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Rent Inflation in Charleston, SC

The average asking rent in Charleston, SC is $1,987/month as of 2026-03. That is +3% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) · zillow.com/research

Current Avg Rent

$1,987/mo

as of 2026-03

Year-over-Year Change

+3%

24-Month Rent Trend

Monthly ZORI index values for Charleston, SC.

Month Avg Asking Rent Change from Prior Month
2026-03 $1,987 +0.61%
2026-02 $1,975 +0.71%
2026-01 $1,961 +0.56%
2025-12 $1,950 -0.05%
2025-11 $1,951 -0.36%
2025-10 $1,958 -0.31%
2025-09 $1,964 -0.46%
2025-08 $1,973 +0.00%
2025-07 $1,973 +0.15%
2025-06 $1,970 +0.66%
2025-05 $1,957 +0.77%
2025-04 $1,942 +0.67%
2025-03 $1,929 +0.63%
2025-02 $1,917 +0.31%
2025-01 $1,911 +0.10%
2024-12 $1,909 -0.52%
2024-11 $1,919 -0.57%
2024-10 $1,930 -0.31%
2024-09 $1,936 -0.10%
2024-08 $1,938 +0.31%
2024-07 $1,932 +0.78%
2024-06 $1,917 +0.95%
2024-05 $1,899 +0.80%
2024-04 $1,884

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data: Zillow Research ZORI · Updated monthly · Price Inflation Report