Charleston is the 54th largest multifamily market with 77,573 completed units and 25,535 units in development, 9,170 of which have already broken ground, as of August 2022.
Charleston Multifamily Market Summary – August 2022
New lease asking rents are at $1,707, up 14.1%▲
from the previous year placing Charleston at
13th overall in year-over-year rent growth.
Charleston Multifamily Market Summary – July 2022
New lease asking rents are at $1,703, up 16.8%▲
from the previous year placing Charleston at
12th overall in year-over-year rent growth
Charleston Multifamily Market Summary – June 2022
New lease asking rents are at $1,669, up 18.1%▲
from the previous year placing Charleston at
13th overall in year-over-year rent growth.
Charleston Multifamily Market Summary – May 2022
New lease asking rents are at $1,650, up 19.1%▲
from the previous year placing Charleston at 11th
overall in year-over-year rent growth.
Charleston Multifamily Market Summary – April 2022
New lease asking rents are at $1,612, up 18.6%▲
from the previous year placing Charleston at
15th overall in year-over-year rent growth.
Charleston Multifamily Market Summary – March 2022
New lease asking rents are at $1,572, up 18%▲
from the previous year placing Charleston at
20th overall in year-over-year rent growth.
Charleston Multifamily Market Summary – February 2022
New lease asking rents are at $1,542, up 18.3%▲
from the previous year placing Charleston at
23rd overall in year-over-year rent growth.
Charleston Multifamily Market Summary – January 2022
New lease asking rents are at $1,532, up 18%▲
from the previous year placing Charleston at
23rd overall in year-over-year rent growth.
Charleston Multifamily Market Summary – December 2021
New lease asking rents are at $1,516, up 17.1%▲
from the previous year placing Charleston at 25th
overall in year-over-year rent growth.
