Charleston, SC is a town rich in history and heritage. It is not only the oldest city in South Carolina but it is also the second largest city in the state. This town in nestled in the Charleston Harbor and calls Charleston County its home. Charleston was founded in 1670 but didn't get its current name until around 1783. Charleston is known for its southern charm as well as a town rich in architecture. Travel and leisure magazine names Charleston the "friendliest city" in 2011 and was also named "the most polite and hospitable city in America" by Southern Living Magazine.
Charleston being a historically rich city does have a tendency to get packed when it comes to population. In addition there are numerous people every year who are moving to this truly remarkable town. That means that you want get your application in as soon as you can. Competition for apartments in this city is extremely high.
Finding an apartment can be hard, especially when there are so many choices. Adding a filter can help narrow your search. With our Quick Filters below, you can search by a price and amenities. After following one of these links, be sure to check out the advanced search filters and then sign up for an Email Alert so you can receive new listings that match your needs.
Charleston landlords are very picky and they have the right to be. This town is known for its local heritage and its southern hospitality and landlords want to keep that appearance up. Therefore make sure our application stands out in the crowd. You want impeccable references as be sure to provide proof of income up front to save time.
Charleston has an array of transportation methods for those who don't have a vehicle of their own. Public transportation includes city buses, trolleys as well as mini-buses. It is however highly advised that resident have their own private transportation to save themselves time. Charleston is a city that is spread out so unless you just want to remain downtown, your own transportation is recommended.
Charleston is a town that is full of things to do. The nightlife is Charleston is eclectic. So there is literally a bar or club for every taste. In addition you can find a wide variety of live entertainment going on. With a rich history there are museums, old forts and an array of water activities available.
Welcome to the July 2020 Charleston Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the July 2020 key findings and figures for the Charleston rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Charleston and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Charleston rent prices in the chart below.
Charleston rent prices decreased over the last month. From June to July, the city experienced a -6.89% decrease for the price of a one-bedroom apartment. The rent price for a Charleston one-bedroom apartments currently stands at $1,513.0.
When we take a look at the two-bedroom comparison from June to July, Charleston experienced a -5.12% decrease for the price of a two-bedroom apartment. The rent price for a Charleston two-bedroom apartments currently stands at $1,611.0.
Rent prices have decreased in Charleston over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Charleston suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in North Charleston, SC, Ladson, SC, Hanahan, SC .
Rent decreased in Summerville, SC, Mount Pleasant, SC, Mt Pleasant, SC.
6 suburbs are currently priced lower than the city of Charleston.
Rent growth in Charleston over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Charleston rent prices appear to be relatively affordable for local residents.
The price for a Charleston one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
You can view the full rundown of ABODO's July 2020 National Apartment Report and data set here.
For more information about Charleston and surrounding area rent prices, take a look at the complete data set below.
|1 BR July||1 BR M/M % Change||2 BR July||2 BR M/M % Change|
|Mount Pleasant, SC||$1,349.0||0.00%||$1,649.0||0.00%|
|Mt Pleasant, SC||$1,334.0||-0.97%||$1,641.0||0.31%|
|North Charleston, SC||$973.0||2.96%||$1,097.0||2.52%|
Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.