Monthly Rent Report
Charleston Rent Report — May 2023
Asking rents in ZIP 10309, New York City, from 46 listings.
Median 1BR rent in Charleston was $1,500 in May 2023, down 3.2% (−$50) from April 2023 and down 6.3% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,550. That puts Charleston $977 below the New York City citywide 1BR median of $2,477. The month's figures are based on 46 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | +$275 (+25.6%) | +$150 (+12.5%) | $1,050 – $2,110 | 4 |
| Studio | $1,350 | +$275 (+25.6%) | +$150 (+12.5%) | $1,100 – $3,130 | 6 |
| 1BR | $1,500 | −$50 (-3.2%) | −$100 (-6.3%) | $1,450 – $1,550 | 14 |
| 1BR | $1,800 | +$250 (+16.1%) | +$200 (+12.5%) | $1,800 – $1,800 | 1 |
| 2BR | $2,125 | +$125 (+6.3%) | +$125 (+6.3%) | $2,125 – $2,125 | 1 |
| 2BR | $1,950 | −$50 (-2.5%) | −$50 (-2.5%) | $1,788 – $2,250 | 8 |
| 3BR | $3,200 | +$200 (+6.7%) | +$250 (+8.5%) | $3,200 – $3,200 | 1 |
| 3BR | $3,500 | +$500 (+16.7%) | +$550 (+18.6%) | $3,250 – $3,550 | 7 |
| 4BR | $3,200 | — | — | $3,100 – $3,300 | 2 |
| 4BR | $3,200 | — | — | $3,100 – $3,300 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Charleston vs. New York City — May 2023
| Bedrooms | Charleston Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $2,450 | −$1,100 (-44.9%) |
| Studio | $1,350 | $2,450 | −$1,100 (-44.9%) |
| 1BR | $1,500 | $2,477 | −$977 (-39.4%) |
| 1BR | $1,800 | $2,477 | −$677 (-27.3%) |
| 2BR | $2,125 | $2,800 | −$675 (-24.1%) |
| 2BR | $1,950 | $2,800 | −$850 (-30.4%) |
| 3BR | $3,200 | $3,225 | −$25 (-0.8%) |
| 3BR | $3,500 | $3,225 | +$275 (+8.5%) |
| 4BR | $3,200 | $4,000 | −$800 (-20.0%) |
| 4BR | $3,200 | $4,000 | −$800 (-20.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.