Property Prices in Charleston, SC, United States

Index Info
Price to Income Ratio: 5.47
Mortgage as Percentage of Income: 49.73%
Loan Affordability Index: 2.01
Price to Rent Ratio - City Centre: 11.24
Price to Rent Ratio - Outside of Centre: 9.58
Gross Rental Yield (City Centre): 8.89%
Gross Rental Yield (Outside of Centre): 10.44%
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 1,643.75 $ 1,250.00-1,875.00
Apartment (3 bedrooms) in City Centre 4,666.67 $ 4,000.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 2,566.67 $ 2,200.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 537.50 $ 450.00-600.00
Price per Square Feet to Buy Apartment Outside of Centre 300.00 $ 250.00-350.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,122.22 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.71 6.70-7.00

These data are based on 36 entries in the past 18 months from 7 different contributors.
Last update: September 2023

Sources and References
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