Cheap Apartments for Rent in the Downtown Charleston Neighborhood of Charleston, SC from $800 (29 Rentals)

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

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

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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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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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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. Sky Garden Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,479. Here are the most affordable Downtown Charleston apartments for rent in Charleston, SC:

Apartment ListingModel NameBed/BathPriced From
Archer School ApartmentsStudioStudio,1BA$1,028
Sky Garden Apartments4 Bed 4 Bath B14BR,4BA$1,479
Meeting Street LoftsRosemanStudio,1BA$1,509
Element 29A02Studio,1BA$1,596
Atlantic on RomneyS1Studio,1BA$1,725
35 Folly Apartments35F-11BR,1BA$1,756
511 MeetingStudio CStudio,1BA$1,760
The PorterS3Studio,1BA$1,799
Bee Street2 Bedroom2BR,2BA$1,800
1000 King Street2BR/1.0BA2BR,1BA$1,850

Best Value Apartments for Rent in Downtown Charleston, SC

As of January 23, 2026 the best value apartment in the Downtown Charleston area is the $2.08 price per square foot 1142 Victoria Rd Model at 1142 Victoria Rd, Unit 2 in the in the North Central neighborhood starting from $2,500. The second greatest value Downtown Charleston apartment is the 15 Sires St Model at 15 Sires St, Unit B starting at $2,500 with a $2.50 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.
1142 Victoria Rd, Unit 21142 Victoria Rd2BR,1BA$2.08
15 Sires St, Unit B15 Sires St2BR,2BA$2.50
59 Hanover St, Unit C59 Hanover St2BR,1BA$2.11
107 Hanover St, Unit A107 Hanover St2BR,2BA$2.78
129 Congress St, Unit Downtown Charleston129 Congress St3BR,1BA$2.33
655 East BayB22BR,1BA$2.67
1000 King Street2BR/1.0BA2BR,1BA$2.18
400 MeetingBeresford2BR,2BA$2.75
The Rumney01A1BR,1BA$2.49
Bee Street2 Bedroom2BR,2BA$2.80

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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 $1,850.

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 $3,146.

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 139 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 $965 which is $2,181 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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.