Best Affordable Neighborhoods in Charleston, SC

Some of the cheapest neighborhoods in Charleston are West Ashley, North Central, and North Daniel Island. These neighborhoods offer some of the lowest rent prices in Charleston, making them ideal for renters on a budget. As of May 3, 2026, the average rent in Charleston is $1,851, which is 0.9% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

West Ashley

Average Rent

$1,798/Month

Year-Over-Year Rent Change

0.7%

Units Available

531 Rentals

West Ashley is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Ashley is $1,798 while the city average is $1,851. This is a -0.7% difference from last year. Residents enjoy convenient access to Parkway Plaza, West Ashley Circle Shopping Center, and Charles Towne Landing State Historic Site.

North Central

Average Rent

$1,998/Month

Units Available

36 Rentals

When you’re looking for a great Charleston neighborhood on a budget, check out North Central. The average rent is $1,998, compared to the city average of $1,851. North Central is convenient to Charleston School Of Law, Ansonborough Square, and South Carolina Aquarium.

North Daniel Island

Average Rent

$2,015/Month

Year-Over-Year Rent Change

1.6%

Units Available

184 Rentals

North Daniel Island offers affordable housing amid beautiful natural scenery and well-maintained public spaces. Residents can easily enjoy outdoor activities with its network of walking and biking trails. The neighborhood also features a variety of local shops and eateries for everyday needs.

Moreland

Average Rent

$2,069/Month

Units Available

24 Rentals

Moreland is an affordable neighborhood in Charleston with an average rent price of $2,069. Compare this to the city average of $1,851. Moreland provides easy access to Children's Museum of the Lowcountry, Tiedemann Park Nature Center, and Charleston School Of Law.

NOMO

Average Rent

$2,238/Month

Year-Over-Year Rent Change

1.2%

Units Available

90 Rentals

NOMO, short for North Morrison, is an up-and-coming neighborhood known for its trendy restaurants and breweries. Located less than three miles from downtown Charleston, it an affordable yet dynamic living experience. The area features modern apartments and convenient access to public transportation, making it a prime choice for those seeking an energetic lifestyle.

Byrness Downs

Average Rent

$2,339/Month

Units Available

25 Rentals

If you’re looking for a great, affordable neighborhood in Charleston, Byrness Downs might be the perfect place! It has an average rent price of $2,339, while the city’s average stands at $1,851. Byrness Downs is near McLeod Plantation Historic Site, Medical Univ. of S.C., and St. Andrews Center.

Wagener Terrace

Average Rent

$2,339/Month

Units Available

18 Rentals

Wagener Terrace, situated on Charleston’s upper peninsula, offers charming historic homes and easy access to Hampton Park. The area boasts a diverse mix of architectural styles and tree-lined streets, creating an appealing atmosphere. Proximity to downtown ensures residents can enjoy the city’s amenities without straying far from home.

Parkwood/Farmfield

Average Rent

$2,392/Month

Units Available

24 Rentals

Parkwood/Farmfield is a top choice for budget-conscious renters for a variety of reasons. The average rent in Parkwood/Farmfield is $2,392 while the city average is $1,851. Residents enjoy convenient access to Midway Plaza, Charles Towne Landing State Historic Site, and West Ashley Station.

Radcliffeborough

Average Rent

$2,417/Month

Year-Over-Year Rent Change

4.2%

Units Available

62 Rentals

Radcliffeborough offers budget-friendly rentals in a historic setting, surrounded by stunning architecture and lush greenery. Proximity to the College of Charleston and medical facilities adds to the convenience and enriches the neighborhood's culture. Local cafes and boutique shops provide ample opportunities for leisure activities.

Upper Peninsula

Average Rent

$2,419/Month

Year-Over-Year Rent Change

2.2%

Units Available

39 Rentals

Upper Peninsula offers affordable living options with a mix of residential and commercial spaces. Known for its flourishing food scene, this neighborhood provides diverse cuisine at pocket-friendly prices. Public transportation and bike lanes allow residents to choose how to get around town.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.