Last updated
Average Rent in NOMO & Rent Trends
Rent prices and market trends across 13 apartment communities in NOMO, Charleston, SC. Updated daily.
Market Average
$2,621/mo
▲ +2.5% from last month
Lowest Available
$1,235/mo
cheapest unit on market
Communities
13
tracked daily
Units Listed
143
available now
Price Cuts This Week in NOMO
36 listed units across 8 buildings in NOMO dropped their asking rent in the past 7 days, an average cut of $121/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Meeting Street Lofts | Unit 10 | $2,762 | $1,803 | $959 |
| Meeting Street Lofts | Unit 11 | $2,242 | $1,853 | $389 |
| Meeting Street Lofts | Unit 3 | $1,817 | $1,510 | $307 |
| Meeting Street Lofts | Unit 12 | $2,240 | $2,023 | $217 |
| Meeting Street Lofts | Unit 6 | $1,809 | $1,650 | $159 |
| Element 29 | Unit 3, A5 | $2,267 | $2,130 | $137 |
| Element 29 | Unit 6, B1 | $2,821 | $2,691 | $130 |
| Meeting Street Lofts | Unit 4 | $2,129 | $2,026 | $103 |
NOMO vs Charleston, SC Average
NOMO is more expensive than the Charleston, SC average by $35/mo (1%). The citywide average is $2,586/mo across all neighborhoods.
Is Rent Going Up or Down in NOMO?
As of August 2026, the average rent in NOMO is $2,621 per month across 13 apartment communities and 143 available units. Rents have increased $64 (2.5%) over the past month.
The most affordable option is Summit Place starting at $1,235/mo. By unit type, a studio averages $2,146/mo, a 1-bedroom averages $2,460/mo, a 2-bedroom averages $3,289/mo, a 3-bedroom averages $2,490/mo, a 4-bedroom averages $2,403/mo.
Prices range from $1,235 to $6,411 per month. The most common price point is the $2,200 range, where 23 units are currently listed.
NOMO Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $2,677 | - | 9 |
| June 2026 | $2,816 | +$139 | 10 |
| July 2026 | $2,701 | -$115 | 13 |
| August 2026 | $2,620 | -$81 | 13 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in NOMO
Rent Prices by Apartment in NOMO
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Summit Place | $1,235/mo | $1,553/mo | 10 | 4.4 |
| 400 Meeting | $1,405/mo | $1,405/mo | 1 | 4.1 |
| Meeting Street Lofts | $1,650/mo | $2,195/mo | 14 | 3.9 |
| The Porter | $1,849/mo | $2,092/mo | 7 | 4.6 |
| Element 29 | $1,968/mo | $2,322/mo | 9 | 2.7 |
| Atlantic on Romney Apartments | $2,073/mo | $3,035/mo | 22 | 4.7 |
| Morrison Yard | $2,073/mo | $2,958/mo | 14 | 4.5 |
Frequently Asked Questions About Rent in NOMO
What is the average rent in NOMO?
Is rent going up or down in NOMO?
What is the cheapest apartment in NOMO?
How much is a 1-bedroom apartment in NOMO?
How many apartments are available in NOMO?
What salary do I need to live comfortably in NOMO?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$105,000/year
Based on the 30 percent rule, using our tracked average rent of $2,621/mo.
Comfortable income
$126,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,235/mo), you need to earn at least $49,000/year.
Median household income in NOMO is $90,038 , about 28% below the comfortable-living threshold.
Cost of living in NOMO
Overall prices in NOMO runs above the national average by about 1% (BEA Regional Price Parity index 101.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by NOMO's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,621 |
| Utilities | $530 |
| Groceries | $518 |
| Transportation | $1,264 |
| Healthcare | $617 |
| Other goods and services | $987 |
| Estimated total | $6,538/mo |
Population
152,014
Median household income
$90,038
Census median rent
$1,632/mo
Rent as % of income
31.4%
Median age
36.1
Mean commute
24 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for NOMO Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore NOMO Apartments
Browse all 13 communities with daily-updated pricing and availability.