Charleston, SC Rental Market
Charleston is one of the most in-demand rental markets in the Southeast, driven by a diversified economy spanning aerospace (Boeing), technology, healthcare, and a thriving tourism and hospitality sector. Strong population growth, a historic downtown, and consistent demand from young professionals and relocating families support steady rent appreciation.
Get a rent estimate for an address in CharlestonAverage Rent in Charleston, SC
$2,100
per month ยท 2026-06
Market Score
Key Facts โ Charleston, SC Rental Market
- Average rent in Charleston, SC:$2,100/mo
- Median rent:$1,950/mo
- Rent range:$800 โ $4,500/mo
- Most common rental (3 bedrooms):$2,350/mo
- Active listings:850
- Avg days to lease:28 days
- Year-over-year change:+4.2%
- Median home value:$425,000
- Est. gross annual yield:5.9%
- Data as of:2026-06
Rent by Bedroom in Charleston, SC
Average monthly rent for each bedroom type based on current active listings in Charleston.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,450/mo |
2 Bedrooms | $1,850/mo |
3 Bedrooms | $2,350/mo |
4 Bedrooms | $3,100/mo |
5 Bedrooms | $3,800/mo |
Charleston Rental Market Statistics
Key indicators from the current Charleston, SC rental market.
850
Available now in Charleston
28
From list to lease
$1.58
Average across listings
1,380 sq ft
Typical rental size
$800 โ $4,500
Min to max active listings
+4.2%
Avg rent vs. prior year
Investing in Charleston, SC Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$425,000
Typical purchase price in Charleston
Est. Gross Annual Yield
5.9%
Before expenses & vacancy
Avg Monthly Income
$2,100
At average market rent
Gross yield = (avg rent ร 12) รท median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Charleston for a full cash-flow breakdown including all costs.
Charleston, SC Rental Market FAQ
Common questions about renting and investing in Charleston, SC.
What is the average rent in Charleston, SC?
The average rent in Charleston, SC is $2,100 per month as of 2026. One-bedroom apartments average $1,450/mo, two-bedrooms average $1,850/mo, and three-bedroom homes average $2,350/mo. Rents vary significantly by neighborhood โ downtown and the peninsula command a premium over suburban areas.
Is Charleston, SC a good place to invest in rental property?
Charleston, SC offers strong fundamentals for long-term rental investors. With an estimated 5.9% gross annual yield and consistent 4%+ year-over-year rent growth, the market rewards patient investors. Major employers including Boeing, MUSC, and a growing tech sector provide a stable, diverse tenant base.
How competitive is the Charleston, SC rental market?
Charleston is a highly competitive rental market with over 850 active listings and an average of just 28 days on market. Properties in desirable neighborhoods near downtown, West Ashley, and Mount Pleasant move fastest and often receive multiple applicants.
What neighborhoods in Charleston, SC have the highest rents?
Downtown Charleston, the French Quarter, and South of Broad have the highest rents due to proximity to restaurants, the harbor, and historic attractions. Mount Pleasant and Daniel Island are the highest-rent suburban options, attracting families and professionals.
How have rents changed in Charleston, SC recently?
Rents in Charleston, SC have increased approximately 4.2% year-over-year. Rent growth has been supported by strong job creation in aerospace, tech, and healthcare, combined with limited housing supply relative to demand.
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