Cheap Homes for Rent in Downtown Charleston Neighborhood of Charleston, SC from $1,200 (30 Rentals)

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

property at 146 Line St

$1,430 - $1,750

1 To 2 Bedroom Rentals

Available Now

146 Line St

CharlestonSC29403

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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property at 16 Cannon St

$1,800

1 Bedroom Rentals

Available Aug 5

16 Cannon St

CharlestonSC29403

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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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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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.

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property at 49 Chapel St

$2,100 - $2,200

2 Bedroom Rentals

Available Now

49 Chapel St

CharlestonSC29403
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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. 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
The MerchantAnsonStudio,1BA$1,570
Element 29A02Studio,1BA$1,596
CarolineS1Studio,1BA$1,645
The PorterS3Studio,1BA$1,724
35 Folly Apartments35F-11BR,1BA$1,756
Madison StationA11BR,1BA$1,759
Bee Street2 Bedroom2BR,2BA$1,800

Best Value Apartments for Rent in Downtown Charleston, SC

As of February 03, 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 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 Unit 21142 Victoria Rd2BR,1BA$2.08
15 Sires St, Unit B15 Sires St2BR,2BA$2.50
107 Hanover St, Unit A107 Hanover St2BR,2BA$2.78
59 Hanover St, Unit C59 Hanover St2BR,1BA$2.11
129 Congress St, Unit Downtown Charleston129 Congress St3BR,1BA$2.33
8 Hagood Ave, Unit 8b Hagood ave8 Hagood Ave1BR,1BA$2.00
655 East BayB22BR,1BA$2.67
1000 King Street1BR/1.0BA1BR,1BA$2.24
The Rumney01A1BR,1BA$2.43
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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Best Local Schools in
Downtown Charleston, Charleston, SC

School data provided by Great Schools

Frequently Asked Questions about Downtown Charleston

What type of rentals are currently available in Downtown Charleston?

There are currently 326 Apartments for Rent in Downtown Charleston, SC with pricing that ranges from $1,028 to $23,000. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Charleston ranging from $1,200 to $12,000.

What is the current price range for Rental Homes in Downtown Charleston?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Charleston ranges from $1,200 to $12,000 with an average monthly rent of $3,301.

How much are larger Three and Four Bedroom Rentals in Downtown Charleston?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Charleston range from $1,350 to $23,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,840 to $12,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,180.

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.