Monthly Rent Report
Charleston Rent Report — August 2020
Asking rents in ZIP 10309, New York City, from 18 listings.
Median 1BR rent in Charleston was $1,250 in August 2020, down 16.7% (−$250) from July 2020 and down 7.4% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,300. That puts Charleston $635 below the New York City citywide 1BR median of $1,885. The month's figures are based on 18 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. August 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | $0 (0.0%) | — | $1,000 – $1,000 | 1 |
| Studio | $1,000 | $0 (0.0%) | — | $1,000 – $1,000 | 1 |
| 1BR | $1,250 | −$250 (-16.7%) | −$100 (-7.4%) | $1,250 – $1,300 | 5 |
| 1BR | $1,250 | −$250 (-16.7%) | −$100 (-7.4%) | $1,250 – $1,300 | 5 |
| 2BR | $1,650 | −$400 (-19.5%) | +$150 (+10.0%) | $1,650 – $1,650 | 1 |
| 2BR | $1,650 | −$400 (-19.5%) | +$150 (+10.0%) | $1,650 – $1,650 | 1 |
| 3BR | $2,450 | +$250 (+11.4%) | +$350 (+16.7%) | $2,325 – $2,575 | 2 |
| 3BR | $2,450 | +$250 (+11.4%) | +$350 (+16.7%) | $2,325 – $2,575 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Charleston vs. New York City — August 2020
| Bedrooms | Charleston Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,750 | −$750 (-42.9%) |
| Studio | $1,000 | $1,750 | −$750 (-42.9%) |
| 1BR | $1,250 | $1,885 | −$634 (-33.7%) |
| 1BR | $1,250 | $1,885 | −$634 (-33.7%) |
| 2BR | $1,650 | $2,250 | −$600 (-26.7%) |
| 2BR | $1,650 | $2,250 | −$600 (-26.7%) |
| 3BR | $2,450 | $2,606 | −$156 (-6.0%) |
| 3BR | $2,450 | $2,606 | −$156 (-6.0%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in August 2020.