Beaufort County, SC vs Charleston-North Charleston, SC
A 2-bedroom in Charleston-North Charleston costs $29 less per month than Beaufort County ($1,787 vs $1,816). Median income is $84,819 in Beaufort County and $82,272 in Charleston-North Charleston. That's a difference of $348 per year in housing costs.
Side-by-Side Comparison
| Metric | Beaufort County | Charleston-North Charleston |
|---|---|---|
| Studio FMR | $1,582 | $1,557 |
| 1BR FMR | $1,657 | $1,630 |
| 2BR FMR | $1,816 | $1,787 |
| 3BR FMR | $2,177 | $2,222 |
| 4BR FMR | $2,720 | $2,562 |
| Median Income | $84,819 | $82,272 |
| Rent Burden | 25.7% | 26.1% |
| Actual Median Rent | $1,484 | $1,488 |
| Median Home Value | $407,600 | $345,400 |
| Population | 192K | 818K |
| Renter % | 24.3% | 31.3% |
| Vacancy Rate | 22.1% | 11.6% |
| Poverty Rate | 10.5% | 11.2% |
| Unemployment | 4.4% | - |
| YoY Change | +9.9% | +11.8% |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Charleston-North Charleston, SC is more affordable with a 2BR FMR of $1,787/mo, which is $29 less than Beaufort County at $1,816/mo. However, when considering local incomes, Beaufort County has a rent burden of 25.7% vs 26.1% in Charleston-North Charleston.
A 2-bedroom in Beaufort County, SC costs $1,816/mo at Fair Market Rent, while in Charleston-North Charleston, SC it's $1,787/mo, a difference of $29/mo or $348/year.
To afford a 2BR without spending more than 30% of income on rent: Beaufort County requires $72,640/year ($35/hr). Charleston-North Charleston requires $71,480/year ($34/hr).