Charleston County · South Carolina
Charleston, SC housing costs
What a home costs to buy and to rent here, how old the housing stock is, and how much of a paycheck rent takes — all from Census ACS 5-year estimates.
Quick answer
The median home in Charleston, SC is worth $469,100 and median gross rent is $1,632 a month. That is 55% above the national median home value of $303,400. 55.6% of occupied homes are owner-occupied, against 65% nationally.
- Median home value
- $469,100#22 of 94 metros
- Median gross rent
- $1,632/mo#23 of 94 metros
- Owner-occupied
- 55.6%US average 65%
- Median year built
- 1994Half the homes here are older than this
Can a median household here buy a median home?
Price-to-income is the plainest affordability yardstick there is.
Charleston's median household earns $87,246 a year while the median home is worth $469,100. That is a price-to-income ratio of 5.4×, against roughly 3.9× nationally. Lenders have historically treated anything above 4× as stretched. Renters at the median put 31.4% of household income into gross rent; 30% is the federal threshold for “cost-burdened”.
Related data for Charleston
The same household, seen from three angles.
Tables B25077, B25064, B25003, B25035 and B25071, 2019-2023 ACS 5-year, Census place 4,513,330. Values are place-level, not metro-area-wide.
More Charleston data
Other Charleston datasets on this site.
- Charleston population and income
- Charleston sales tax rate
- Charleston property tax
- Charleston cost of living
- Charleston crime rates
- Charleston public schools
- Charleston weather normals
- Charleston commute times
- Charleston jobs and wages
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