Cheap Homes for Rent in Silver Hill Magnolia Neighborhood of Charleston, SC from $1,300 (13 Rentals)

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Search the lowest-cost Homes 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.

property at 995 King St

$2,100

2 Bedroom Rentals

Available Now

995 King St

CharlestonSC29403

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.

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 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 ListingModel NameBed/BathPriced From
Archer School ApartmentsStudioStudio,1BA$1,028
The MerchantAnsonStudio,1BA$1,529
Osprey Place3 Bedroom Large3BR,2BA$1,601
Sky Garden Apartments4 Bed 4 Bath B14BR,4BA$1,699
Element 29A02Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
40 Poinsett St, Unit A40 Poinsett St4BR,3BA$2.50
Osprey Place3 Bedroom3BR,2BA$1.45
15 Sires St15 Sires St2BR,2BA$2.80
655 East BayB22BR,1BA$2.67
Sky Garden Apartments2 Bed 2 Bath A2BR,2BA$2.44
The Rumney01A1BR,1BA$2.40
Meeting Street LoftsWoodburn II1BR,1BA$2.65
Element 29A02Studio ,1BA$2.82
The PorterS3Studio ,1BA$2.86
Foundry PointA1A1BR,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.

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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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The 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.

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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.

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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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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

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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.

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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.

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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.

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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.