City Report · SC

Mount Pleasant

Pop. 93,993·2nd most expensive in South Carolina·Rental market data updated monthly for Mount Pleasant, SC
Median rent (all units)
$2,425/mo
Year-over-Year
+4.4%
Month-over-Month
+1.6%
vs US Median
+$460
Rising (Monthly)
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Most AffordableMost Expensive
Mount Pleasant · $2,425
More expensive than 77% of US cities · National median $1,965/mo
Rent Reality Score
57/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Mount Pleasant's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,425/mo
Expected by trend
$2,507/mo
The Rent Reality Score compares today's median rent to where Mount Pleasant's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,185
1 BR
$2,265
2 BR
$2,510
3 BR
$3,110
4 BR+
$3,660
Research median
$2,510/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$29,100/yr
At $2,425/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.4% YoY, +1.6% MoM), not inventory.
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Demographics

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.

Population
93,993
Median income
$124,755
Median age
42.6
Renters
26.4%
Age distribution
22.8%
16.2%
29.7%
12.9%
18.4%
Under 1822.8%
18–3416.2%
35–5429.7%
55–6412.9%
65+18.4%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
90.3%
White90.3%
Black2.7%
Hispanic2.8%
Asian1.7%
Other2.5%
Education (25+)
21.3%
68.4%
No HS diploma2.1%
HS diploma8.3%
Some college21.3%
Bachelor's+68.4%
Housing tenure
73.6%
26.4%
Owner73.6%
Renter26.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Mount Pleasant, SC has changed in 5 years

Rent
$1,668 → $2,425
up 45.4%
Income
$106,216 → $124,755
up 17.5%
Population
88,900 → 93,993
up 5.7%
Renter share
27.7% → 26.4%
-1.3 pts
Bachelor's+
65.3% → 68.4%
+3.1 pts
Median age
41.8 → 42.6
+0.8 yrs

Across the past five years, the going rent in Mount Pleasant, SC has shifted from $1,668 to $2,425, up 45.4% 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.

Community

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View Mount Pleasant rent history (2015–2026) →
Salary vs rent

Can you afford rent in Mount Pleasant on your salary?

At $2,425/mo, how Mount Pleasant rent compares to typical pay (30% rule).

By apartment size

Mount Pleasant rent by bedroom count

Median rent for each apartment size in Mount Pleasant. Click any size for full breakdown.

Local insights

Tips for renters in Mount Pleasant

About renting in Mount Pleasant, SC

Last updated: July 20, 2026

The median rent in Mount Pleasant is $2,425/mo as of July 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 4.4% over the past year.

FAQ

Frequently asked questions

Is Mount Pleasant an affordable city for renters?

Mount Pleasant is considered very affordable for renters. At $2,425/mo, rent takes approximately 23% of the local median household income ($124,755/yr). The standard benchmark is 30%. Mount Pleasant falls comfortably within that range.

How much income do you need to rent in Mount Pleasant?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,425/mo in Mount Pleasant. The local median household income is $124,755/yr, meaning the typical Mount Pleasant household meets that threshold.

Is rent going up or down in Mount Pleasant?

Rent in Mount Pleasant has increased 4.4% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Mount Pleasant neighborhoods have the lowest rent?

The most affordable ZIP codes in Mount Pleasant are 29464 ($2,372/mo), and 29466 ($2,708/mo). Citywide, the median rent in Mount Pleasant is $2,425/mo.

How does Mount Pleasant rent compare to other cities in South Carolina?

Mount Pleasant is one of the pricier cities in South Carolina for rent, ranking #2 out of 67 tracked cities at $2,425/mo.

Which nearby cities are cheaper to rent in than Mount Pleasant?

Several nearby cities have lower median rents than Mount Pleasant ($2,425/mo): Ladson ($1,697/mo), North Charleston ($1,738/mo), Hanahan ($1,781/mo).

What percentage of Mount Pleasant residents rent vs. own?

According to Census data, approximately 26.4% of Mount Pleasant households are renters, while 73.6% are owner-occupied. Mount Pleasant leans toward homeownership, which can mean a smaller rental inventory.

How does Mount Pleasant rent compare to the national average?

Mount Pleasant's median rent of $2,425/mo is $460 (23%) above the US national median of $1,965/mo. Within South Carolina, it ranks #2 out of 67 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $2,425/mo, rent takes ~23% of Mount Pleasant's median household income ($124,755/yr). The standard benchmark is 30%.

Mount Pleasant 23%Benchmark 30%
State income tax3–6.2%
Run the Mount Pleasant affordability calculator →
Lowest-rent ZIP codes in Mount Pleasant
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Mount Pleasant, SC

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