Park Place
5820-5822 Murray Dr,
Hanahan, SC 29410
1-3 Beds | $1,200 - $1,590
Rental Market Trends in Hanahan, SC
What is the average rent in Hanahan, SC?
$1,184/month
Average Rent
712 Sq Ft
Average Apartment Size
-2.1%
Decrease in the Last Year
As of July 2025, the average rent in Hanahan, SC is $1,184 per month. This is 28% lower than the national average rent of $1,637/month, making renting in Hanahan more affordable than most cities in the US. When you rent an apartment in Hanahan, you can expect to pay about $957 per month for a studio, $1,184 for a one-bedroom apartment, and around $1,366 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,722 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Hanahan, SC?
In the past year, rent has decreased by 2.1%, which averages out to $24 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Hanahan, SC
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
31%
$700 - $1,000/month
46%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Hanahan?
Based on current rent prices, Highland Park is the most affordable neighborhood in Hanahan.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Hanahan?
Based on current rent prices, Highland Park is the most expensive neighborhood in Hanahan.
Neighborhood
Average Rent
Average Sq Ft
Which Hanahan neighborhoods have the most rentals available?
The neighborhood in Hanahan with the most apartments available is Highland Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Hanahan, SC?
Because the average rent in Hanahan is $1,184, you’ll want to make about $3,946 per month or $47,352 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Hanahan, SC compare to other nearby cities and neighborhoods?
Use the tool below to compare Hanahan, SC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.