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Last updated July 27 2019 at 2:36 AM

121 3 Bedroom Apartments for rent in Charleston, SC

Last updated December 13 at 06:46pm
Wegener Terrace
1 Unit Available
134 Darlington Avenue
134 Darlington Avenue, Charleston, SC
3 Bedrooms
$3,400
1869 sqft
GREAT location! Home was built in 2000 with great closet space. Open floor plan with fireplace that opens to living area and kitchen. The living area has natural light and gas fireplace opens to kitchen as well.
Last updated December 13 at 06:46pm
1 Unit Available
2117 Virginia Oak Court
2117 Virginia Oak Court, Charleston, SC
3 Bedrooms
$3,500
2240 sqft
Short Term Furnished Rental. Beautifully decorated and includes all utilities. Open floor plan with high end features. Large living room with gas fireplace, built ins and coffered ceilings. Dining room with amazing views and access to the deck.

December 2019 Charleston Rent Report

Welcome to the December 2019 Charleston Rent Report. Charleston rents increased over the past month. In this report, we'll evaluate trends in the Charleston rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

December 2019 Charleston Rent Report

Welcome to the December 2019 Charleston Rent Report. Charleston rents increased over the past month. In this report, we'll evaluate trends in the Charleston rental market, including comparisons to cities throughout the state and nation.

Charleston rents increase sharply over the past month

Charleston rents have increased 0.7% over the past month, but have been relatively flat at 0.3% in comparison to the same time last year. Currently, median rents in Charleston stand at $953 for a one-bedroom apartment and $1,135 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Charleston's year-over-year rent growth lags the state average of 1.2%, as well as the national average of 1.4%.

    Rents rising across cities in South Carolina

    Throughout the past year, rents have remained steady in the city of Charleston, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in South Carolina, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.2% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Mount Pleasant is the most expensive of all South Carolina's major cities, with a median two-bedroom rent of $1,556; of the 10 largest cities in the state that we have data for, Mount Pleasant, is the only major city to see rents fall year-over-year (-3.0%).
    • Rock Hill, Greenville, and North Charleston have all experienced year-over-year growth above the state average (3.2%, 3.0%, and 2.5%, respectively).

    Charleston rents more affordable than many large cities nationwide

    Rent growth in Charleston has been relatively stable over the past year - some other large cities have seen more substantial increases. Charleston is still more affordable than most large cities across the country.

    • Charleston's median two-bedroom rent of $1,135 is below the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the stagnant growth in Charleston.
    • While rents in Charleston remained moderately stable this year, similar cities saw increases, including Phoenix (+3.9%), Dallas (+2.2%), and Seattle (+1.6%); note that median 2BR rents in these cities go for $1,098, $1,136, and $1,679 respectively.
    • Renters will find more reasonable prices in Charleston than most large cities. For example, San Francisco has a median 2BR rent of $3,101, which is more than two-and-a-half times the price in Charleston.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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