24 Cheap Apartments for rent in Charleston, SC

Last updated August 19 at 3:28am UTC
Aster Place
1840 Carriage Lane
Charleston, SC
Updated August 19 at 3:28am UTC
1 Bedroom
$850
2 Bedrooms
$1,050
3 Bedrooms
$1,250
Planters Trace
2222 Ashley River Rd
Charleston, SC
Updated August 19 at 3:28am UTC
1 Bedroom
$825
2 Bedrooms
$925
3 Bedrooms
$1,135
Oasis at West Ashley
1751 Dogwood Rd
Charleston, SC
Updated August 19 at 3:28am UTC
1 Bedroom
$920
2 Bedrooms
$954
3 Bedrooms
$1,215
2107 Rondo Street
Oak Land
Charleston, SC
Updated August 19 at 3:10am UTC
1 Bedroom
$750
516 Arlington Dr Apt B7
Oak Land
Charleston, SC
Updated August 16 at 10:13am UTC
1 Bedroom
$800
455 Deanna Lane
Charleston
Charleston, SC
Updated July 24 at 6:41am UTC
Studio
$750
5567 Evelyn Drive
North Charleston
North Charleston, SC
Updated August 10 at 10:33pm UTC
2 Bedrooms
$930
Results within 1 miles of Charleston, SC
1104 Greenmeadow Drive
Goose Creek
Goose Creek, SC
Updated August 19 at 3:10am UTC
2 Bedrooms
$925
606 Andrea Lane
Hanahan
Hanahan, SC
Updated August 18 at 9:40am UTC
2 Bedrooms
$900
613 Andrea Lane
Hanahan
Hanahan, SC
Updated August 15 at 11:23am UTC
2 Bedrooms
$915
Results within 5 miles of Charleston, SC
501 Andrea Lane
Hanahan
Hanahan, SC
Updated August 15 at 11:23am UTC
2 Bedrooms
$915
720 Old Back River Road
Goose Creek
Goose Creek, SC
Updated August 15 at 11:15am UTC
3 Bedrooms
$850
Results within 10 miles of Charleston, SC
127 Susan Drive
Summerville
Summerville, SC
Updated July 30 at 10:54pm UTC
3 Bedrooms
$900
1923 Fuller St
Charleston
Charleston, SC
Updated August 18 at 5:26pm UTC
1 Bedroom
$650
1482 Sumner Ave
Charleston
Charleston, SC
Updated August 3 at 1:18am UTC
2 Bedrooms
$750
1826 Leland St
North Charleston
North Charleston, SC
Updated August 17 at 5:16pm UTC
1 Bedroom
$800
5567 Evelyn Dr
North Charleston
North Charleston, SC
Updated August 11 at 5:16pm UTC
2 Bedrooms
$930
3410 Rivers Ave
North Charleston
North Charleston, SC
Updated August 15 at 5:24pm UTC
1 Bedroom
$800
1812 Grayson St
North Charleston
North Charleston, SC
Updated July 28 at 5:19pm UTC
3 Bedrooms
$800
339 Dorchester Manor Blvd
North Charleston
North Charleston, SC
Updated July 29 at 5:09pm UTC
2 Bedrooms
$875

August 2018 Charleston Rent Report

Welcome to the August 2018 Charleston Rent Report. Charleston rents declined 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 Charleston Rent Report
Rent Report
Charleston

August 2018 Charleston Rent Report

Welcome to the August 2018 Charleston Rent Report. Charleston rents declined 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 decline sharply over the past month

Charleston rents have declined 1.6% over the past month, but are up slightly by 1.7% in comparison to the same time last year. Currently, median rents in Charleston stand at $940 for a one-bedroom apartment and $1,130 for a two-bedroom. Charleston's year-over-year rent growth leads the state average of 1.4%, as well as the national average of 1.2%.

Rents rising across cities in South Carolina

Throughout the past year, rent increases have been occurring not just in the city of Charleston, but across the entire state. 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 1.4% 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 $1,600; of the 10 largest cities in the state that we have data for, Rock Hill, where a two-bedroom goes for $970, is the only major city to see rents fall year-over-year (-0.4%).
  • Greer, North Charleston, and Greenville have all experienced year-over-year growth above the state average (4.2%, 2.5%, and 2.3%, respectively).

Charleston rents more affordable than many large cities nationwide

As rents have increased slightly in Charleston, large cities nationwide have seen rents grow more quickly. Charleston is still more affordable than most large cities across the country.

  • Charleston's median two-bedroom rent of $1,130 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 1.7% rise in Charleston.
  • While Charleston's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.4%).
  • Renters will find more reasonable prices in Charleston than most large cities. For example, San Francisco has a median 2BR rent of $3,090, 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.