diff --git a/core/lib/Drupal/Core/Config/Config.php b/core/lib/Drupal/Core/Config/Config.php
index 10bf925..2195eb7 100644
--- a/core/lib/Drupal/Core/Config/Config.php
+++ b/core/lib/Drupal/Core/Config/Config.php
@@ -296,6 +296,19 @@ class Config {
     return $this;
   }
 
+  /*
+   * Renames the configuration object.
+   *
+   * @param $new_name
+   *   The new name of the configuration object being constructed.
+   */
+  public function rename($new_name) {
+    if ($this->storage->rename($this->name, $new_name)) {
+      $this->name = $new_name;
+    }
+    return $this;
+  }
+
   /**
    * Sorts all keys in configuration data.
    *
diff --git a/core/lib/Drupal/Core/Config/DatabaseStorage.php b/core/lib/Drupal/Core/Config/DatabaseStorage.php
index 92aea45..ad8c155 100644
--- a/core/lib/Drupal/Core/Config/DatabaseStorage.php
+++ b/core/lib/Drupal/Core/Config/DatabaseStorage.php
@@ -99,6 +99,20 @@ class DatabaseStorage implements StorageInterface {
       ->execute();
   }
 
+
+  /**
+   * Implements Drupal\Core\Config\StorageInterface::rename().
+   *
+   * @throws PDOException
+   */
+  public function rename($name, $new_name) {
+    $options = array('return' => Database::RETURN_AFFECTED) + $this->options;
+    return (bool) $this->getConnection()->update('config', $options)
+      ->fields(array('name' => $new_name))
+      ->condition('name', $name)
+      ->execute();
+  }
+
   /**
    * Implements Drupal\Core\Config\StorageInterface::encode().
    */
diff --git a/core/lib/Drupal/Core/Config/FileStorage.php b/core/lib/Drupal/Core/Config/FileStorage.php
index 033555d..0a41506 100644
--- a/core/lib/Drupal/Core/Config/FileStorage.php
+++ b/core/lib/Drupal/Core/Config/FileStorage.php
@@ -108,6 +108,17 @@ class FileStorage implements StorageInterface {
   }
 
   /**
+   * Implements Drupal\Core\Config\StorageInterface::delete().
+   */
+  public function rename($name, $new_name) {
+    $status = @rename($this->getFilePath($name), $this->getFilePath($new_name));
+    if ($status === FALSE) {
+      throw new StorageException('Failed to rename configuration file from: ' . $this->getFilePath($name) . ' to: ' . $this->getFilePath($new_name));
+    }
+    return TRUE;
+  }
+
+  /**
    * Implements Drupal\Core\Config\StorageInterface::encode().
    *
    * @throws Symfony\Component\Yaml\Exception\DumpException
diff --git a/core/lib/Drupal/Core/Config/NullStorage.php b/core/lib/Drupal/Core/Config/NullStorage.php
index fede4f0..ea21be1 100644
--- a/core/lib/Drupal/Core/Config/NullStorage.php
+++ b/core/lib/Drupal/Core/Config/NullStorage.php
@@ -50,6 +50,13 @@ class NullStorage implements StorageInterface {
   }
 
   /**
+   * Implements Drupal\Core\Config\StorageInterface::rename().
+   */
+  public function rename($name, $new_name) {
+    return FALSE;
+  }
+
+  /**
    * Implements Drupal\Core\Config\StorageInterface::encode().
    */
   public static function encode($data) {
diff --git a/core/lib/Drupal/Core/Config/StorageInterface.php b/core/lib/Drupal/Core/Config/StorageInterface.php
index 806ee87..a466538 100644
--- a/core/lib/Drupal/Core/Config/StorageInterface.php
+++ b/core/lib/Drupal/Core/Config/StorageInterface.php
@@ -61,6 +61,19 @@ interface StorageInterface {
   public function delete($name);
 
   /**
+   * Renames a configuration object in the storage.
+   *
+   * @param string $name
+   *   The name of a configuration object to rename.
+   * @param string $new_name
+   *   The new name of a configuration object.
+   *
+   * @return bool
+   *   TRUE on success, FALSE otherwise.
+   */
+  public function rename($name, $new_name);
+
+  /**
    * Encodes configuration data into the storage-specific format.
    *
    * @param array $data
diff --git a/core/modules/config/lib/Drupal/config/Tests/ConfigCRUDTest.php b/core/modules/config/lib/Drupal/config/Tests/ConfigCRUDTest.php
index 37aa854..a5d36a9 100644
--- a/core/modules/config/lib/Drupal/config/Tests/ConfigCRUDTest.php
+++ b/core/modules/config/lib/Drupal/config/Tests/ConfigCRUDTest.php
@@ -84,6 +84,13 @@ class ConfigCRUDTest extends WebTestBase {
     $new_config = config($name);
     $this->assertIdentical($new_config->get(), $config->get());
     $this->assertIdentical($config->isNew(), FALSE);
+
+    // Rename the configuration object.
+    $new_name = 'config_test.crud_rename';
+    $config->rename($new_name);
+    $renamed_config = config($new_name);
+    $this->assertIdentical($renamed_config->get(), $config->get());
+    $this->assertIdentical($renamed_config->isNew(), FALSE);
   }
 
   /**
diff --git a/core/modules/config/lib/Drupal/config/Tests/Storage/ConfigStorageTestBase.php b/core/modules/config/lib/Drupal/config/Tests/Storage/ConfigStorageTestBase.php
index 2dbc627..d07b0b7 100644
--- a/core/modules/config/lib/Drupal/config/Tests/Storage/ConfigStorageTestBase.php
+++ b/core/modules/config/lib/Drupal/config/Tests/Storage/ConfigStorageTestBase.php
@@ -68,6 +68,14 @@ abstract class ConfigStorageTestBase extends WebTestBase {
     $this->assertFalse(in_array('system.performance', $names));
     $this->assertTrue(in_array($name, $names));
 
+    // Rename the configuration storage object.
+    $new_name = 'config_test.storage_rename';
+    $this->storage->rename($name, $new_name);
+    $raw_data = $this->read($new_name);
+    $this->assertIdentical($raw_data, $data);
+    // Rename it back so further tests work.
+    $this->storage->rename($new_name, $name);
+
     // Deleting an existing name returns TRUE.
     $result = $this->storage->delete($name);
     $this->assertIdentical($result, TRUE);
@@ -109,6 +117,25 @@ abstract class ConfigStorageTestBase extends WebTestBase {
       $class = get_class($e);
       $this->pass($class . ' thrown upon listing from a non-existing storage bin.');
     }
+
+    // Test renaming an object that does not exist throws an exception.
+    try {
+      $this->storage->rename('config_test.storage_does_not_exist', 'config_test.storage_does_not_exist_rename');
+    }
+    catch (\Exception $e) {
+      $class = get_class($e);
+      $this->pass($class . ' thrown upon renaming a nonexistent storage bin.');
+    }
+
+    // Test renaming to an object that already exists throws an exception.
+    try {
+      $this->storage->rename('system.cron', 'system.performance');
+    }
+    catch (\Exception $e) {
+      $class = get_class($e);
+      $this->pass($class . ' thrown upon renaming a nonexistent storage bin.');
+    }
+
   }
 
   abstract protected function read($name);