Charleston Office Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from , Cushman & Wakefield, , Colliers
Quarterly office market indicators for Charleston, aggregated by CREhunt from , Cushman & Wakefield, , Colliers. As of Q1 2026, average asking rent was $31.54/SF with a 7.7% vacancy rate.
Projected current office pricing — Charleston
Projected asking rent
$31.54/SF/yr
Estimated sale value
$184–$239/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.9%, asking rent held flat). Assumes ~92% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $31.54/SF | 7.7% | — | — | |
| Q1 2026 | $31.54/SF | 7.7% | 0K SF | — | Cushman & Wakefield |
| Q4 2025 | — | 7.5% | 0K SF | — | Cushman & Wakefield |
| Q3 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q4 2019 | $22.00/SF | 6.4% | — | — | Cushman & Wakefield |
| Q3 2017 | $29.00/SF | 10.0% | 0K SF | — | Cushman & Wakefield |
| Q3 2017 | $25.96/SF | 3.0% | 223K SF | — | |
| Q3 2017 | — | 7.7% | 0K SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for office space in Charleston?
- As of Q1 2026, the average asking rent for office space in Charleston was $31.54/SF.
- What is the office vacancy rate in Charleston?
- The office vacancy rate in Charleston was 7.7% as of Q1 2026.
- Where does CREhunt's Charleston market data come from?
- This report aggregates quarterly office market data for Charleston from Cushman & Wakefield, Colliers.
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