Monthly Rent Report
Charleston Rent Report — August 2023
Asking rents in ZIP 10309, New York City, from 27 listings.
Median 1BR rent in Charleston was $1,725 in August 2023, up 7.8% (+$125) from July 2023 and up 7.8% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,750. That puts Charleston $625 below the New York City citywide 1BR median of $2,350. The month's figures are based on 27 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | −$2,540 (-69.8%) | −$500 (-31.3%) | $1,100 – $1,100 | 1 |
| Studio | $1,350 | −$2,290 (-62.9%) | −$250 (-15.6%) | $1,225 – $2,520 | 7 |
| 1BR | $1,725 | +$125 (+7.8%) | +$125 (+7.8%) | $1,675 – $1,750 | 4 |
| 1BR | $1,500 | −$100 (-6.3%) | −$100 (-6.3%) | $1,500 – $1,500 | 1 |
| 2BR | $1,900 | −$400 (-17.4%) | −$100 (-5.0%) | $1,900 – $1,900 | 2 |
| 2BR | $2,150 | −$150 (-6.5%) | +$150 (+7.5%) | $1,950 – $2,275 | 6 |
| 3BR | $3,500 | +$300 (+9.4%) | — | $3,500 – $3,500 | 1 |
| 3BR | $3,375 | +$175 (+5.5%) | — | $3,163 – $3,588 | 2 |
| 4BR | $3,300 | −$400 (-10.8%) | — | $3,300 – $3,300 | 2 |
| 4BR | $3,300 | −$400 (-10.8%) | — | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Charleston vs. New York City — August 2023
| Bedrooms | Charleston Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $2,490 | −$1,390 (-55.8%) |
| Studio | $1,350 | $2,490 | −$1,140 (-45.8%) |
| 1BR | $1,725 | $2,350 | −$625 (-26.6%) |
| 1BR | $1,500 | $2,350 | −$850 (-36.2%) |
| 2BR | $1,900 | $2,859 | −$959 (-33.5%) |
| 2BR | $2,150 | $2,859 | −$709 (-24.8%) |
| 3BR | $3,500 | $3,413 | +$88 (+2.6%) |
| 3BR | $3,375 | $3,413 | −$37 (-1.1%) |
| 4BR | $3,300 | $4,200 | −$900 (-21.4%) |
| 4BR | $3,300 | $4,200 | −$900 (-21.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.