Property Prices in Charleston, SC, United States

Index Info
Price to Income Ratio: 3.91
Mortgage as Percentage of Income: 35.46%
Loan Affordability Index: 2.82
Price to Rent Ratio - City Centre: 7.36
Price to Rent Ratio - Outside of Centre: 9.09
Gross Rental Yield (City Centre): 13.59%
Gross Rental Yield (Outside of Centre): 11.00%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,450.00 $ 2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,675.00 $ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,484.00 $ 2,720.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 2,680.00 $ 2,200.00-3,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 368.23 $ 256.97-999.99
Price per Square Feet to Buy Apartment Outside of Centre 293.23 $ 256.97-749.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,548.24 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.00-7.00

These data are based on 84 entries in the past 18 months from 26 different contributors.
Last update: January 2025

Sources and References
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