Rental Arbitrage in Charleston, SC
We have not published a sourced legal page for this city yet. Check the city's official short-term rental rules and your lease before relying on the numbers below.
- Average daily rate
- $434.40
- Occupancy
- 63%
- Annual revenue potential
- $80,000
How Much Rent Can a Unit Here Carry?
- Most rent that breaks even
- $7,638
- Rent that leaves a 20% margin
- $5,865
At the market's average rate and occupancy, a unit books about 19.2 nights and $8,862 a month. The ceiling assumes 3-night stays, an $85 cleaning fee against a $75 clean, a 3% platform fee and $480 a month for bills, insurance, supplies and software. Market averages include every listing size, so a one-bedroom usually earns less. Treat these as upper limits for a lease negotiation, not targets.
Run the Numbers for Charleston, SC
Pre-filled with the market's rate and occupancy, and a rent at the 20% margin ceiling. Replace the rent with the real asking rent of the unit you're considering.
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The Charleston, SC Market
AirDNA's Charleston market averaged a $434.40 daily rate at 63% occupancy over the last 12 months, about 19.2 booked nights and $8,900 of booking income a month. That rate is the highest on this site; the market covers the wider area, which can include beach towns with large vacation homes, so an apartment in the city will earn far less.
Inside the City of Charleston, a residential short-term rental must be the owner's full-time primary residence. A renter's only route is a commercially zoned property inside the Short-Term Rental Overlay District, and the Old and Historic District has tighter limits. Check the exact parcel's zoning before you talk to a landlord.
What a Unit Can Earn
At the market averages, a unit breaks even at about $7,640 a month in rent and keeps a 20% margin at about $5,870. Treat these as a ceiling inflated by beach houses; price a city unit from comparable downtown listings.
Startup Costs
At a $5,850 rent, expect roughly $20,100 before the first booking: a one-month deposit, the first month's rent, about $7,500 of furnishing and $900 of setup. Add a cushion of a few months of costs. Work it out properly with the startup cost calculator.
Risks to Weigh
- Residential areas are owner-occupied only
- Commercial rentals only inside the Short-Term Rental Overlay District
- Market averages are lifted by beach towns outside the city
- Fines of $500 to $2,000 for each week of a violation
Frequently Asked Questions
- Can a Renter Run a Short-Term Rental in Charleston?
- Only on commercially zoned property inside the Short-Term Rental Overlay District. Residential short-term rentals must be the owner's primary residence.
- What Rent Can a Charleston Unit Carry?
- At the market averages, about $5,870 keeps a 20% margin and about $7,640 breaks even. Those ceilings are lifted by beach homes; price a city unit from comparable downtown listings.
- How Much Does an Average Charleston Short-Term Rental Earn?
- AirDNA's Charleston market averaged a $434.40 daily rate at 63% occupancy over the last 12 months, with annual revenue of about $80,000. The market covers the wider area, which can include beach towns.
- What Are the Rules in the Old and Historic District?
- A property must be individually listed on the National Register of Historic Places to qualify for short-term renting.
- What Taxes Apply in Charleston?
- South Carolina's 5% sales tax plus a 2% state accommodations tax on stays under 90 days, plus city and county accommodations and hospitality taxes.