Mortgage Rates in North Charleston, South Carolina — March 2026
Updated March 2026 | Based on North Charleston market data and regional lending conditions
North Charleston is a growing city in South Carolina with a population of 115,382. The current 30-year fixed mortgage rate in North Charleston is 6.71%, which is 0.06% above the national average. With a median home price of $275,000 and a 20% down payment of $55,000, homebuyers can expect a monthly principal and interest payment of approximately $1,421.
Current Mortgage Rates in North Charleston, SC
Below are the current average mortgage rates available in the North Charleston area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.71% | 6.65% | +0.06% |
| 15-Year Fixed | 5.95% | 5.89% | +0.06% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.31% | 6.25% | +0.06% |
| VA | 6.11% | 6.05% | +0.06% |
| Jumbo | 6.91% | 6.85% | +0.06% |
North Charleston Housing Market Overview
The North Charleston housing market offers relatively affordable housing compared to many major cities. The median household income in North Charleston is $45,250, and the cost of living index is 92.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $66,514 to comfortably afford the median-priced home in North Charleston, which exceeds the current median household income.
Monthly Payment Breakdown for North Charleston
Based on the median home price of $275,000 with 20% down ($55,000), here is what you can expect to pay monthly in North Charleston:
15-Year vs. 30-Year Mortgage in North Charleston
Choosing a 15-year mortgage in North Charleston at 5.95% instead of a 30-year at 6.71% would save you $178,380 in total interest over the life of the loan. However, your monthly payment would be $1,851 instead of $1,421 — an increase of $430 per month.
Calculate Your North Charleston Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in North Charleston
What are the current mortgage rates in North Charleston, SC?
As of March 2026, the average 30-year fixed mortgage rate in North Charleston, South Carolina is 6.71%, while the 15-year fixed rate is 5.95%. FHA loans average 6.31% and VA loans 6.11%. These rates are 0.06% above the national average of 6.65%.
How much is a monthly mortgage payment in North Charleston?
Based on the median home price of $275,000 with 20% down, the estimated monthly mortgage payment in North Charleston is $1,421 for principal and interest. Including property taxes of $131/month, the total monthly housing cost is approximately $1,552.
What income do I need to buy a home in North Charleston?
Using the 28% rule, you would need an annual income of approximately $66,514 to afford the median-priced home in North Charleston at $275,000. The median household income in North Charleston is $45,250. This means most households would need to either earn above the median or consider homes below $275,000.
Is North Charleston a good place to buy a home in 2026?
North Charleston offers a below-average cost of living with a cost of living index of 92.5 (national average = 100). The property tax rate in South Carolina is 0.57%, which is below the national average. North Charleston has a population of 115,382 and offers a very affordable lifestyle.
Mortgage Rates in Other South Carolina Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the North Charleston, South Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.