00

Lease Length:

Available months 12,13,14,15

Security Deposit:

$250.00

Property details
Description

Imagine a place where you can truly feel at home. Where serene trails form natural boundaries around personal and professional opportunities, and vibrant social conveniences are just steps away in University City. Offering a diverse collection of cozy studios, carriage homes, and 1-, 2- and 3-bedroom floor plans with lake views and luxury finishes, NOVEL University Place has refined spaces to fit any lifestyle. Just a 4 minute drive from University of North Carolina at Charlotte, there's no missing class when you are this close!

Additional Details
Year Built: 2022
Total Unit Count: 311
Last Updated: Updated 34 minutes ago
Contact Number: (980) 246-4963
Office Hours
Sunday: 1:00 PM - 5:00 PM
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 10:00 AM - 5:00 PM
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Request a Tour Date

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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for NOVEL University Place by Crescent Communities by bedroom type below.
Studio
Suggested income:
$56,700
per year
1 Bedroom
Suggested income:
$68,500
per year
2 Bedroom
Suggested income:
$81,500
per year
3 Bedroom
Suggested income:
$149,000
per year
Rent report

NOVEL University Place by Crescent Communities Rent vs. Charlotte Average

 NOVEL University Place by Crescent Communities      Charlotte Average
Studio
$1,576
$1,343
$0
$550
$1,100
$1,650
$2,200
1BR
$1,904
$1,442
$0
$650
$1,300
$1,950
$2,600
2BR
$2,265
$1,865
$0
$750
$1,500
$2,250
$3,000
3BR
$4,138
$2,206
$0
$1,350
$2,700
$4,050
$5,400

NOVEL University Place by Crescent Communities is asking 17% more than the average studio apartment in Charlotte.

If you upsized to an average priced Charlotte 1 bedroom apartment, you would pay 7% more per month.

NOVEL University Place by Crescent Communities provides 29% more square footage than the average Charlotte studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
NOVEL University Place by Crescent Communities
Studio $1,576 $2.60 $4,727
1BR $1,904 $2.50 $5,712
2BR $2,265 $1.80 $6,795
3BR $4,138 $2.20 $12,414
Charlotte Average
Studio $1,343 $2.80 $4,030
1BR $1,442 $1.80 $4,326
2BR $1,865 $1.70 $5,595
3BR $2,206 $1.50 $6,619
4BR $2,541 $1.30 $7,624

Availability in Charlotte

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 2,238 1BR units on the market in Charlotte. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
11% 39% 35% 13% 2%
Available Units in Charlotte
Studio 604
1BR 2,238
2BR 1,975
3BR 737
4BR 110
Location
Nearby Colleges

Johnson And Wales University Charlotte

Central Piedmont Community College

Queens University Of Charlotte

University of North Carolina at Charlotte

Nearby Hospitals
Name Distance
Novant Health Prespyterian Medical Center 1.5 mi.
Novant Hospital Charlotte Orthopedic Hospital 1.58 mi.
Carolinas Medical Center 1.62 mi.
Nearby Fire Stations
Name Distance
Charlotte Fire Department 0.99 mi.
Steele Creek Volunteer Fire Department And Rescue Services 3.33 mi.
Charlotte Volunteer Fire Department 5.06 mi.
FAQs
Is this property currently leasing units?
Yes. There are 21 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 19 units available for move-in over the next 2 months. 17 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 574 to 1,905 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,499 to $4,138. NOVEL University Place by Crescent Communities has studio units available starting at $1,499, 1 bedroom units available starting at $1,729, 2 bedroom units available starting at $2,229, and 3 bedroom units available starting at $4,138.
Where is this property located?
This property is at 5315 Waters Edge Village Dr in Charlotte, NC. It's 0.5 miles northwest from the center of Charlotte.
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