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RentData.org Logo Charleston-North Charleston Fair Market Rent FY 2022 Charleston-North Charleston, SC MSA Rental Data

Fair Market Rent Prices in Charleston-North Charleston, SC :
$1,183 $1,204 $1,372 $1,721 $2,206
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 96% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Charleston-North Charleston is $1,372 per month.

The previous year, rent for a two-bedroom home was $1,207 per month. This is a 13.67% increase year-over-year.

This FMR rate applies to Cordesville, SC, Russellville, SC, Pinopolis, SC, Jamestown, SC, Pineville, SC, Huger, SC, Cross, SC, Holly Hill, SC, Bonneau, SC, Saint Stephen, 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 one county or city in South Carolina which is listed in the table below. Estimated population of Charleston-North Charleston, SC MSA FMR area is 204,630 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 $ 1295
1-BR 1-Bedroom $ 1318
2-BR 2-Bedroom $ 1502
3-BR 3-Bedroom $ 1884
4-BR 4-Bedroom $ 2415
Change Year:

There is just one county (listed below) within the Charleston-North Charleston, SC MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Columbia, Sc and Charleston, Sc.

County / Region Est. Population
Charleston-North Charleston, SC Metro 204,630
Zip Codes in Charleston-North Charleston, SC MSA

There are 19 unique zip codes in this Fair Market Rent (FMR) area:

29059, 29406, 29410, 29431, 29434, 29436, 29445, 29450, 29453, 29456, 29461, 29466, 29468, 29469, 29472, 29476, 29479, 29483 and 29492

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