Mount Pleasant, SC Rental Market
Mount Pleasant is the most affluent suburb of Charleston, consistently ranked among the best places to live in South Carolina. Strong schools, waterfront communities, and proximity to downtown Charleston via the Arthur Ravenel Jr. Bridge drive premium rents and attract high-income tenants. Home values are among the highest in the state, but the market offers steady appreciation.
Get a rent estimate for an address in Mount PleasantAverage Rent in Mount Pleasant, SC
$2,350
per month · 2026-06
Market Score
Key Facts — Mount Pleasant, SC Rental Market
- Average rent in Mount Pleasant, SC:$2,350/mo
- Median rent:$2,150/mo
- Rent range:$950 – $5,200/mo
- Most common rental (3 bedrooms):$2,650/mo
- Active listings:290
- Avg days to lease:24 days
- Year-over-year change:+5.1%
- Median home value:$520,000
- Est. gross annual yield:5.4%
- Data as of:2026-06
Rent by Bedroom in Mount Pleasant, SC
Average monthly rent for each bedroom type based on current active listings in Mount Pleasant.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,600/mo |
2 Bedrooms | $2,050/mo |
3 Bedrooms | $2,650/mo |
4 Bedrooms | $3,400/mo |
5 Bedrooms | $4,200/mo |
Mount Pleasant Rental Market Statistics
Key indicators from the current Mount Pleasant, SC rental market.
290
Available now in Mount Pleasant
24
From list to lease
$1.64
Average across listings
1,680 sq ft
Typical rental size
$950 – $5,200
Min to max active listings
+5.1%
Avg rent vs. prior year
Investing in Mount Pleasant, SC Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$520,000
Typical purchase price in Mount Pleasant
Est. Gross Annual Yield
5.4%
Before expenses & vacancy
Avg Monthly Income
$2,350
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Mount Pleasant for a full cash-flow breakdown including all costs.
Mount Pleasant, SC Rental Market FAQ
Common questions about renting and investing in Mount Pleasant, SC.
What is the average rent in Mount Pleasant, SC?
The average rent in Mount Pleasant, SC is $2,350 per month as of 2026. Two-bedroom units average $2,050/mo, three-bedroom homes average $2,650/mo, and four-bedroom homes average $3,400/mo. Mount Pleasant consistently has the highest rents in the Charleston metro area.
Is Mount Pleasant, SC a good place to invest in rental property?
Mount Pleasant offers a lower gross yield (~5.4%) than other SC markets due to high home prices, but investors benefit from strong tenant quality, low vacancy, and consistent appreciation. It suits investors who prioritize asset appreciation and stability over maximum cash yield.
How competitive is the Mount Pleasant, SC rental market?
Mount Pleasant is one of the most competitive rental markets in South Carolina, with an average of only 24 days on market and 290 active listings. Demand consistently outpaces supply due to the area's top-rated schools, safety, and community amenities.
What drives rental demand in Mount Pleasant, SC?
Mount Pleasant attracts high-income professionals, families with school-age children, and healthcare workers at MUSC and East Cooper Medical Center. Many tenants are pre-retirement or relocated executives who prefer renting while evaluating the area before purchasing.
How have rents changed in Mount Pleasant, SC recently?
Mount Pleasant has seen approximately 5.1% year-over-year rent growth — one of the highest in the Lowcountry — reflecting strong demand and constrained inventory in this desirable suburban market.
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