Cheap Homes for Rent in Downtown Charleston Neighborhood of Charleston, SC from $1,500 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Charleston area of Charleston.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 14 Lockwood Dr

14 Lockwood Dr

CharlestonSC29401

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 180 Line St

180 Line St

CharlestonSC29403

Charleston's Best Affordable Neighborhoods

Learn about Charleston and the best places to live with original content written by our Charleston, SC Local Expert Vickie Shivers

property at 37 America St

37 America St

CharlestonSC29403

Downtown Charleston, Charleston, SC Local Guide

Cheapest Available Downtown Charleston Apartments for Rent

 

The cheapest available apartment rental in the Downtown Charleston area of Charleston, SC is a Studio unit found at Element 29 priced from $1,695. 35 Folly Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,714. Here are the most affordable Downtown Charleston apartments for rent in Charleston, SC:

Apartment ListingModel NameBed/BathPriced From
Element 29A02Studio,1BA$1,695
35 Folly Apartments35F-11BR,1BA$1,714
The MerchantAnsonStudio,1BA$1,720
511 MeetingStudio KStudio,1BA$1,755
Sky Garden Apartments4 Bed 4 Bath B14BR,4BA$1,799

Best Value Apartments for Rent in Downtown Charleston, SC

As of May 12, 2025 the best value apartment in the Downtown Charleston area is the $3.65 price per square foot 3 Bedroom Model at Bridgeview Village in the in the North Central neighborhood starting from $3,750. The second greatest value Downtown Charleston apartment is the B1 Model at Element 29 starting at $2,884 with a $2.81 price per square foot in the North Central neighborhood. Here is today’s list of the best values for Downtown Charleston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bridgeview Village3 Bedroom3BR,2BA$3.65
Element 29B12BR,2BA$2.81
Meeting Street LoftsRavenel2BR,2BA$2.88
107 Hanover St, Unit D107 Hanover St2BR,2BA$2.78
Bee Street2 Bedroom2BR,2BA$2.80
Foundry PointA1A1BR,1BA$3.08
The CharleighS1AStudio ,1BA$3.92
35 Folly Apartments35F-11BR,1BA$3.25
511 MeetingStudio EStudio ,1BA$3.41
10 WestEdgeS1Studio ,1BA$4.17

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Downtown Charleston

What type of rentals are currently available in Downtown Charleston?

There are currently 303 Apartments for Rent in Downtown Charleston, SC with pricing that ranges from $1,280 to $15,095. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Charleston ranging from $1,546 to $11,000.

What is the current price range for Rental Homes in Downtown Charleston?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Charleston ranges from $1,546 to $11,000 with an average monthly rent of $3,596.

How much are larger Three and Four Bedroom Rentals in Downtown Charleston?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Charleston range from $1,430 to $15,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $11,000. Four Bedroom Single-Family rentals are also available starting from $3,249 and Four Bedroom Apartments start at $1,280.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Charleston

Written by: Vickie 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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.