57 Cheap Apartments for rent in Mount Pleasant, SC

Last updated November 18 at 9:47am UTC
1866 Montclair Drive Unit C
Mount Pleasant
Mount Pleasant, SC
Updated November 7 at 11:59am UTC
2 Bedrooms
$1,250
264 Alexandra Drive
Mount Pleasant
Mount Pleasant, SC
Updated November 18 at 9:45am UTC
2 Bedrooms
$1,325
1300 Park West Boulevard
Park West
Mount Pleasant, SC
Updated November 18 at 9:47am UTC
1 Bedroom
$1,125
1300 Park W Blvd
Park West
Mount Pleasant, SC
Updated November 18 at 2:01am UTC
2 Bedrooms
$1,295
1833 Chatelain Way
Mount Pleasant
Mount Pleasant, SC
Updated November 16 at 12:25pm UTC
2 Bedrooms
$1,250
910 Sea Gull Drive
Mount Pleasant
Mount Pleasant, SC
Updated November 16 at 6:07pm UTC
2 Bedrooms
$1,120
1301 Basildon Road
Park West
Mount Pleasant, SC
Updated November 17 at 10:07am UTC
1 Bedroom
$1,250
1481 Center Street
Mount Pleasant
Mount Pleasant, SC
Updated November 17 at 2:06am UTC
1 Bedroom
$1,075
2500 Beaucastel Rd
Mount Pleasant
Mount Pleasant, SC
Updated November 16 at 12:22pm UTC
1 Bedroom
$1,100
130 River Landing Drive
Daniel Island
Charleston, SC
Updated November 18 at 9:46am UTC
1 Bedroom
$1,100
Results within 1 miles of Mount Pleasant, SC
2011 Us-17
Mount Pleasant
Mount Pleasant, SC
Updated September 9 at 11:04am UTC
1 Bedroom
$1,075
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November 2017 Mount Pleasant Rent Report

Welcome to the November 2017 Mount Pleasant Rent Report. Mount Pleasant rents increased over the past month. In this report, we'll evaluate trends in the Mount Pleasant rental market, including comparisons to similar cities nationwide.

View full Mount Pleasant Rent Report
Rent Report
Mount Pleasant

November 2017 Mount Pleasant Rent Report

Welcome to the November 2017 Mount Pleasant Rent Report. Mount Pleasant rents increased over the past month. In this report, we'll evaluate trends in the Mount Pleasant rental market, including comparisons to similar cities nationwide.

Mount Pleasant rents increased significantly over the past month

Mount Pleasant rents have increased 0.6% over the past month, and are up marginally by 0.6% in comparison to the same time last year. Currently, median rents in Mount Pleasant stand at $1,340 for a one-bedroom apartment and $1,600 for a two-bedroom. Mount Pleasant's year-over-year rent growth lags the state average of 2.4%, as well as the national average of 2.7%.

Many large cities nationwide show more affordable rents compared to Mount Pleasant

As rents have increased marginally in Mount Pleasant, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Mount Pleasant is less affordable for renters.

  • Mount Pleasant's median two-bedroom rent of $1,600 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.6% rise in Mount Pleasant.
  • While Mount Pleasant's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including Seattle (+4.2%), Phoenix (+4.1%), and Dallas (+2.6%).
  • Renters will generally find more expensive prices in Mount Pleasant than most large cities. For example, Detroit has a median 2BR rent of $890, where Mount Pleasant is more than one-and-a-half times that price.

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.