Cheap Homes for Rent in Downtown Charleston Neighborhood of Charleston, SC from $1,500 (22 Rentals)

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Search the lowest-cost Homes 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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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 995 King St

$2,100

2 Bedroom Rentals

Available Now

995 King St

CharlestonSC29403

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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Showing Results 1-22, Page 1 of 1

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
89 Fishburne St1 Bedroom1BR,1BA$2,050
930 NoMoD11BR,1BA$2,099

Best Value Apartments for Rent in Downtown Charleston, SC

As of June 21, 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 $4,999. The second greatest value Downtown Charleston apartment is the E7 Model at Hoffler Place starting at $1,299 with a $0.97 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.
655 East BayManor Home3BR,2BA$1.94
Hoffler PlaceE75BR,5BA$0.97
The Baker House1 Beds, 1.5 Baths1BR,1.5BA$2.44
21 Hester St2 Beds, 1.5 Baths2BR,1.5BA$3.25
787 Meeting St787 Meeting St2BR,1BA$3.50
Element 29A131BR,1BA$3.16
930 NoMoD11BR,1BA$3.20
Foundry PointA1A1BR,1BA$3.50
89 Fishburne St1 Bedroom1BR,1BA$3.42
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

Frequently Asked Questions about Downtown Charleston

What type of rentals are currently available in Downtown Charleston?

There are currently 306 Apartments for Rent in Downtown Charleston, SC with pricing that ranges from $1,028 to $23,000. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Charleston ranging from $1,550 to $8,500.

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 $1,550 to $8,500 with an average monthly rent of $4,244.

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 $1,259 to $23,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $8,500. Four Bedroom Single-Family rentals are also available starting from $4,400 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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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.