ZIP Code · SC

ZIP 29406

Pop. 32,001·Charleston County·69th most expensive ZIP in South Carolina
Median rent (all units)
$1,609/mo
Year-over-Year
+2.2%
Month-over-Month
+0.4%
vs US Median
-$323
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 29406 · $1,609
More affordable than 65% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,540
2 BR
$1,690
3 BR
$2,100
4 BR+
$2,420
Research median
$1,690/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

February. Asking rents in ZIP 29406 usually run 0.9% below trend in February and 0.8% above it in August, about $27 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 29406 is at its highest level since Zillow's records here began in May 2016.

Past year vs. the rest of South Carolina

Rent in ZIP 29406 changed +2.2% 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 29406 rose 47.2% while median household income rose 36.6% ($36,460 to $49,815). Rent outpaced income.

Since before the pandemic

Rent in ZIP 29406 is 51.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($49,815) is $1,245 a month. That is less than HUD's Fair Market Rent for a studio ($1,470).

Rank in North Charleston

1st cheapest of 4 ZIP codes in North Charleston.

From Zillow's monthly rent index (ZORI) for ZIP 29406. 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
$19,308/yr
At $1,609/mo median
Location
StateSC
CountyCharleston County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.2% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 29406 (North Charleston, SC) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 22% of residents hold a bachelor's degree or higher.

Population
32,001
Median income
$49,815
Median age
32.9
Renters
58.2%
Age distribution
23.2%
30.5%
23.7%
13.2%
Under 1823.2%
18–3430.5%
35–5423.7%
55–649.5%
65+13.2%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
34.2%
42.9%
18.2%
White34.2%
Black42.9%
Hispanic18.2%
Asian2.6%
Other2%
Education (25+)
14.5%
27.8%
35.7%
22%
No HS diploma14.5%
HS diploma27.8%
Some college35.7%
Bachelor's+22%
Housing tenure
41.8%
58.2%
Owner41.8%
Renter58.2%

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

2021 vs 2026

How ZIP 29406 in North Charleston, SC has changed in 5 years

Rent
$1,173 → $1,609
up 37.2%
Income
$40,797 → $49,815
up 22.1%
Population
33,150 → 32,001
down 3.5%
Renter share
58.3% → 58.2%
-0.1 pts
Bachelor's+
21.3% → 22%
+0.7 pts
Median age
31 → 32.9
+1.9 yrs

Across the past five years, the going rent in ZIP 29406 in North Charleston, SC has shifted from $1,173 to $1,609, up 37.2% since 2021. Local incomes tracked alongside that move, going from a median of $40,797 in 2021 to $49,815 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 29406 in North Charleston, SC losing about 1,149 residents over the five-year window, down 3.5% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 29406 in North Charleston, SC market of 2021.

Community

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Local insights

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About renting in ZIP 29406

Last updated: October 17, 2026

ZIP code 29406 covers North Charleston, SC. The median rent here is $1,609/mo as of October 2026. A 1-bedroom rents for a median of $1,540/mo. A 2-bedroom rents for a median of $1,690/mo.

At 39% of local median household income ($49,815/yr), ZIP 29406 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29406?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,609/mo in ZIP 29406. The local median household income is $49,815/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 29406?

Rent in ZIP 29406 has risen 2.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2016.

When is the cheapest time to rent in ZIP 29406?

Asking rents in ZIP 29406 are usually lowest in February, about 0.9% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 29406?

Yes. From 2019 to 2024, rent in ZIP 29406 rose 47.2% while median household income rose 36.6%, from $36,460 to $49,815. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 29406 compare to other ZIPs in South Carolina?

ZIP 29406 is in the middle among South Carolina ZIP codes for rent, ranking #69 of 117 at $1,609/mo. Over the year to September 2026, rent in ZIP 29406 changed +2.2%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.

How does ZIP 29406 compare to the rest of North Charleston?

At $1,609/mo, ZIP 29406 is $133 below the North Charleston citywide median of $1,742/mo. It is the 1st cheapest of 4 ZIP codes in North Charleston.
Income Affordability
39%
MODERATE

At $1,609/mo, rent takes ~39% of ZIP 29406's median household income ($49,815/yr). The standard benchmark is 30%.

ZIP 29406 39%Benchmark 30%
State income tax3–6.2%
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Schools nearby

Public schools near ZIP 29406 (North Charleston, SC)

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