Property Prices in Charleston, SC, United States

Index Info
Price to Income Ratio: 4.92
Mortgage as Percentage of Income: 34.49%
Loan Affordability Index: 2.90
Price to Rent Ratio - City Centre: 14.12
Price to Rent Ratio - Outside of Centre: 9.24
Gross Rental Yield (City Centre): 7.08%
Gross Rental Yield (Outside of Centre): 10.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,795.24 $ 1,500.00-2,159.50
Apartment (1 bedroom) Outside of Centre 1,372.60 $ 1,100.00-1,960.60
Apartment (3 bedrooms) in City Centre 2,776.92 $ 2,500.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,793.75 $ 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 481.32 $ 350.00-575.22
Price per Square Feet to Buy Apartment Outside of Centre 225.41 $ 192.22-250.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,863.14 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 3.00-4.00

These data are based on 167 entries in the past 18 months from 31 different contributors.
Last update: January 2021

Sources and References
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