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RentData.org Logo Charleston-North Charleston Fair Market Rent FY 2008 Charleston-North Charleston, SC MSA Rental Data

Fair Market Rent Prices in Charleston-North Charleston, SC :
$657 $728 $823 $1,072 $1,248
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Charleston-North Charleston are very high compared to the national average. This FMR area is more expensive than 93% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Charleston-North Charleston is $823 per month.

The previous year, rent for a two-bedroom home was $690 per month. This is a 19.28% increase year-over-year.

This FMR rate applies to Russellville, SC, Grover, SC, Cordesville, SC, Pinopolis, SC, Jamestown, SC, Reevesville, SC, Charleston Afb, SC, Pineville, SC, Adams Run, SC, Sullivans Island, SC and other cities within the region. The Metro Code or CBSA code for this region is METRO16700M16700.

Additionally, This Fair Market Rent (FMR) area Charleston-North Charleston, SC MSA spans three counties or cities in South Carolina which ares listed in the table below. Estimated population of Charleston-North Charleston, SC MSA FMR area is 549,033 people based on latest Census data.

Compared to the rest of South Carolina, the Charleston-North Charleston FMR area is more expensive than 100% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Charleston-North Charleston. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Charleston-North Charleston

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 715
1-BR 1-Bedroom $ 791
2-BR 2-Bedroom $ 883
3-BR 3-Bedroom $ 1163
4-BR 4-Bedroom $ 1351
Change Year:

The counties, cities, towns, and regions listed below fall into the Charleston-North Charleston, SC MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Columbia, Sc and Charleston, Sc.

County / Region Est. Population
Berkeley County, SC Metro 142,651
Charleston County, SC Metro 309,969
Dorchester County, SC Metro 96,413
Zip Codes in Charleston-North Charleston, SC MSA

There are 60 unique zip codes in this Fair Market Rent (FMR) area:

29018, 29059, 29401, 29402, 29403, 29404, 29405, 29406, 29407, 29409, 29410, 29412, 29413, 29414, 29415, 29416, 29417, 29418, 29419, 29420, 29422, 29423, 29424, 29425, 29426, 29429, 29431, 29434, 29436, 29437, 29438, 29439, 29445, 29447, 29448, 29449, 29450, 29451, 29453, 29455, 29456, 29457, 29458, 29461, 29464, 29465, 29466, 29468, 29469, 29470, 29471, 29472, 29476, 29479, 29482, 29483, 29484, 29485, 29487 and 29492

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