Cheap Apartments for Rent in the Downtown Charleston Neighborhood of Charleston, SC from $800 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Charleston area of Charleston.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 75 Society St

$1,699 - $1,999

Studio To 1 Bedroom Rentals

Available Now

75 Society St

CharlestonSC29401
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35 Folly Apartments
Rent Specials
$1,829 - $3,398
Total Monthly Price

Total Monthly Price

Base Rent
$1,829 - $3,398
Total Monthly Price
$1,829 - $3,398
Studio to 2 Bedroom Apartments Available Now

35 Folly Apartments

35 Folly Rd BlvdCharleston, SC 29407
Pet Friendly
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  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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688 King St, Unit A
$2,000
Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000
Studio Apartment Available Now

688 King St, Unit A

688 King StCharleston, SC 29403
Affordability
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Atlantic on Romney
Rent Specials
$2,043 - $3,813
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Total Monthly Price

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$2,043 - $3,813
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Varies
Studio to 2 Bedroom Apartments Available Now

Atlantic on Romney

55 Romney StCharleston, SC 29403
Corporate Housing
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The Guild
Rent Specials
$2,080 - $9,535
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$2,080 - $9,535
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Studio to 2 Bedroom Apartments Available Now

The Guild

128 Columbus StCharleston, SC 29403
Work From Home
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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10 WestEdge
Rent Specials
$2,161 - $7,282
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$2,161 - $7,282
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Studio to 2 Bedroom Apartments Available Now

10 WestEdge

10 Westedge StCharleston, SC 29403
Student Housing
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property at 350 King St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

350 King St, Unit 204

350 King St
CharlestonSC29401
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The Abbey
Studio to 3 Bedroom Apartments

The Abbey

2 Percy StCharleston, SC 29403
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Hampton West
Studio to 1 Bedroom Apartments

Hampton West

554 Rutledge AveCharleston, SC 29403
Senior Living
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Bee Street
2 Bedroom Apartments

Bee Street

40 Bee StCharleston, SC 29403
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Downtown Charleston, Charleston, SC Local Guide

Cheapest Available Downtown Charleston Apartments for Rent

 

The cheapest available apartment rental in the Downtown Charleston area of Charleston, SC is a Studio unit found at Archer School Apartments priced from $1,028. The Rumney has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,585. Here are the most affordable Downtown Charleston apartments for rent in Charleston, SC:

Apartment ListingModel NameBed/BathPriced From
Archer School ApartmentsStudioStudio,1BA$1,028
The Rumney021BR,1BA$1,585
Sky Garden Apartments4 Bed 4 Bath B14BR,4BA$1,699
Bee Street2 Bedroom2BR,2BA$1,800
Element 29A01Studio,1BA$1,810
511 MeetingStudio DStudio,1BA$2,030
89 Fishburne St1 Bedroom1BR,1BA$2,050
Foundry PointA1A1BR,1BA$2,073
930 NoMoD11BR,1BA$2,099

Best Value Apartments for Rent in Downtown Charleston, SC

As of June 08, 2026 the best value apartment in the Downtown Charleston area is the $1.11 price per square foot E7 Model at Hoffler Place in the in the North Central neighborhood starting from $1,500. The second greatest value Downtown Charleston apartment is the 17 Hampden Ct Model at 17 Hampden Ct, Unit C starting at $2,835 with a $2.58 price per square foot in the North Central neighborhood. Here is today’s list of the best values for Downtown Charleston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hoffler PlaceE75BR,5BA$1.11
17 Hampden Ct, Unit C17 Hampden Ct2BR,1.5BA$2.58
1000 King Street3BR/2.0BA3BR,2BA$2.45
Meeting Street LoftsBerkeley2BR,2BA$2.61
The Baker House1 Beds, 1.5 Baths1BR,1.5BA$2.49
21 Hester St2 Beds, 1.5 Baths2BR,1.5BA$3.25
930 NoMoD11BR,1BA$3.20
Bee Street2 Bedroom2BR,2BA$2.80
Element 29A01Studio ,1BA$3.21
The Rumney021BR,1BA$2.82

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Downtown Charleston, Charleston, SC

School data provided by Great Schools

Lifestyle Ratings

This website is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Charleston, South Carolina. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Charleston Apartments

What is a cheap apartment in Downtown Charleston?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Charleston is under $2,099.

What is the price of a cheap apartment in Downtown Charleston?

The cheapest apartment in Downtown Charleston is Archer School Apartments which is listed at $1,490, while the average apartment in Downtown Charleston costs $3,765.

What types of apartments are the cheapest in Downtown Charleston?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 58 regular apartments in Downtown Charleston that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Charleston?

Cheap apartments in Downtown Charleston have an average cost of $841 which is $2,924 cheaper than the average rent for all rentals in Downtown Charleston.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Charleston

Written by: Vicki Shivers

Hey, y’all, I'm Vicki, your ApartmentHomeLiving.com Local Expert for Charleston, SC. I’m proud to say I’m a native Charlestonian who loves Low Country living and the laid-back lifestyle of living on the SC coast.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.