Cheap Homes for Rent in Downtown Charleston Neighborhood of Charleston, SC from $1,500 (23 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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property at 8 Hagood Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

8 Hagood Ave

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 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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property at 14 Lockwood Dr

$2,500 - $2,550

2 Bedroom Rentals

Available Now

14 Lockwood Dr

CharlestonSC29401
Showing Results 1-23, 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. Meeting Street Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,637. Here are the most affordable Downtown Charleston apartments for rent in Charleston, SC:

Apartment ListingModel NameBed/BathPriced From
Archer School ApartmentsStudioStudio,1BA$1,028
Meeting Street LoftsDelaware1BR,1BA$1,637
Sky Garden Apartments4 Bed 4 Bath B14BR,4BA$1,699
Element 29A02Studio,1BA$1,724
The PorterS4Studio,1BA$1,731

Best Value Apartments for Rent in Downtown Charleston, SC

As of May 07, 2026 the best value apartment in the Downtown Charleston area is the $1.89 price per square foot 8 Hagood Ave Model at 8 Hagood Ave, Unit 8A Hagood ave in the in the West Ashley neighborhood starting from $1,700. The second greatest value Downtown Charleston apartment is the 2 Bed 2 Bath A Model at Sky Garden Apartments starting at $2,150 with a $2.44 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.
8 Hagood Ave, Unit 8A Hagood ave8 Hagood Ave1BR,1BA$1.89
Sky Garden Apartments2 Bed 2 Bath A2BR,2BA$2.44
511 Meeting1H1BR,1BA$3.36
930 NoMoD11BR,1BA$3.20
The MerchantCooper1BR,1BA$3.43
Bee Street2 Bedroom2BR,2BA$2.80
Madison StationA11BR,1BA$2.93
Element 29A02Studio ,1BA$2.86
Foundry PointA1A1BR,1BA$3.27
89 Fishburne St1 Bedroom1BR,1BA$3.42

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 317 Apartments for Rent in Downtown Charleston, SC with pricing that ranges from $1,028 to $23,000. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Charleston ranging from $1,533 to $13,000.

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 $1,533 to $13,000 with an average monthly rent of $4,344.

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 $1,840 to $13,000. Four Bedroom Single-Family rentals are also available starting from $5,000 and Four Bedroom Apartments start at $1,179.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.