US5.com
  1. Home
  2. States
  3. South Carolina
  4. ZIP 29401
  5. Housing & Real Estate
Charleston city, SC

ZIP 29401 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29401

Median Home Value
$1,165,900
Median Rent
$1,648
Affordability Snapshot
$321,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,489/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

12.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

59.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 29401 in Charleston city, SC, a household would need roughly $321,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $7,489. That is about 256% above the local median household income ($90,074), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 30% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
57.4%-12% vs US avg
x
Vacancy Rate
29.6%+188% vs US avg
x
Broadband Access
94.2%+8% vs US avg
x
4+ Bedrooms
5.0%-66% vs US avg
x
Built Pre-1939
2.6%-79% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
37.8%-24% vs US avg
x
Mortgage-Free
47.2%+23% vs US avg
x
$1,165,900
Home Value
$1,648
Rent
1938
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached36.8%
  • 1-unit attached9.1%
  • 2-9 units27.8%
  • 10+ units26.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,165,900
Median rent$1,648
Owner-occupied57.4%
Vacant29.6%
Price-to-income12.9x
Est. income to buy$321,000