Rent in South Carolina
The median 2-bedroom Fair Market Rent in South Carolina is $1,261/mo, ranking #27 out of 51 states for highest rent. This is $11 above the national median of $1,250/mo. South Carolina has a population of 5.2M. About 28.6% of households rent their homes. Fair Market Rent data covers 18 areas across the state.
Highlights
All 18 Areas in South Carolina
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Beaufort County Pop. 192K | $1,582 | $1,657 | $1,816 | $2,177 | 25.7% | +9.9% |
| Charleston-North Charleston Pop. 818K | $1,557 | $1,630 | $1,787 | $2,222 | 26.1% | +11.8% |
| Charlotte-Concord-Gastonia Pop. 2.7M | $1,469 | $1,538 | $1,686 | $2,076 | 25.2% | +8.5% |
| Jasper County Pop. 31K | $1,343 | $1,407 | $1,542 | $1,849 | 29.1% | +30% |
| Myrtle Beach-North Myrtle Beach-Conway Pop. 369K | $1,145 | $1,229 | $1,465 | $1,805 | 27.2% | +7.6% |
| Greenville-Mauldin-Easley Pop. 945K | $1,166 | $1,221 | $1,339 | $1,612 | 23.3% | +11% |
| Columbia Pop. 840K | $1,032 | $1,164 | $1,276 | $1,623 | 23.1% | +2.4% |
| Sumter Pop. 105K | $880 | $972 | $1,276 | $1,530 | 27.3% | +9.5% |
| Augusta-Richmond County Pop. 618K | $939 | $1,114 | $1,261 | $1,627 | 22.7% | +14.6% |
| Spartanburg Pop. 365K | $1,034 | $1,083 | $1,187 | $1,439 | 22.8% | +4% |
| Anderson Pop. 945K | $1,022 | $1,035 | $1,173 | $1,519 | 20.4% | +12.4% |
| Laurens County Pop. 68K | $863 | $869 | $1,133 | $1,358 | 24.5% | +14% |
| Florence Pop. 200K | $948 | $953 | $1,117 | $1,434 | 24.9% | +10.4% |
| Darlington County Pop. 63K | $850 | $856 | $1,098 | $1,317 | 27.8% | +14.5% |
| Chester County Pop. 32K | $811 | $816 | $1,056 | $1,469 | 24.7% | +16% |
| Union County Pop. 27K | $786 | $791 | $1,038 | $1,270 | 30.2% | - |
| Lancaster County Pop. 101K | $881 | $922 | $1,011 | $1,382 | 16.2% | -1.5% |
| Kershaw County Pop. 67K | $844 | $849 | $1,009 | $1,214 | 18.8% | +2.4% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across South Carolina is $1,261 per month. Rents range from $1,009/mo in Kershaw County to $1,816/mo in Beaufort County. The actual median gross rent statewide is $1,126/mo according to Census data.
South Carolina ranks #27 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,261/mo is $11 above the national median of $1,250/mo.
The average rent burden across South Carolina is 24.4%, meaning a typical household would spend 24.4% of income on a 2-bedroom at Fair Market Rent. 1 of 18 areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $66,818.
The most affordable area in South Carolina is Kershaw County with a 2-bedroom Fair Market Rent of $1,009/mo. The median household income there is $64,343.
The most expensive area in South Carolina is Beaufort County with a 2-bedroom Fair Market Rent of $1,816/mo. The median household income there is $84,819.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.