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ZIP Code · SC

ZIP 29407

Pop. 36,706·Charleston County·41st most expensive ZIP in South Carolina
Median rent (all units)
$1,785/mo
Year-over-Year
+12.3%
Month-over-Month
+3.4%
vs US Median
-$180
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 29407 · $1,785
More affordable than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,640
1 BR
$1,720
2 BR
$1,880
3 BR
$2,340
4 BR+
$2,700
Research median
$1,880/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
$21,420/yr
At $1,785/mo median
Location
StateSC
CountyCharleston County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.3% YoY, +3.4% MoM), not inventory.
Demographics

Who lives here

ZIP 29407 (Charleston, SC) is majority owner-occupied, 49.7% of residents hold a bachelor's degree or higher.

Population
36,706
Median income
$85,367
Median age
38
Renters
43.1%
Age distribution
18.1%
25.9%
25.4%
19.5%
Under 1818.1%
18–3425.9%
35–5425.4%
55–6411.1%
65+19.5%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
62.8%
26.8%
White62.8%
Black26.8%
Hispanic4.9%
Asian1.7%
Other3.8%
Education (25+)
19.1%
25.5%
49.7%
No HS diploma5.7%
HS diploma19.1%
Some college25.5%
Bachelor's+49.7%
Housing tenure
56.9%
43.1%
Owner56.9%
Renter43.1%

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

2021 vs 2026

How ZIP 29407 in Charleston, SC has changed in 5 years

Rent
$1,152 → $1,785
up 54.9%
Income
$67,486 → $85,367
up 26.5%
Population
36,294 → 36,706
up 1.1%
Renter share
44.3% → 43.1%
-1.2 pts
Bachelor's+
46.5% → 49.7%
+3.2 pts

The median rent in ZIP 29407 in Charleston, SC stood at $1,152 in 2021 and currently runs about $1,785, reflecting a 54.9% increase over the period. Census figures show median household income at $85,367 today, compared with $67,486 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.1% since 2021, moving from about 36,294 residents to roughly 36,706. College-educated residents now make up 49.7% of adults here, versus 46.5% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 29407

Last updated: July 20, 2026

ZIP code 29407 covers Charleston, SC. The median rent here is $1,785/mo as of July 2026. A 1-bedroom rents for a median of $1,720/mo. A 2-bedroom rents for a median of $1,880/mo.

At 25% of local median household income ($85,367/yr), ZIP 29407 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 29407?

As of July 20, 2026, the median monthly rent in ZIP 29407 (Charleston, SC) is $1,785. This is based on aggregated data from public sources and community submissions.

How does ZIP 29407 rent compare to the US average?

ZIP 29407's median rent of $1,785/mo is $180 (9%) below the US national median of $1,965/mo.

How does ZIP 29407 compare to other ZIPs in South Carolina?

ZIP 29407 is one of the pricier ZIP codes in South Carolina, ranking #41 out of 124 ZIPs tracked at $1,785/mo.

How much income do you need to rent in ZIP 29407?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,785/mo in ZIP 29407. The local median household income is $85,367/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 29407?

Rent in ZIP 29407 has increased 12.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 29407 an affordable place to rent?

ZIP 29407 is considered affordable for renters. At $1,785/mo, rent takes approximately 25% of the local median household income ($85,367/yr). The standard benchmark is 30%. ZIP 29407 falls comfortably within that range.

What percentage of ZIP 29407 residents rent vs. own?

According to Census data, approximately 43.1% of ZIP 29407 households are renters, while 56.9% are owner-occupied. ZIP 29407 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 29407 compare to the rest of Charleston?

ZIP 29407 is more affordable than Charleston overall. At $1,785/mo, it's $460 below the Charleston citywide median of $2,245/mo.

When was rent data for ZIP 29407 last updated?

Rent data for ZIP 29407 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,785/mo, rent takes ~25% of ZIP 29407's median household income ($85,367/yr). The standard benchmark is 30%.

ZIP 29407 25%Benchmark 30%
State income tax3–6.2%
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Schools nearby

Public schools near ZIP 29407 (Charleston, SC)

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