$1,000
Total Monthly Price
- 2 Beds
- 1 Bath
- 750 Sq Ft
- Townhouse for Rent
1109 Melvin Dr Unit 1109 Unit A, Hanahan, SC 29410
2 bed 1 bath; laundry hook up (washer/dryer NOT included)
Frequently Asked Questions
How much does it cost to rent a townhouse in Hanahan, SC?
The median rent for a townhouse in Hanahan, SC is $1,648 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Hanahan, SC?
To comfortably afford the median rent in Hanahan, SC, a household needs to earn roughly $91,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,295 per month in Hanahan, SC, renters typically need to show $6,885 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hanahan, SC?
In Hanahan, SC, the price-to-rent ratio is 15.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Hanahan, SC are best for renting a townhouse?
The best neighborhood for renting in Hanahan, SC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Ashley Acres and West Ashley, each with its own character and price range.
