ZIP Code · SC

ZIP 29403

Pop. 22,533·Charleston County·3rd most expensive ZIP in South Carolina
Median rent (all units)
$2,751/mo
Year-over-Year
+8.0%
Month-over-Month
+0.7%
vs US Median
+$819
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 29403 · $2,751
More expensive than 85% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,910
1 BR
$2,000
2 BR
$2,190
3 BR
$2,720
4 BR+
$3,140
Research median
$2,190/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

November. Asking rents in ZIP 29403 usually run 0.8% below trend in November and 0.5% above it in July, about $36 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 29403 is at its highest level since Zillow's records here began in December 2016.

Past year vs. the rest of South Carolina

Rent in ZIP 29403 changed +8.0% over the year to September 2026. Across the 101 South Carolina ZIP codes Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 29403 rose 49% while median household income rose 43.4% ($46,669 to $66,944). Rent outpaced income.

Since before the pandemic

Rent in ZIP 29403 is 60.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 11 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($66,944) is $1,674 a month. That is less than HUD's Fair Market Rent for a studio ($1,910).

Rank in Charleston

6th cheapest of 7 ZIP codes in Charleston.

Cheaper nearby

ZIP 29407, 3 miles away, rents for 36% less ($1,752/mo), about $12,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 29403. 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.

Annual cost
$33,012/yr
At $2,751/mo median
Location
StateSC
CountyCharleston County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.0% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 29403 (Charleston, SC) is majority renter-occupied, skews toward younger working-age adults, 60.9% of residents hold a bachelor's degree or higher.

Population
22,533
Median income
$66,944
Median age
30
Renters
67.1%
Age distribution
12.8%
47.1%
19.5%
Under 1812.8%
18–3447.1%
35–5419.5%
55–649.8%
65+10.8%
Gender
44.1%
55.9%
Male44.1%
Female55.9%
Race & ethnicity
62.9%
30.4%
White62.9%
Black30.4%
Hispanic4.1%
Asian1.5%
Other1.3%
Education (25+)
13.1%
18.6%
60.9%
No HS diploma7.3%
HS diploma13.1%
Some college18.6%
Bachelor's+60.9%
Housing tenure
32.9%
67.1%
Owner32.9%
Renter67.1%

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

2021 vs 2026

How ZIP 29403 in Charleston, SC has changed in 5 years

Rent
$1,804 → $2,751
up 52.5%
Income
$54,904 → $66,944
up 21.9%
Population
22,016 → 22,533
up 2.3%
Renter share
63.1% → 67.1%
+4.0 pts
Bachelor's+
55% → 60.9%
+5.9 pts

Across the past five years, the going rent in ZIP 29403 in Charleston, SC has shifted from $1,804 to $2,751, up 52.5% since 2021. Local incomes tracked alongside that move, going from a median of $54,904 in 2021 to $66,944 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 29403 in Charleston, SC adding about 517 residents over the five-year window, up 2.3% on net. The renter share has risen from 63.1% to 67.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 55% to 60.9% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 29403 in Charleston, SC market of 2021.

Community

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Local insights

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About renting in ZIP 29403

Last updated: October 17, 2026

ZIP code 29403 covers Charleston, SC. The median rent here is $2,751/mo as of October 2026. A 1-bedroom rents for a median of $2,000/mo. A 2-bedroom rents for a median of $2,190/mo.

At 49% of local median household income ($66,944/yr), ZIP 29403 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29403?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (about $53/hour full-time) to afford the median rent of $2,751/mo in ZIP 29403. The local median household income is $66,944/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 29403?

Rent in ZIP 29403 has risen 8.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2016.

When is the cheapest time to rent in ZIP 29403?

Asking rents in ZIP 29403 are usually lowest in November, about 0.8% below their yearly trend, and highest in July, about 0.5% above it. At today's median that is a gap of roughly $36 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 29403?

Yes. From 2019 to 2024, rent in ZIP 29403 rose 49% while median household income rose 43.4%, from $46,669 to $66,944. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 29403 compare to other ZIPs in South Carolina?

ZIP 29403 is one of the pricier among South Carolina ZIP codes for rent, ranking #3 of 117 at $2,751/mo. Over the year to September 2026, rent in ZIP 29403 changed +8.0%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.

How does ZIP 29403 compare to the rest of Charleston?

At $2,751/mo, ZIP 29403 is $463 above the Charleston citywide median of $2,288/mo. It is the 6th cheapest of 7 ZIP codes in Charleston.
Income Affordability
49%
STRETCHED

At $2,751/mo, rent takes ~49% of ZIP 29403's median household income ($66,944/yr). The standard benchmark is 30%.

ZIP 29403 49%Benchmark 30%
State income tax3–6.2%
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Schools nearby

Public schools near ZIP 29403 (Charleston, SC)

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