Monthly Rent Report
Charleston Rent Report — May 2024
Asking rents in ZIP 10309, New York City, from 99 listings.
Median 1BR rent in Charleston was $1,500 in May 2024, down 6.3% (−$100) from April 2024 and down 16.7% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,600. That puts Charleston $925 below the New York City citywide 1BR median of $2,425. The month's figures are based on 99 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | $0 (0.0%) | −$100 (-7.4%) | $1,250 – $1,250 | 5 |
| Studio | $1,250 | $0 (0.0%) | −$100 (-7.4%) | $1,250 – $1,250 | 3 |
| 1BR | $1,500 | −$100 (-6.3%) | −$300 (-16.7%) | $1,400 – $1,600 | 27 |
| 1BR | $1,500 | −$100 (-6.3%) | −$300 (-16.7%) | $1,500 – $1,550 | 7 |
| 2BR | $2,100 | −$100 (-4.5%) | −$25 (-1.2%) | $1,900 – $2,200 | 14 |
| 2BR | $2,100 | −$100 (-4.5%) | −$25 (-1.2%) | $1,900 – $2,200 | 14 |
| 3BR | $2,975 | −$325 (-9.8%) | −$225 (-7.0%) | $2,600 – $3,425 | 22 |
| 3BR | $2,875 | −$425 (-12.9%) | −$325 (-10.2%) | $2,600 – $3,225 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Charleston vs. New York City — May 2024
| Bedrooms | Charleston Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $2,350 | −$1,100 (-46.8%) |
| Studio | $1,250 | $2,350 | −$1,100 (-46.8%) |
| 1BR | $1,500 | $2,425 | −$925 (-38.1%) |
| 1BR | $1,500 | $2,425 | −$925 (-38.1%) |
| 2BR | $2,100 | $2,914 | −$813 (-27.9%) |
| 2BR | $2,100 | $2,914 | −$813 (-27.9%) |
| 3BR | $2,975 | $3,600 | −$625 (-17.4%) |
| 3BR | $2,875 | $3,600 | −$725 (-20.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.