Mid-Term Rental Market Analytics & Investment Insights
Annual Revenue
$26,400
Based on 1119 full time Airbnb rentals
Average Monthly Rate
$2400
Gross Yield
8.89%
#13 in the USProperty Tax Rate
0%
Homes in North Charleston have appreciated by 7.50%, with the median home value standing at $304078, according to Zillow.
There are currently 1119 active mid-term rentals in North Charleston. The average monthly rate for these rentals is $2400. This translates to an annual revenue of $34320 for mid-term rentals.
North Charleston is an investor-friendly location with mid-term rental regulations favorable to those looking to invest in mid-term rentals.
Average Monthly Rate Trend
$2400
Active Mid-Term Rentals
1119
The average gross yield for mid-term rentals in North Charleston is 8.89%. However, potential investors should also consider the average property tax, which stands at 0.45% according to SmartAsset.
The median household income in North Charleston is $58,231.
The unemployment rate in North Charleston is 2.2%, which is lower than the national average of 3.9%.
The most popular property types in North Charleston are 2-bedroom units, with an monthyl rents of $2400 and an annual revenue of $26400.
Let our agents guide you to the best mid-term rental investments in North Charleston, SC
