Cheap Apartments for Rent in the Silver Hill Magnolia Neighborhood of Charleston, SC from $1,000 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
688 King St, Unit A
$2,000
Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
Studio Apartment Available Now

688 King St, Unit A

688 King StCharleston, SC 29403
Affordability
  • Smoke Free
close
View Me
The Abbey
Studio to 3 Bedroom Apartments

The Abbey

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

Hampton West

554 Rutledge AveCharleston, SC 29403
Senior Living
  • Utilities Included

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.

Cash 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.

close
View Me
Osprey Place
2 to 3 Bedroom Apartments

Osprey Place

2390 Baker Hospital BlvdNorth Charleston, SC 29405
  • Utilities Included

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.

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 Studio unit found at Archer School Apartments priced from $1,028. The Rumney has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,585. Here are the most affordable Silver Hill Magnolia apartments for rent in Charleston, SC:

Apartment ListingModel NameBed/BathPriced From
Archer School ApartmentsStudioStudio,1BA$1,028
The Rumney021BR,1BA$1,585
Osprey Place3 Bedroom Large3BR,2BA$1,601
Sky Garden Apartments4 Bed 4 Bath B14BR,4BA$1,699
Element 29A02Studio,1BA$1,855
The PorterA111BR,1BA$1,965
511 MeetingStudio DStudio,1BA$2,020
89 Fishburne St1 Bedroom1BR,1BA$2,050
Foundry PointA1A1BR,1BA$2,090

Best Value Apartments for Rent in Silver Hill Magnolia, SC

As of June 14, 2026 the best value apartment in the Silver Hill Magnolia area is the $0.97 price per square foot E7 Model at Hoffler Place in the in the North Central neighborhood starting from $1,299. The second greatest value Silver Hill Magnolia apartment is the B11 Model at Atlantic on Romney starting at $3,508 with a $3.03 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.
Hoffler PlaceE75BR,5BA$0.97
Atlantic on RomneyB112BR,2BA$3.03
Osprey Place3 Bedroom3BR,2BA$1.45
17 Hampden Ct, Unit C17 Hampden Ct2BR,1.5BA$2.58
Meeting Street LoftsBerkeley2BR,2BA$2.44
21 Hester St2 Beds, 1.5 Baths2BR,1.5BA$3.25
Element 29A131BR,1BA$3.16
930 NoMoD11BR,1BA$3.20
The PorterA111BR,1BA$3.25
The Rumney021BR,1BA$2.82

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 $2,090.

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 $3,508.

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 46 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 $808 which is $2,700 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 A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Charleston article

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.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.