Rents are 3% below what Mount Pleasant's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,441 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in Mount Pleasant usually run 1.5% below trend in January and 1.6% above it in July, about $76 a month apart at today's median. Based on 11 years of data.
Rent in Mount Pleasant is at its highest level since Zillow's records here began in January 2015.
Rent in Mount Pleasant changed +5.7% over the year to September 2026. Across the 54 South Carolina cities Zillow tracks, the typical change was +3.1%.
From 2019 to 2024, rent in Mount Pleasant rose 54.3% while median household income rose 20.8% ($103,232 to $124,755). Rent outpaced income.
Rent in Mount Pleasant is 64.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 12 months in a row, and rose in 12 of the last 12 months.
30% of the median household income ($124,755) is $3,119 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,110); a 4-bedroom is $3,660.
Hanahan, 12 miles away, rents for 31% less ($1,696/mo), about $8,900 a year in savings.
From Zillow's monthly rent index (ZORI) for Mount Pleasant. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Mount Pleasant, SC is majority owner-occupied, has a median income above the national average, 68.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Mount Pleasant, SC has changed in 5 years
Across the past five years, the going rent in Mount Pleasant, SC has shifted from $1,647 to $2,441, up 48.2% since 2021. Household income in the area moved from $106,216 to $124,755 across the same window, up 17.5% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Mount Pleasant, SC adding about 5,093 residents over the five-year window, up 5.7% on net. Bachelor's-degree-or-higher attainment moved from 65.3% to 68.4% across the same window. Reading these numbers side by side helps frame whether current listings in Mount Pleasant, SC look reasonable against where the market sat half a decade ago.
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Can you afford rent in Mount Pleasant on your salary?
At $2,441/mo, how Mount Pleasant rent compares to typical pay (30% rule).
Mount Pleasant rent by bedroom count
Median rent for each apartment size in Mount Pleasant. Click any size for full breakdown.
Tips for renters in Mount Pleasant
Last updated: October 17, 2026
The median rent in Mount Pleasant is $2,441/mo as of October 2026. A studio apartment averages $2,185/mo while a 2-bedroom runs $2,510/mo. One-bedroom apartments average $2,265/mo and 3-bedroom units go for $3,110/mo.
At 23% of local median household income ($124,755/yr), Mount Pleasant ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Mount Pleasant?
At $2,441/mo, rent takes ~23% of Mount Pleasant's median household income ($124,755/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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