
Cheap Apartments for Rent in the Downtown Neighborhood of Charleston, SC from $800 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Charleston.


75 Society St

The Merchant

511 Meeting

655 East Bay

Atlantic on Romney

364 King St
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.

Morrison Yard

10 WestEdge

The Charleigh

The Jasper
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
Downtown, Charleston, SC Local Guide

How much does it cost to rent an apartment in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Studio Apartments | $2,610 | $1,650 | $7,102 |
Downtown 1 Bedroom Apartments | $3,470 | $1,762 | $10,000+ |
Downtown 2 Bedroom Apartments | $4,703 | $1,575 | $10,000+ |
Downtown 3 Bedroom Apartments | $4,977 | $1,520 | $10,000+ |
Downtown 4 Bedroom Apartments | $1,655 | $1,370 | $7,900 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Charleston, SC.
See all Apartments in CharlestonExplore Charleston
Downtown, Charleston, SC Local Guide
- Nearby Charleston neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of Charleston, SC is a Studio unit found at The Merchant priced from $1,690. Sky Garden Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,799. Here are the most affordable Downtown apartments for rent in Charleston, SC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Merchant | Chalmers | Studio,1BA | $1,690 |
Sky Garden Apartments | 4 Bed 4 Bath B1 | 4BR,4BA | $1,799 |
Foundry Point | A1A | 1BR,1BA | $1,843 |
511 Meeting | Studio E | Studio,1BA | $1,845 |
Atlantic on Romney | S1 | Studio,1BA | $1,875 |
Best Value Apartments for Rent in Downtown, SC
As of April 29, 2025 the best value apartment in the Downtown area is the $5.80 price per square foot PH Model at Legacy Patriots Point in the in the East Side neighborhood starting from $12,500. The second greatest value Downtown apartment is the 2P-T Model at The Guild starting at $5,592 with a $5.79 price per square foot in the North Central neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Legacy Patriots Point | PH | 2BR,2.5BA | $5.80 |
The Guild | 2P-T | 2BR,2BA | $5.79 |
Society at Ansonborough | A14 | 1BR,1.5BA | $5.21 |
The Merchant | Cooper | 1BR,1BA | $3.08 |
Morrison Yard | The Portico | Studio ,1BA | $3.76 |
Foundry Point | A1A | 1BR,1BA | $3.06 |
10 WestEdge | S3 | Studio ,1BA | $4.22 |
The Charleigh | S1A | Studio ,1BA | $3.92 |
511 Meeting | Studio E | Studio ,1BA | $3.51 |
Atlantic on Romney | A1-B | 1BR,1BA | $5.10 |
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.
Pet Friendly LifestyleDowntown, Charleston, SC
Ranked #21
Among neighborhoods in Charleston, SC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $2,360.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Foundry Point which is listed at $1,843, while the average apartment in Downtown costs $3,622.
What types of apartments are the cheapest in Downtown?
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 122 regular apartments in Downtown 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 Downtown?
Cheap apartments in Downtown have an average cost of $1,139 which is $2,483 cheaper than the average rent for all rentals in Downtown.
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.