ZIP Code · SC

ZIP 29464

Pop. 53,045·Charleston County·8th most expensive ZIP in South Carolina
Median rent (all units)
$2,401/mo
Year-over-Year
+5.5%
Month-over-Month
+0.8%
vs US Median
+$469
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 29464 · $2,401
More expensive than 77% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,200
1 BR
$2,310
2 BR
$2,530
3 BR
$3,150
4 BR+
$3,630
Research median
$2,530/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

January. Asking rents in ZIP 29464 usually run 1.9% below trend in January and 1.8% above it in July, about $89 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 29464 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 29464 changed +5.5% 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 29464 rose 56.8% while median household income rose 21.5% ($92,134 to $111,907). Rent outpaced income.

Since before the pandemic

Rent in ZIP 29464 is 65.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 10 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($111,907) is $2,798 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,530); a 3-bedroom is $3,150.

Cheaper nearby

ZIP 29405, 8 miles away, rents for 14% less ($2,076/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 29464. 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
$28,812/yr
At $2,401/mo median
Location
StateSC
CountyCharleston County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.5% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 29464 (Mount Pleasant, SC) is majority owner-occupied, has a median income above the national average, 67.8% of residents hold a bachelor's degree or higher.

Population
53,045
Median income
$111,907
Median age
41.8
Renters
34.5%
Age distribution
20%
19.4%
28.6%
12.8%
19.2%
Under 1820%
18–3419.4%
35–5428.6%
55–6412.8%
65+19.2%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
87.7%
White87.7%
Black6.3%
Hispanic2.2%
Asian1%
Other2.8%
Education (25+)
19.5%
67.8%
No HS diploma3.6%
HS diploma9.1%
Some college19.5%
Bachelor's+67.8%
Housing tenure
65.5%
34.5%
Owner65.5%
Renter34.5%

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

2021 vs 2026

How ZIP 29464 in Mount Pleasant, SC has changed in 5 years

Rent
$1,593 → $2,401
up 50.7%
Income
$96,679 → $111,907
up 15.8%
Population
51,895 → 53,045
up 2.2%
Renter share
35.7% → 34.5%
-1.2 pts
Bachelor's+
64.5% → 67.8%
+3.3 pts

Five years ago, renters in ZIP 29464 in Mount Pleasant, SC paid around $1,593 a month. That figure now sits near $2,401, up 50.7% from the 2021 baseline. Census figures show median household income at $111,907 today, compared with $96,679 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 29464 in Mount Pleasant, SC adding about 1,150 residents over the five-year window, up 2.2% on net. Bachelor's-degree-or-higher attainment moved from 64.5% to 67.8% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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About renting in ZIP 29464

Last updated: October 17, 2026

ZIP code 29464 covers Mount Pleasant, SC. The median rent here is $2,401/mo as of October 2026. A 1-bedroom rents for a median of $2,310/mo. A 2-bedroom rents for a median of $2,530/mo.

At 26% of local median household income ($111,907/yr), ZIP 29464 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 29464?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (about $46/hour full-time) to afford the median rent of $2,401/mo in ZIP 29464. The local median household income is $111,907/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 29464?

Rent in ZIP 29464 has risen 5.5% 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 29464?

Asking rents in ZIP 29464 are usually lowest in January, about 1.9% below their yearly trend, and highest in July, about 1.8% above it. At today's median that is a gap of roughly $89 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 29464?

Yes. From 2019 to 2024, rent in ZIP 29464 rose 56.8% while median household income rose 21.5%, from $92,134 to $111,907. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 29464 compare to other ZIPs in South Carolina?

ZIP 29464 is one of the pricier among South Carolina ZIP codes for rent, ranking #8 of 117 at $2,401/mo. Over the year to September 2026, rent in ZIP 29464 changed +5.5%, against a typical +3.4% across the 101 South Carolina ZIP codes Zillow tracks.

How does ZIP 29464 compare to the rest of Mount Pleasant?

At $2,401/mo, ZIP 29464 is $40 below the Mount Pleasant citywide median of $2,441/mo.
Income Affordability
26%
AFFORDABLE

At $2,401/mo, rent takes ~26% of ZIP 29464's median household income ($111,907/yr). The standard benchmark is 30%.

ZIP 29464 26%Benchmark 30%
State income tax3–6.2%
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