
Cheap Homes for Rent in the Downtown Neighborhood of Charleston, SC from $1,899 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Charleston.


3 Woolfe St, Unit B

259 E Bay St

192 E Bay St
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

6 Trapman St, Unit C

335 King St

100 Morris St

45 Drake St
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.

350 King St, Unit 204
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 | $3,810 | $2,400 | $5,150 |
| Downtown 3 Bedroom Homes for Rent | $4,755 | $2,450 | $7,200 |
| Downtown 4 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
| Downtown 5 Bedroom Homes for Rent | $6,950 | $6,950 | $6,950 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 2 Beds unit found at Yugo Charleston Campus priced from $1,499. 511 Meeting has the second lowest priced unit, which is a Studio apartment currently listed from $1,985. Here are the most affordable Downtown apartments for rent in Charleston, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo Charleston Campus | 2 Bed, 1 Bath Classic | 2BR,1BA | $1,499 |
| 511 Meeting | Studio C | Studio,1BA | $1,985 |
| 89 Fishburne St | 1 Bedroom | 1BR,1BA | $2,050 |
Best Value Apartments for Rent in Downtown, SC
As of September 01, 2026 the best value apartment in the Downtown area is the $2.13 price per square foot Manor Home Model at 655 East Bay in the in the North Central neighborhood starting from $5,499. The second greatest value Downtown apartment is the 159 Alexander St Model at 159 Alexander St, Unit 159 Alexander Apt. B starting at $4,500 with a $2.50 price per square foot in the North Central neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 655 East Bay | Manor Home | 3BR,2BA | $2.13 |
| 159 Alexander St, Unit 159 Alexander Apt. B | 159 Alexander St | 4BR,2BA | $2.50 |
| 16 Reid St | 16 Reid St | 3BR,1.5BA | $2.54 |
| 123 Coming St, Unit C | 123 Coming St | 3BR,1BA | $2.50 |
| Hoffler Place | D3 | 4BR,4BA | $1.41 |
| 19 Hampden Ct, Unit A | 19 Hampden Ct | 3BR,1BA | $2.25 |
| 119 Smith St, Unit 119 Smith St Unit 3 | 119 Smith St | 1BR,1BA | $2.31 |
| 89 Fishburne St | 1 Bedroom | 1BR,1BA | $3.42 |
| Yugo Charleston Campus | 2 Bed, 1 Bath Classic | 2BR,1BA | $2.54 |
| 511 Meeting | Studio C | Studio ,1BA | $3.54 |
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.
Pet Friendly LifestyleDowntown, Charleston, SC
Ranked #30
Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 224 Apartments for Rent in Downtown, SC with pricing that ranges from $1,235 to $23,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,899 to $7,200.
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 $1,899 to $7,200 with an average monthly rent of $3,804.
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 $1,455 to $23,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $7,200. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $1,265.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.