
Cheap Apartments for Rent in the Silver Hill Magnolia Neighborhood of Charleston, SC from $1,000 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silver Hill Magnolia area of Charleston.


Meeting Street Lofts

Element 29

60 Romney St

The Merchant

655 East Bay

The Rumney
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.

34 Morris St, Unit C

34 Morris St

The Porter

Foundry Point

Atlantic on Romney

511 Meeting

13 Norman St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cormac

1000 King Street

Madison Station

Caroline

33 Cannon St, Unit 402

59 Hanover St, Unit C

72 America St
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.

8 Line St, Unit E

59 Hanover St

The Abbey

Hampton West

Meeting Street Lofts - East Central

145S

2053 Marsia Ln
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Osprey Place
Silver Hill Magnolia, Charleston, SC Local Guide

How much does it cost to rent an apartment in Silver Hill Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Hill Magnolia Studio Apartments | $2,036 | $1,028 | $2,835 |
| Silver Hill Magnolia 1 Bedroom Apartments | $2,490 | $1,490 | $5,896 |
| Silver Hill Magnolia 2 Bedroom Apartments | $3,037 | $1,500 | $9,865 |
| Silver Hill Magnolia 3 Bedroom Apartments | $2,567 | $1,350 | $8,171 |
| Silver Hill Magnolia 4 Bedroom Apartments | $1,594 | $1,180 | $5,800 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Silver Hill Magnolia Neighborhood of Charleston, SC.
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Silver Hill Magnolia, Charleston, SC Local Guide
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Cheapest Available Silver Hill Magnolia Apartments for Rent
 The cheapest available apartment rental in the Silver Hill Magnolia area of Charleston, SC is a Studio unit found at Archer School Apartments priced from $1,028. Sky Garden Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,479. Here are the most affordable Silver Hill Magnolia apartments for rent in Charleston, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Archer School Apartments | Studio | Studio,1BA | $1,028 |
| Sky Garden Apartments | 4 Bed 4 Bath B1 | 4BR,4BA | $1,479 |
| Meeting Street Lofts | Roseman | Studio,1BA | $1,509 |
| Element 29 | A02 | Studio,1BA | $1,596 |
| The Merchant | Anson | Studio,1BA | $1,685 |
| The Porter | S3 | Studio,1BA | $1,724 |
| 511 Meeting | Studio C | Studio,1BA | $1,760 |
| 1000 King Street | 2BR/1.0BA | 2BR,1BA | $1,850 |
| Cormac | S1 | Studio,1BA | $1,869 |
| Caroline | A3 | 1BR,1BA | $1,880 |
Best Value Apartments for Rent in Silver Hill Magnolia, SC
As of January 26, 2026 the best value apartment in the Silver Hill Magnolia area is the $2.50 price per square foot 15 Sires St Model at 15 Sires St, Unit B in the in the North Central neighborhood starting from $2,500. The second greatest value Silver Hill Magnolia apartment is the 107 Hanover St Model at 107 Hanover St, Unit A starting at $2,500 with a $2.78 price per square foot in the North Central neighborhood. Here is today’s list of the best values for Silver Hill Magnolia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 15 Sires St, Unit B | 15 Sires St | 2BR,2BA | $2.50 |
| 107 Hanover St, Unit A | 107 Hanover St | 2BR,2BA | $2.78 |
| 59 Hanover St, Unit C | 59 Hanover St | 2BR,1BA | $2.11 |
| 129 Congress St, Unit Downtown Charleston | 129 Congress St | 3BR,1BA | $2.33 |
| 655 East Bay | B2 | 2BR,1BA | $2.67 |
| 1000 King Street | 2BR/1.0BA | 2BR,1BA | $2.18 |
| 400 Meeting | Beresford | 2BR,2BA | $2.75 |
| The Rumney | 01A | 1BR,1BA | $2.49 |
| 8 Line St, Unit E | 8 Line St | 1BR,1BA | $2.86 |
| The Porter | S3 | Studio ,1BA | $2.85 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
Best Local Schools in Silver Hill Magnolia, Charleston, SC
School data provided by Great Schools
Frequently Asked Questions about Cheap Silver Hill Magnolia Apartments
What is a cheap apartment in Silver Hill Magnolia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Silver Hill Magnolia is under $1,880.
What is the price of a cheap apartment in Silver Hill Magnolia?
The cheapest apartment in Silver Hill Magnolia is Archer School Apartments which is listed at $1,490, while the average apartment in Silver Hill Magnolia costs $2,818.
What types of apartments are the cheapest in Silver Hill Magnolia?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 124 regular apartments in Silver Hill Magnolia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Silver Hill Magnolia?
Cheap apartments in Silver Hill Magnolia have an average cost of $971 which is $1,847 cheaper than the average rent for all rentals in Silver Hill Magnolia.
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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.