Charleston, South Carolina has the 18th highest rents in the United States

The Zumper National Rent Report has been released and Charleston, South Carolina stands as having the 18th highest rents in the nation.

Charleston, South Carolina Trends

• Year over year overall rents have grown by 2%
• 1-Bedroom rents have dropped month over month by 1.0% to $1,930
• 2-Bedroom rents have dropped month over month by 1.2% to $2,500

National trends from the recent report:

1. The Zumper National Rent Index reported a 0.1% monthly decline in median one-bedroom rent this March, settling at $1,524, while two-bedroom rent stayed flat at $1,905. On an annual basis, one and two-bedroom rents are up 2.5% and 3.1%, respectively.
2. San Francisco one-bedroom rent reached a nearly 5-year high, hitting $3,200, indicating the city’s ongoing recovery.
3. Other Bay Area cities down the Peninsula and in the South Bay are experiencing double digit annual rent price growth rates up to 32%.
4. Austin’s one-bedroom rent marked the 8th largest annual decline in the nation, driven by supply and shifting population trends.

Top Risers and Drops in Rent Price

Breakdown by city/location

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