
Cheap Apartments for Rent in the Downtown Charleston Neighborhood of Charleston, SC from $800 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Charleston area of Charleston.


Total Monthly Price
7 Hanover St, Unit A

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119 Smith St, Unit 3

201 Spring St

197 Spring St

199 Spring St

201 Spring St

199 Spring St

Madison Station

Total Monthly Price
Laurel, A Collective
Charleston's Best Affordable Neighborhoods
Learn about Charleston and the best places to live with original content written by our Charleston, SC Local Expert Vicki Shivers

202 Ashley Ave, Unit B

Meeting Street Lofts

201 Spring St

The Merchant

The Rumney

199 Spring St

The Jasper

511 Meeting

Total Monthly Price
35 Folly Apartments

The Porter
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cormac

Element 29

98 Sans Souci St

89 Fishburne St

Total Monthly Price
Atlantic on Romney

Caroline

995 King St

Foundry Point

Total Monthly Price
10 WestEdge

279 Coming St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

6 Trapman St, Unit C

Morrison Yard

LC Line & Low

11 West St, Unit D

21 Carolina St

Williams Terrace- Independant Senior Living

The Abbey

Hampton West

Meeting Street Lofts - East Central

89 Fishburne St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

53 Cypress St

Bee Street

1093 King St

1000 King Street

145 Saint Philip St

75 Society St

54 Poplar St

7 Bee St

23 Archdale St

Cornerstone Apartment Homes
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.
Downtown Charleston, Charleston, SC Local Guide

How much does it cost to rent an apartment in Downtown Charleston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Charleston Studio Apartments | $2,397 | $1,085 | $4,536 |
| Downtown Charleston 1 Bedroom Apartments | $2,938 | $1,155 | $9,385 |
| Downtown Charleston 2 Bedroom Apartments | $4,168 | $1,377 | $10,000+ |
| Downtown Charleston 3 Bedroom Apartments | $7,830 | $1,259 | $10,000+ |
| Downtown Charleston 4 Bedroom Apartments | $1,838 | $1,199 | $8,000 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Downtown Charleston Neighborhood of Charleston, SC.
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Downtown Charleston, Charleston, SC Local Guide
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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 Laurel, A Collective priced from $1,673. Sky Garden Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,699. Here are the most affordable Downtown Charleston apartments for rent in Charleston, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Laurel, A Collective | S4.A | Studio,1BA | $1,673 |
| Sky Garden Apartments | 4 Bed 4 Bath B1 | 4BR,4BA | $1,699 |
| Meeting Street Lofts | Tobin | Studio,1BA | $1,961 |
| 89 Fishburne St | 1 Bedroom | 1BR,1BA | $2,050 |
| Atlantic on Romney | S1 | Studio,1BA | $2,073 |
| 930 NoMo | D1 | 1BR,1BA | $2,099 |
| 573 Meeting | STUDIO | 1BR,1BA | $2,121 |
| 35 Folly Apartments | 35F-R1 | 1BR,1BA | $2,155 |
| Cormac | A2 | 1BR,1BA | $2,176 |
Best Value Apartments for Rent in Downtown Charleston, SC
As of July 23, 2026 the best value apartment in the Downtown Charleston area is the $1.94 price per square foot Manor Home Model at 655 East Bay in the in the North Central neighborhood starting from $5,004. The second greatest value Downtown Charleston apartment is the Royal Gorge II Model at Meeting Street Lofts starting at $2,784 with a $2.34 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 655 East Bay | Manor Home | 3BR,2BA | $1.94 |
| Meeting Street Lofts | Royal Gorge II | 2BR,2BA | $2.34 |
| Hoffler Place | D3 | 4BR,4BA | $1.32 |
| Caroline | B2 | 2BR,2BA | $3.00 |
| 21 Hester St | 2 Beds, 1.5 Baths | 2BR,1.5BA | $3.25 |
| Cormac | A2 | 1BR,1BA | $2.95 |
| Element 29 | A10 | 1BR,1BA | $3.29 |
| 930 NoMo | D1 | 1BR,1BA | $3.20 |
| Foundry Point | A1B-E | 1BR,1BA | $3.40 |
| 7 Hanover St, Unit A | 7 Hanover St | 1BR,1BA | $3.33 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
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 $2,176.
What is the price of a cheap apartment in Downtown Charleston?
The cheapest apartment in Downtown Charleston is 89 Fishburne St which is listed at $2,050, while the average apartment in Downtown Charleston costs $5,245.
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 36 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 $744 which is $4,501 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

Top Student Friendly Neighborhoods to Rent Near Colleges in Charleston
Written by: Vicki Shivers
Hey, y’all, I'm Vicki, your ApartmentHomeLiving.com Local Expert for Charleston, SC. I also happen to be a native Charlestonian who attended the College of Charleston back in the day.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.