South Carolina renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in South Carolina is about $1,124 per month. This puts it in the 44th percentile compared to the nation average cost of rent, which is $1,385. Households in South Carolina have a median income of $4,830 per month so the average renter in South Carolina is spending roughly 23% of their earnings on housing.
Nationally, and in South Carolina, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Carolina is $246,696 right now, which is lower than states nearby, meaning that rents in South Carolina also tend to be lower versus these nearby states.
Higher rent prices are common in the southeastern parts of South Carolina while lower rent rates are often available in northeastern areas.
Nearby States
- North Carolina: more expensive rent prices
- Georgia: more expensive rent prices
- Virginia: more expensive rent prices
- Tennessee: less expensive rent prices
- West Virginia: less expensive rent prices
- Alabama: less expensive rent prices
- Kentucky: less expensive rent prices
- Florida: more expensive rent prices
- District of Columbia: more expensive rent prices
- Maryland: more expensive rent prices
States with Similar Populations
- Alabama: less expensive rent prices
- Louisiana: less expensive rent prices
- Kentucky: less expensive rent prices
- Colorado: more expensive rent prices
- Minnesota: more expensive rent prices
- Oregon: more expensive rent prices
- Wisconsin: less expensive rent prices
- Oklahoma: less expensive rent prices
- Maryland: more expensive rent prices
- Missouri: less expensive rent prices
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