Cheap Homes for Rent in Downtown Neighborhood of Charleston, SC from $1,500 (7 Rentals)

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

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.

property at 37 America St

37 America St

CharlestonSC29403

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.

Downtown, Charleston, SC Local Guide

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 $1,674. The Merchant has the second lowest priced unit, which is a Studio apartment currently listed from $1,680. Here are the most affordable Downtown apartments for rent in Charleston, SC:

Apartment ListingModel NameBed/BathPriced From
Sky Garden Apartments4 Bed 4 Bath B14BR,4BA$1,674
The MerchantChalmersStudio,1BA$1,680
511 MeetingStudio KStudio,1BA$1,725

Best Value Apartments for Rent in Downtown, SC

As of June 01, 2025 the best value apartment in the Downtown area is the $5.29 price per square foot PH6 Model at Society at Laurens in the in the North Central neighborhood starting from $14,495. The second greatest value Downtown apartment is the PH Model at Legacy Patriots Point starting at $15,000 with a $6.96 price per square foot in the East Side neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Society at LaurensPH63BR,2.5BA$5.29
Legacy Patriots PointPH2BR,2.5BA$6.96
145S4BR/2.0BA4BR,2BA$3.76
The Guild2P-T2BR,2BA$5.28
Morrison YardThe Morrison1BR,1BA$6.67
The MerchantCooper1BR,1BA$3.42
10 WestEdgeS4Studio ,1BA$3.87
511 MeetingStudio EStudio ,1BA$3.36
Atlantic on RomneyA1-B1BR,1BA$5.05
Summit PlaceStudio - S1Studio ,1BA$6.73

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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Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 212 Apartments for Rent in Downtown, SC with pricing that ranges from $1,280 to $15,056. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,500 to $10,000.

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 $1,500 to $10,000 with an average monthly rent of $4,017.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.