Arcadia Lakes, South Carolina Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Arcadia Lakes, South Carolina rental market.

Arcadia Lakes, South Carolina

Average Apartment Rent

$1,313

Y-o-Y Change in Average
Apartment Rent

0.5%

As of November 2024

Compared to a year ago, Arcadia Lakes, South Carolina apartments have recorded a 0.5% rent increase.

Arcadia Lakes, South Carolina Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Arcadia Lakes $1,133 $1,155 $1,197 $1,260 $1,265 $1,313 $1,307 $1,307 $1,321 $1,313
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Arcadia Lakes
National
Nov 2021
$1,133
$1,596
Mar 2022
$1,155
$1,635
Jul 2022
$1,197
$1,708
Nov 2022
$1,260
$1,726
Mar 2023
$1,265
$1,714
Jul 2023
$1,313
$1,739
Nov 2023
$1,307
$1,733
Mar 2024
$1,307
$1,727
Jul 2024
$1,321
$1,752
Nov 2024
$1,313
$1,748

Arcadia Lakes, South Carolina Average Apartment Rent

Arcadia Lakes, South Carolina Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 69.65%, apartments priced $1,000 - $1,500 represent the bulk of Arcadia Lakes, South Carolina rentals, while condos priced Over $2,000 hold the lowest share of the market – 2.12%.

Arcadia Lakes, South Carolina Housing tenure**

Renter occupied housing units 30
Owner occupied housing units 369

Renters take up 8% of Arcadia Lakes, South Carolina real estate, occupying a total of 30 units, while homeowners live in 369 properties.

Median number of rooms of renter-occupied housing units**

7.5

Average household size of renter-occupied housing units**

2.33

Arcadia Lakes, South Carolina Renter-occupied housing units by no. of bedrooms**

2 beds 12
3 beds 15
4 beds 3

There are 15 rentals in Arcadia Lakes, South Carolina with 3 beds making up the highest share of the market, at 50%. Units with 4 beds, on the other hand, hold the lowest percentage (10%), amounting to 3 units. Overall, the median number of rooms in Arcadia Lakes, South Carolina homes for rent is 7.5.

Arcadia Lakes, South Carolina Renter-occupied units by age of householder**

35 - 44 years 7
45 - 54 years 8
65 - 74 years 15

Most condos for rent in Arcadia Lakes, South Carolina are occupied by residents in the 65 - 74 years age group (50%), followed by those in the 45 - 54 years age group (27%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 23%.

Arcadia Lakes, South Carolina Renter-occupied housing units by family type**

Family households 18
Non-Family Households 12

Arcadia Lakes, South Carolina Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 10
No related children of the householder under 18 20

A total of 18 apartments for rent in Arcadia Lakes, South Carolina, or 60% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 10 units. All in all, the median size of a renter-occupied household in Arcadia Lakes, South Carolina is 2.33.

Arcadia Lakes, South Carolina Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 5
Some college or associate's degree 4
Bachelor's degree or higher 21

In terms of education, renters holding bachelor degrees or higher make up 70% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Arcadia Lakes, South Carolina.

Arcadia Lakes, South Carolina Renter-occupied units by year structure built**

Built 1980 - 1989 8
Built 1970 - 1979 4
Built 1960 - 1969 6
Built 1939 or earlier 12

The highest share of Arcadia Lakes, South Carolina apartment rentals, namely 40% or 12 units, were Built 1939 or earlier, followed by those Built 1980 - 1989 (27%, 8 units), and the ones Built 1960 - 1969 (20%, 6 units).

Arcadia Lakes, South Carolina Renter-occupied units by year householder moved in**

Moved in 2018 to 2020 12
Moved in 2010 to 2017 18

Median year renter moved into unit 2017

Most Arcadia Lakes, South Carolina renters (60%) moved in 2010 to 2017, while only 40% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Arcadia Lakes, South Carolina condos for rent is 2017.

Arcadia Lakes, South Carolina Renter-occupied housing units by vehicles available**

1 vehicle available 16
2 or more vehicles available 14

When it comes to transportation options, 53% of Arcadia Lakes, South Carolina renters have 1 vehicle available per household, while 47% of them have 2 or more vehicles available.

Arcadia Lakes, South Carolina Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 16
Car, truck, or van - carpooled 12
Worked at home 4

Arcadia Lakes, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 63
Moved within same county 7

Arcadia Lakes, South Carolina Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Arcadia Lakes, South Carolina apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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