Rent vs Buy in Charleston, SC

Charleston, SC Assumptions

Home Purchase
Ongoing Costs
Rental
Growth
Tax
Projection

Buy Net Worth

Rent Net Worth

Break-Even

Verdict

Net Worth Over Time — Charleston, SC

Year-by-Year Comparison

Year-by-year rent vs buy comparison for Charleston, SC
Year Buy
Net Worth
Rent
Net Worth
Difference Monthly
Buy Cost
Monthly
Rent

Cities & Towns in Charleston, SC

This calculator's defaults reflect the broader Charleston, SC metropolitan area, including:

  • Charleston
  • Mount Pleasant
  • North Charleston
  • Summerville
  • Goose Creek
  • Hanahan
  • Daniel Island
  • James Island
  • Folly Beach

Region: South. Housing cost-of-living index: 106 (national avg = 100). Composite cost-of-living: 100.

About this Charleston, SC estimate

The default home price and rent come from the Charleston, SC metropolitan area's housing cost-of-living index applied to national 2025 medians ($420,000 home, $1,850/mo rent for a typical 2-3 BR). The property tax rate is the average effective rate for South Carolina per the Tax Foundation. These are starting points — adjust to match your specific listing, neighborhood, and tax bill.