
Cheap Homes for Rent in Downtown Neighborhood of Charleston, SC from $1,600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Charleston.


59 Hanover St, Unit A

64 Columbus St

89 Fishburne St

139 Alexander St

30 Chapel St
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.

350 King St

64.5 Columbus St

15 Sires St

39 America St, Unit B, Unit B

25 Chapel St

38 Cannon St
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.

93 Tradd St
Downtown, Charleston, SC Local Guide

How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $4,001 | $1,850 | $8,500 |
| Downtown 3 Bedroom Homes for Rent | $6,278 | $2,600 | $10,000+ |
| Downtown 4 Bedroom Homes for Rent | $6,124 | $5,000 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Charleston, SC.
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Downtown, Charleston, SC Local Guide
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Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of Charleston, SC is a 4 Beds unit found at Sky Garden Apartments priced from $1,699. Summit Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,970. Here are the most affordable Downtown apartments for rent in Charleston, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sky Garden Apartments | 4 Bed 4 Bath B1 | 4BR,4BA | $1,699 |
| Summit Place | Studio - S4 | Studio,1BA | $1,970 |
| 89 Fishburne St | 1 Bedroom | 1BR,1BA | $2,050 |
| 511 Meeting | 1H | 1BR,1BA | $2,060 |
| LC Line & Low | STUDIO TYPE A | Studio,1BA | $2,195 |
Best Value Apartments for Rent in Downtown, SC
As of April 16, 2026 the best value apartment in the Downtown area is the $2.80 price per square foot 15 Sires St Model at 15 Sires St in the in the North Central neighborhood starting from $2,800. The second greatest value Downtown 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 apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 15 Sires St | 15 Sires St | 2BR,2BA | $2.80 |
| Sky Garden Apartments | 2 Bed 2 Bath A | 2BR,2BA | $2.44 |
| Society at Laurens | A4 | 1BR,1BA | $4.88 |
| 655 East Bay | A1 | 1BR,1BA | $3.01 |
| 511 Meeting | 1F | 1BR,1BA | $3.28 |
| The Charleigh | A1B | 1BR,1BA | $3.98 |
| 89 Fishburne St | 1 Bedroom | 1BR,1BA | $3.42 |
| LC Line & Low | 1BR TYPE N | 1BR,1BA | $5.59 |
| 688 King St, Unit B1 | 688 King St | Studio ,1BA | $5.71 |
| Summit Place | Studio - S1 | Studio ,1BA | $5.69 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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.
Pet Friendly LifestyleDowntown, Charleston, SC
Ranked #32
Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 214 Apartments for Rent in Downtown, SC with pricing that ranges from $1,150 to $23,000. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,600 to $13,000.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,600 to $13,000 with an average monthly rent of $4,817.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,350 to $23,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $13,000. Four Bedroom Single-Family rentals are also available starting from $5,000 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

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.