Property Prices in Charleston, SC, United States

Index Info
Price to Income Ratio: 3.81
Mortgage as Percentage of Income: 34.50%
Loan Affordability Index: 2.90
Price to Rent Ratio - City Centre: 8.43
Price to Rent Ratio - Outside of Centre: 9.38
Gross Rental Yield (City Centre): 11.87%
Gross Rental Yield (Outside of Centre): 10.66%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,166.67 $ 1,800.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,550.00 $ 1,250.00-1,875.00
Apartment (3 bedrooms) in City Centre 4,320.00 $ 2,720.00-5,700.00
Apartment (3 bedrooms) Outside of Centre 2,650.00 $ 2,200.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 387.98 $ 256.97-649.99
Price per Square Feet to Buy Apartment Outside of Centre 287.98 $ 256.97-350.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,769.06 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.00-7.00

These data are based on 70 entries in the past 18 months from 17 different contributors.
Last update: April 2024

Sources and References
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