
Cheap Homes for Rent in Silver Hill Magnolia Neighborhood of Charleston, SC from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Silver Hill Magnolia area of Charleston.


68 Nassau St

59 Hanover St, Unit A

1971 Beech Ave

195 Romney St

3 Woolfe St
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.

1093 King St

98 Sans Souci St

89 Fishburne St

138 Line St

995 King St

139 Alexander St
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.

64.5 Columbus St
Silver Hill Magnolia, Charleston, SC Local Guide

How much does it cost to rent a home in Silver Hill Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Hill Magnolia 2 Bedroom Homes for Rent | $2,742 | $1,300 | $4,200 |
| Silver Hill Magnolia 3 Bedroom Homes for Rent | $3,765 | $1,840 | $7,200 |
| Silver Hill Magnolia 4 Bedroom Homes for Rent | $3,431 | $2,900 | $4,100 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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. The Merchant has the second lowest priced unit, which is a Studio apartment currently listed from $1,529. 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 |
| The Merchant | Anson | Studio,1BA | $1,529 |
| Osprey Place | 3 Bedroom Large | 3BR,2BA | $1,601 |
| Sky Garden Apartments | 4 Bed 4 Bath B1 | 4BR,4BA | $1,699 |
| Element 29 | A02 | Studio,1BA | $1,706 |
Best Value Apartments for Rent in Silver Hill Magnolia, SC
As of April 27, 2026 the best value apartment in the Silver Hill Magnolia area is the $2.50 price per square foot 40 Poinsett St Model at 40 Poinsett St, Unit A in the in the West Ashley neighborhood starting from $5,000. The second greatest value Silver Hill Magnolia apartment is the 3 Bedroom Model at Osprey Place starting at $1,601 with a $1.45 price per square foot in the West Ashley 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. |
|---|---|---|---|
| 40 Poinsett St, Unit A | 40 Poinsett St | 4BR,3BA | $2.50 |
| Osprey Place | 3 Bedroom | 3BR,2BA | $1.45 |
| 15 Sires St | 15 Sires St | 2BR,2BA | $2.80 |
| 655 East Bay | B2 | 2BR,1BA | $2.67 |
| Sky Garden Apartments | 2 Bed 2 Bath A | 2BR,2BA | $2.44 |
| The Rumney | 01A | 1BR,1BA | $2.40 |
| Meeting Street Lofts | Woodburn II | 1BR,1BA | $2.65 |
| Element 29 | A02 | Studio ,1BA | $2.82 |
| The Porter | S3 | Studio ,1BA | $2.86 |
| Foundry Point | A1A | 1BR,1BA | $3.16 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Silver Hill Magnolia
What type of rentals are currently available in Silver Hill Magnolia?
There are currently 191 Apartments for Rent in Silver Hill Magnolia, SC with pricing that ranges from $1,028 to $9,885. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Hill Magnolia ranging from $1,300 to $7,200.
What is the current price range for Rental Homes in Silver Hill Magnolia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Hill Magnolia ranges from $1,300 to $7,200 with an average monthly rent of $3,264.
How much are larger Three and Four Bedroom Rentals in Silver Hill Magnolia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Silver Hill Magnolia range from $1,259 to $5,213, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,840 to $7,200. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $1,179.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.