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Average Rent in NOMO & Rent Trends

Rent prices and market trends across 11 apartment communities in NOMO, Charleston, SC. Updated daily.

Market Average

$2,600/mo

Lowest Available

$1,185/mo

cheapest unit on market

Communities

11

tracked daily

Units Listed

147

available now

Price Cuts This Week in NOMO

59 listed units across 5 buildings in NOMO dropped their asking rent in the past 7 days, an average cut of $75/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Foundry Point Unit 1-309, B3 $2,895 $2,754 $141
Foundry Point Unit 1-108, B2A,D,E $2,521 $2,383 $138
Foundry Point Unit 1-112, B3 $2,961 $2,823 $138
Foundry Point Unit 1-113, B2A,D,E $2,590 $2,452 $138
Foundry Point Unit 1-119, B2A,D,E $2,565 $2,427 $138
Foundry Point Unit 1-201, B1A $2,624 $2,486 $138
Foundry Point Unit 1-208, B2A,D,E $2,521 $2,383 $138
Foundry Point Unit 1-209, B3 $2,892 $2,754 $138
See today's prices on all 147 listed units

NOMO vs Charleston, SC Average

NOMO is more expensive than the Charleston, SC average by $29/mo (1%). The citywide average is $2,571/mo across all neighborhoods.

Is Rent Going Up or Down in NOMO?

As of September 2026, the average rent in NOMO is $2,600 per month across 11 apartment communities and 147 available units.

The most affordable option is Summit Place starting at $1,185/mo. By unit type, a studio averages $2,115/mo, a 1-bedroom averages $2,443/mo, a 2-bedroom averages $3,217/mo, a 3-bedroom averages $3,344/mo.

Prices range from $1,185 to $6,722 per month. The most common price point is the $2,000 range, where 31 units are currently listed.

NOMO Rent Price History

Timeframe
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 $2,576 -$125 14
September 2026 $2,603 +$27 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

Studio
$2,115
from $1,185 · 27 units
1 Bed
$2,443
from $1,745 · 79 units
2 Bed
$3,217
from $2,383 · 39 units
3 Bed
$3,344
from $1,800 · 2 units

Rent Prices by Apartment in NOMO

Property Starting at Average Units Rating
Summit Place $1,185/mo $1,503/mo 10 4.4
Foundry Point $1,745/mo $2,314/mo 41 4.1
Charleston Home Rentals, LLC $1,800/mo $1,800/mo 1 3.5
The Porter $1,849/mo $2,095/mo 8 4.6
Element 29 $1,942/mo $2,192/mo 8 2.7
Atlantic on Romney Apartments $1,973/mo $2,592/mo 11 4.7
Caroline Apartments $2,066/mo $2,616/mo 15 4.4

Frequently Asked Questions About Rent in NOMO

What is the average rent in NOMO?

The average rent in NOMO is $2,600 per month as of September 2026, based on 147 units across 11 apartment communities.

Is rent going up or down in NOMO?

The current average rent in NOMO is $2,600/mo, refreshed daily to track rent trends.

What is the cheapest apartment in NOMO?

The most affordable apartment in NOMO is Summit Place with units starting at $1,185/mo.

How much is a 1-bedroom apartment in NOMO?

A 1-bedroom apartment in NOMO averages $2,443/mo, with prices starting at $1,745/mo across 79 available units.

How many apartments are available in NOMO?

There are 147 units available across 11 apartment communities 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

$104,000/year

Based on the 30 percent rule, using our tracked average rent of $2,600/mo.

Comfortable income

$125,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,185/mo), you need to earn at least $47,000/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) $2,600
Utilities $530
Groceries $518
Transportation $1,264
Healthcare $617
Other goods and services $987
Estimated total $6,517/mo

Population

152,014

Median household income

$90,038

Census median rent

$1,632/mo

Census rent burden

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.

Explore NOMO Apartments

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