
Cheap Apartments for Rent in the Silver Hill Magnolia Neighborhood of Charleston, SC from $1,085 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silver Hill Magnolia area of Charleston.


Madison Station

The Merchant

23 Nassau St

655 East Bay

The Porter

2223 Odessa St

The Rumney

59 South 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

Element 29

511 Meeting

3 Woolfe St, Unit B

Total Monthly Price
Atlantic on Romney

Foundry Point

Cormac

Caroline

Total Monthly Price
19 Hampden Ct, Unit A

63 Reid St
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19 Hampden Ct

The Abbey

Hampton West

Meeting Street Lofts - East Central

1000 King Street

1093 King St

145 Saint Philip St

2218 Odessa St

995 King St
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54 Poplar St

89 Fishburne St

573 Meeting

23L

8 Orrs Ct

2053 Marsia Ln

1969 Beech Ave

Osprey Place

2041 Groveland Ave
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2010 Forest Ave
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 | $2,368 | $1,085 | $4,497 |
| Silver Hill Magnolia 1 Bedroom Apartments | $2,871 | $1,155 | $9,385 |
| Silver Hill Magnolia 2 Bedroom Apartments | $3,722 | $1,377 | $10,000+ |
| Silver Hill Magnolia 3 Bedroom Apartments | $3,310 | $1,309 | $5,999 |
| Silver Hill Magnolia 4 Bedroom Apartments | $1,301 | $1,209 | $1,596 |
Browse Apartments in this Neighborhood
There are currently 37 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 The Merchant priced from $1,589. Osprey Place has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,601. Here are the most affordable Silver Hill Magnolia apartments for rent in Charleston, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Merchant | Anson | Studio,1BA | $1,589 |
| Osprey Place | 3 Bedroom Large | 3BR,2BA | $1,601 |
| Element 29 | A02 | Studio,1BA | $1,853 |
| 511 Meeting | Studio C | Studio,1BA | $1,860 |
| Atlantic on Romney | S1 | Studio,1BA | $1,973 |
| Foundry Point | A1B-E | 1BR,1BA | $1,986 |
| Madison Station | A1 | 1BR,1BA | $1,999 |
| The Rumney | 01A | 1BR,1BA | $2,099 |
| 573 Meeting | STUDIO | 1BR,1BA | $2,121 |
Best Value Apartments for Rent in Silver Hill Magnolia, SC
As of September 12, 2026 the best value apartment in the Silver Hill Magnolia 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 655 East Bay | Manor Home | 3BR,2BA | $2.13 |
| 16 Reid St | 16 Reid St | 3BR,1.5BA | $2.54 |
| Hoffler Place | D3 | 4BR,4BA | $1.41 |
| Osprey Place | 3 Bedroom | 3BR,2BA | $1.45 |
| Caroline | B2 | 2BR,2BA | $2.82 |
| 19 Hampden Ct, Unit Unit A | 19 Hampden Ct | 3BR,1BA | $2.25 |
| 43 Rose Ln, Unit A | 43 Rose Ln | 2BR,1BA | $3.25 |
| The Rumney | 01A | 1BR,1BA | $2.75 |
| Cormac | A3 | 1BR,1BA | $3.04 |
| Element 29 | A02 | Studio ,1BA | $3.08 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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.
Best Local Schools in Silver Hill Magnolia, Charleston, SC
Sanders-Clyde Elementary School
James Simons Montessori School
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 $2,121.
What is the price of a cheap apartment in Silver Hill Magnolia?
The cheapest apartment in Silver Hill Magnolia is The Rumney which is listed at $1,849, while the average apartment in Silver Hill Magnolia costs $2,766.
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 36 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 $650 which is $2,116 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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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.