Cheap Apartments for Rent in the Silver Hill Magnolia Neighborhood of Charleston, SC from $1,000 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Silver Hill Magnolia area of Charleston.

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

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Atlantic on Romney
$2,073 - $4,203
Total Monthly Price

Total Monthly Price

Base Rent
$2,073 - $4,203
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Atlantic on Romney

55 Romney StCharleston, SC 29403
Corporate Housing
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property at 995 King St

$2,100

2 Bedroom Rentals

Available Now

995 King St

CharlestonSC29403

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.

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property at 279 Coming St

$2,200 - $2,400

3 Bedroom Rentals

Available Now

279 Coming St

CharlestonSC29403
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The Abbey
Studio to 3 Bedroom Apartments

The Abbey

2 Percy StCharleston, SC 29403
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Hampton West
Studio to 1 Bedroom Apartments

Hampton West

554 Rutledge AveCharleston, SC 29403
Senior Living
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1000 King Street
1 to 3 Bedroom Apartments

1000 King Street

1000 King StCharleston, SC 29403
  • Utilities Included
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573 Meeting
1 to 2 Bedroom Apartments

573 Meeting

573 Meeting StCharleston, SC 29403

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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23L
2 to 4 Bedroom Apartments

23L

23-25 Line StCharleston, SC 29403
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Osprey Place
2 to 3 Bedroom Apartments

Osprey Place

2390 Baker Hospital BlvdNorth Charleston, SC 29405
  • Utilities Included

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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Showing Results 1-40, Page 1 of 1

Silver Hill Magnolia, Charleston, SC Local Guide

Cheapest Available Silver Hill Magnolia Apartments for Rent

 

The cheapest available apartment rental in the Silver Hill Magnolia area of Charleston, SC is a 3 Beds unit found at Osprey Place priced from $1,601. Laurel, A Collective has the second lowest priced unit, which is a Studio apartment currently listed from $1,673. Here are the most affordable Silver Hill Magnolia apartments for rent in Charleston, SC:

Apartment ListingModel NameBed/BathPriced From
Osprey Place3 Bedroom Large3BR,2BA$1,601
Laurel, A CollectiveS3.AStudio,1BA$1,673
89 Fishburne St1 Bedroom1BR,1BA$2,050
Atlantic on RomneyS1Studio,1BA$2,073
930 NoMoD11BR,1BA$2,099
573 MeetingSTUDIO1BR,1BA$2,121
Foundry PointA1B-E1BR,1BA$2,202
Element 29A91BR,1BA$2,235
LC Line & LowSTUDIO TYPE AStudio,1BA$2,290

Best Value Apartments for Rent in Silver Hill Magnolia, SC

As of July 29, 2026 the best value apartment in the Silver Hill Magnolia area is the $2.41 price per square foot B5 Model at Cormac in the in the West Ashley neighborhood starting from $3,212. The second greatest value Silver Hill Magnolia apartment is the 16 Reid St Model at 16 Reid St starting at $3,299 with a $2.54 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 ListingModel NameBed/BathPrice Per Sq.Ft.
CormacB52BR,2BA$2.41
16 Reid St16 Reid St3BR,1.5BA$2.54
Osprey Place3 Bedroom3BR,2BA$1.45
CarolineB22BR,2BA$2.99
Element 29A101BR,1BA$3.36
930 NoMoD11BR,1BA$3.20
Foundry PointA1B-E1BR,1BA$3.40
Morrison YardThe PorticoStudio ,1BA$3.65
89 Fishburne St1 Bedroom1BR,1BA$3.42
7 Hanover St, Unit A7 Hanover St1BR,1BA$3.33

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
Silver Hill Magnolia, Charleston, SC

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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 $2,290.

What is the price of a cheap apartment in Silver Hill Magnolia?

The cheapest apartment in Silver Hill Magnolia is 89 Fishburne St which is listed at $2,050, while the average apartment in Silver Hill Magnolia costs $3,431.

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 34 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 $682 which is $2,749 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

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Charleston article

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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.