Element Carolina Bay is a pet — Charleston, SC Rent Comps

Asking & effective rent by bedroom

Average asking rent across observed units: $2,074. Average effective rent: $2,074.

Type	Asking rent	Effective rent	Avg sqft	Observations
1 bedroom	$1,651	$1,651	796	2
2 bedroom	$2,171	$2,171	1,160	5
3 bedroom	$2,433	$2,433	1,419	1

HUD Fair Market Rent gap

HUD area: Charleston-North Charleston, SC MSA.

FMR comparison not observed for this property.

Amenities

9 Foot CeilingsBay WindowsBicycle LoanersBilliards Table in ClubhouseCharleston Coffee Roasters Coffee BarClub Grade Fitness and Health CenterCommunity RecyclingDark European CabinetryDigital Package Acceptance SystemExecutive Business Center with iMacsGarages and Storage Rooms AvailableGranite CountertopsGrilling StationsImpressive ClubhouseIndoor/Outdoor Fireplace in ClubhouseLake ViewsNature and Bike TrailsPet PlaygroundPilates and Yoga SpacePoolRoman TubsScreened-in PorchesSpacious One, Two, and Three Bedroom HomesStainless Steel Appliances

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

Property	Location	Distance	Avg asking	Similarity
Johns Island	Island, SC	2.22 mi	$2,332	61%
Atlantic At Grand Oaks Apartments	Charleston, SC	2.59 mi	$1,814	54%
Public Housing	Charleston, SC	2.76 mi	not observed	50%

Sources & provenance

Sourced from https://elementcarolinabay.com/floorplans/ — 8 observation(s), last observed Aug 5, 2026.

Data age: 12 days. Last observed: Aug 5, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

Open the interactive comp report →