Charleston, SC Rental Market Trends
What is the average rent in Charleston?
The average rent for an apartment in Charleston is $1,990. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Charleston, SC
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,990 | 965 sq. ft. |
What is the average apartment size in Charleston?
The average size for a Charleston, SC apartment is 965 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Charleston, SC apartment rent ranges
Charleston, SC Occupied Housing Units
28,947 or 44% of the households in Charleston, SC are renter-occupied while 36,251 or 56% are owner-occupied.
Charleston, SC rent trends
Average Rent in Charleston, SC By Neighborhood
| City | Average Rent |
|---|---|
| South of Broad | $3,461 |
| Cannonborough - Elliottborough | $2,641 |
| Meeting St Manor - Cooper River Court | $2,641 |
| North Central Charleston | $2,641 |
| Silver Hill - Magnolia | $2,273 |
| Centerville - Camp Road Estates | $2,218 |
| Grimball - Signal Point | $2,218 |
| Woodland Shores - Pecan Grove | $2,218 |
| Daniel Island | $2,146 |
| Cherokee Hall - Sylvan Shores | $1,750 |
| Essex Farms - Carolina Bay | $1,750 |
| Forest Lakes - West Ashley Park | $1,750 |
| Mt Royall - Harrington Place | $1,750 |
| Pierpont | $1,750 |
| Air Harbor - Geddes Hall | $1,591 |
| Dupont Area - Orleans | $1,591 |
| Moreland - Avondale | $1,591 |
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What are the most affordable neighborhoods in Charleston?
The most affordable neighborhoods in Charleston are Air Harbor - Geddes Hall, where the average rent goes for $1,591/month, Dupont Area - Orleans, where renters pay $1,591/mo on average, and Moreland - Avondale, where the average rent goes for $1,591/mo. If you’re looking for other great deals, check out the listings from Cherokee Hall - Sylvan Shores ($1,750), Essex Farms - Carolina Bay ($1,750), and Forest Lakes - West Ashley Park ($1,750), where the asking prices are below the average Charleston rent of $1,990/mo.
What are the most expensive neighborhoods in Charleston?
The most expensive neighborhoods in Charleston are Meeting St Manor - Cooper River Court ($2,641), North Central Charleston ($2,641) and South of Broad ($3,461).
What are the most popular neighborhoods in Charleston?
The most popular neighborhood in Charleston is Meeting St Manor - Cooper River Court, where there are 2 listings with an average rent of $2,641. Next up is South of Broad, where apartments go for $3,461/month, followed by Air Harbor - Geddes Hall with $1,591 If you’re looking to rent in Charleston’s most popular neighborhoods, make sure to also check out Cannonborough - Elliottborough, where renters pay $2,641 on average, and Centerville - Camp Road Estates, where the average monthly rent is $2,218.
Charleston | Rent Comparison by Neighborhood
Rent in Air Harbor - Geddes Hall is 40% lower than in Cannonborough - Elliottborough
$1,591
Air Harbor - Geddes Hall rent is 20% lower than Charleston average
Average Rent
$1,591
$2,641
Cannonborough - Elliottborough rent is 33% higher than Charleston average
Average Rent
$2,641
How Charleston Compares to Other Cities
| State | Average Rent |
|---|---|
| Columbia | $1,390 |
| Charleston | $1,990 |
| Greenville | $1,410 |
| Rock Hill | $1,448 |
| Summerville | $1,590 |
| North Charleston | $1,578 |
| Clemson | $2,916 |
| Greenwood | $989 |
| Hardeeville | $1,748 |
| Myrtle Beach | $1,599 |
| Folly Beach | $2,218 |
What is the average price for a storage unit in Charleston?
The average rent for a non-climate-controlled 10'x10' storage unit in Charleston is $123.56. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Charleston
King Street Apartments
King Street Apartments, Charleston, SC 27519| 1 BED | $1,000 |
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100 East Bay Street
100 East Bay Street, Charleston, SC 29401| 1 BED | $2,000 |
| 2 BEDS | $2,000+ |
| 3 BEDS | $300+ |
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106 East Bay Street
106 East Bay Street, Charleston, SC 29401| 1 BED | $950 |
| 2 BEDS | $1,010 |
| 3 BEDS | $1,300 |