Most Affordable Neighborhoods in Charleston, SC
Some of the cheapest neighborhoods in Charleston are Grand Bees, Magnolia Lakes, and Forest Lakes. These neighborhoods offer some of the lowest rent prices in Charleston, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Charleston is $1,812, which is 1% higher 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.
Grand Bees
Average Rent
$1,567/Month
Units Available
11 Rentals
Grand Bees is a top choice for budget-conscious renters for a variety of reasons. The average rent in Grand Bees is $1,567 while the city average is $1,812. Residents enjoy convenient access to Magnolia Plantation and Gardens, West Ashley Circle Shopping Center, and Hunt Club Village.
Magnolia Lakes
Average Rent
$1,567/Month
Units Available
11 Rentals
When you’re looking for a great Charleston neighborhood on a budget, check out Magnolia Lakes. The average rent is $1,567, compared to the city average of $1,812. Magnolia Lakes is convenient to Medical Univ. of S.C., The Citadel, and Charleston AFB/International.
Forest Lakes
Average Rent
$1,604/Month
Units Available
20 Rentals
Forest Lakes is an affordable neighborhood in Charleston with an average rent price of $1,604. Compare this to the city average of $1,812. Forest Lakes provides easy access to Ashley Crossing, Magnolia Plantation and Gardens, and Trident Tech., Palmer.
Indigo Ridge
Average Rent
$1,656/Month
Units Available
18 Rentals
If you’re looking for a great, affordable neighborhood in Charleston, Indigo Ridge might be the perfect place! It has an average rent price of $1,656, while the city’s average stands at $1,812. Indigo Ridge is near Colonial Dorchester State Historic Site, The Citadel, and Magnolia Plantation and Gardens.
Boltons Landing
Average Rent
$1,664/Month
TransitScore® Rating
0/100
Units Available
33 Rentals
Boltons Landing is a top choice for budget-conscious renters for a variety of reasons. The average rent in Boltons Landing is $1,664 while the city average is $1,812. Residents enjoy convenient access to Main Road Plaza, Charles Towne Landing State Historic Site, and West Ashley Place. The neighborhood is considered car-dependent with a WalkScore® of 5.
Old Towne Acres
Average Rent
$1,668/Month
TransitScore® Rating
24/100
Units Available
10 Rentals
When you’re looking for a great Charleston neighborhood on a budget, check out Old Towne Acres. The average rent is $1,668, compared to the city average of $1,812. Old Towne Acres is convenient to Tiedemann Park Nature Center, Wespanee Shopping Center, and The Citadel. The community is somewhat walkable with a WalkScore® of 56.
Tidewater at Carolina Bay
Average Rent
$1,693/Month
Units Available
18 Rentals
Tidewater at Carolina Bay is an affordable neighborhood in Charleston with an average rent price of $1,693. Compare this to the city average of $1,812. Tidewater at Carolina Bay provides easy access to McLeod Plantation Historic Site, Southern Wesleyan, Charleston, and The Citadel.
Croghan Landing
Average Rent
$1,693/Month
Units Available
18 Rentals
If you’re looking for a great, affordable neighborhood in Charleston, Croghan Landing might be the perfect place! It has an average rent price of $1,693, while the city’s average stands at $1,812. Croghan Landing is near College of Charleston, Medical Univ. of S.C., and Southern Wesleyan, Charleston.
The Ponderosa
Average Rent
$1,735/Month
Units Available
30 Rentals
The Ponderosa is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Ponderosa is $1,735 while the city average is $1,812. Residents enjoy convenient access to Hunt Club Village, Main Road Plaza, and James Island County Park.
Orleans Woods
Average Rent
$1,836/Month
TransitScore® Rating
34/100
Units Available
23 Rentals
When you’re looking for a great Charleston neighborhood on a budget, check out Orleans Woods. The average rent is $1,836, compared to the city average of $1,812. Orleans Woods is convenient to McLeod Plantation Historic Site, Southern Wesleyan, Charleston, and The Citadel. The community is car-dependent with a WalkScore® of 47.
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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.