Monthly Rent Report

Charleston Rent Report — May 2020

Asking rents in ZIP 10309, New York City, from 15 listings.

Median 1BR rent in Charleston was $1,100 in May 2020, down 4.3% (−$50) from April 2020. The middle half of 1BR listings asked between $1,100 and $1,175. That puts Charleston $775 below the New York City citywide 1BR median of $1,875. The month's figures are based on 15 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2020Vs. Year AgoP25–P75 RangeListings
Studio$1,100+$100 (+10.0%)—$1,025 – $1,9173
Studio$1,100+$100 (+10.0%)—$1,025 – $1,9173
1BR$1,100−$50 (-4.3%)—$1,100 – $1,1753
1BR$1,100−$50 (-4.3%)—$1,100 – $1,1753
2BR$1,750−$500 (-22.2%)—$1,750 – $1,7501
2BR$1,750−$500 (-22.2%)—$1,750 – $1,7501
4BR$2,700——$2,700 – $2,7001

Median, P25, and P75 are asking rents from listings posted in May 2020. Changes compare against the nearest prior month with data.

Charleston vs. New York City — May 2020

BedroomsCharleston MedianNYC Citywide MedianDifference
Studio$1,100$1,775−$675 (-38.0%)
Studio$1,100$1,775−$675 (-38.0%)
1BR$1,100$1,875−$775 (-41.3%)
1BR$1,100$1,875−$775 (-41.3%)
2BR$1,750$2,231−$481 (-21.6%)
2BR$1,750$2,231−$481 (-21.6%)
4BR$2,700$3,013−$312 (-10.4%)

Citywide figure is the median of zip-level medians across 163 New York City zip codes with listings in May 2020.

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