Monthly Rent Report

Charleston Rent Report — July 2020

Asking rents in ZIP 10309, New York City, from 38 listings.

Median 1BR rent in Charleston was $1,500 in July 2020, up 15.4% (+$200) from June 2020 and up 11.1% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,500. That puts Charleston $325 below the New York City citywide 1BR median of $1,825. The month's figures are based on 38 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2020Vs. July 2019P25–P75 RangeListings
Studio$1,000−$150 (-13.0%)—$975 – $1,1503
Studio$1,000−$150 (-13.0%)—$975 – $1,1503
1BR$1,500+$200 (+15.4%)+$150 (+11.1%)$1,200 – $1,5005
1BR$1,500+$200 (+15.4%)+$150 (+11.1%)$1,200 – $1,5005
2BR$2,050+$50 (+2.5%)+$425 (+26.2%)$2,000 – $2,1254
2BR$2,050+$50 (+2.5%)+$425 (+26.2%)$2,000 – $2,1254
3BR$2,200−$100 (-4.3%)−$300 (-12.0%)$2,200 – $2,5007
3BR$2,200−$100 (-4.3%)−$300 (-12.0%)$2,200 – $2,5007

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

Charleston vs. New York City — July 2020

BedroomsCharleston MedianNYC Citywide MedianDifference
Studio$1,000$1,700−$699 (-41.2%)
Studio$1,000$1,700−$699 (-41.2%)
1BR$1,500$1,825−$325 (-17.8%)
1BR$1,500$1,825−$325 (-17.8%)
2BR$2,050$2,290−$240 (-10.5%)
2BR$2,050$2,290−$240 (-10.5%)
3BR$2,200$2,600−$400 (-15.4%)
3BR$2,200$2,600−$400 (-15.4%)

Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2020.

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