Is Charleston, SC a good place to invest in rental property?

Charleston, SC has a median modeled monthly cash flow of $-1,949 and a median cap rate of 2.5%, on a median sold price of $630,000. Prices changed +2.1% year over year.

What is the average cap rate in Charleston, SC?

The median cap rate across recently sold homes in Charleston, SC is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Charleston, SC?

The median sold price in Charleston, SC is $630,000 (about $340 per square foot).

Investing in Charleston, SC Real Estate

A data-driven snapshot of the Charleston, SC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$630,000Median sold price

$340Median $/sqft

2.5%Median cap rate

$-1,949Modeled cash flow / mo

+2.1%Appreciation YoY

8.7Months of supply

2,612Active listings

3,606Sold (last 12 mo)

What the Charleston numbers say

In Charleston, SC, the median home sold for $630,000 (about $340 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,949 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 8.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other South Carolina markets to compare

See Charleston cash-flowing listings

CashFlowRE ranks every for-sale home in Charleston, SC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Charleston deals, or browse the national market data.