Southeast9.0% avg cap rate

Charleston, SC

Historic charm meets coastal demand - premium SE market

Charleston consistently ranks among America's top travel destinations, blending antebellum architecture, world-class dining, and proximity to barrier island beaches. The Peninsula, French Quarter, and Cannonborough neighborhoods drive the highest STR rates, while beach communities like Sullivan's Island and Isle of Palms offer coastal alternatives. City STR regulations require a license and limit non-owner-occupied rentals.

9.0%
Avg Cap Rate
Net operating income / price
69%
Avg Occupancy
Annual average
$370
Avg Nightly Rate
All property types
$620K
Avg List Price
STR-viable properties

Estimated Annual Performance

Gross rental revenue
69% occ × $370/night
$93,185
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $37,274
Est. net operating income
Before mortgage & depreciation
$55,911
At $620K avg price
Implied cap rate
9.0%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Charleston

Consistently ranked top 3 US travel destination
Bachelorette and group travel market rivals Nashville
Historic district character drives strong listing conversion
Proximity to beaches adds coastal demand layer
Peak season: Mar - May, Sept - Nov
Top property types: Single Family, Cottage, Condo, Historic Home
Primary zip: 29401, 29403, 29405, 29412

Charleston STR investing, answered

Is Charleston, SC a good short-term rental market?

Charleston is a Southeast STR market averaging a 9.0% cap rate, 69% annual occupancy, and $370/night across STR-viable listings. Charleston consistently ranks among America's top travel destinations, blending antebellum architecture, world-class dining, and proximity to barrier island beaches. The Peninsula, French Quarter, and Cannonborough neighborhoods drive the highest STR rates, while beach communities like Sullivan's Island and Isle of Palms offer coastal alternatives. City STR regulations require a license and limit non-owner-occupied rentals.

What is the average Airbnb occupancy rate in Charleston?

STR-viable properties in Charleston average about 69% occupancy across the year. Peak season is Mar - May, Sept - Nov. Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Charleston?

At $370/night and 69% occupancy, a typical Charleston STR grosses roughly $93,185 per year before expenses, leaving an estimated $55,911 in net operating income against a $620K average price, an implied 9.0% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Charleston?

The strongest-performing STR property types in Charleston are Single Family, Cottage, Condo, Historic Home. Consistently ranked top 3 US travel destination. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in Charleston?

STR-viable listings in Charleston average around $620K. Primary STR ZIP codes include 29401, 29403, 29405. Combined with the market's 9.0% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.

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