Chesnee, 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 Chesnee, South Carolina rental market.

Chesnee, South Carolina

Average Apartment Rent

$937

Y-o-Y Change in Average
Apartment Rent

-1.3%

As of November 2024

Compared to a year ago, Chesnee, South Carolina apartments have recorded a -1.3% rent decrease.

Chesnee, 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
Chesnee $673 $691 $799 $799 $849 $852 $949 $992 $972 $937
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Chesnee
National
Nov 2021
$673
$1,596
Mar 2022
$691
$1,635
Jul 2022
$799
$1,708
Nov 2022
$799
$1,726
Mar 2023
$849
$1,714
Jul 2023
$852
$1,739
Nov 2023
$949
$1,733
Mar 2024
$992
$1,727
Jul 2024
$972
$1,752
Nov 2024
$937
$1,748

Chesnee, South Carolina Average Apartment Rent

Chesnee, South Carolina Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,001 - $1,500
$1,501 - $2,000
Over $2,000

At 85.71%, apartments priced $700 - $1000 represent the bulk of Chesnee, South Carolina rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 14.29%.

Chesnee, South Carolina Housing tenure**

Renter occupied housing units 133
Owner occupied housing units 163

Renters take up 45% of Chesnee, South Carolina real estate, occupying a total of 133 units, while homeowners live in 163 properties.

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

4.7

Renter median household income**

$24,219

Average household size of renter-occupied housing units**

1.86

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

No bedrooms 6
1 bed 16
2 beds 67
3 beds 35
4 beds 9

There are 67 rentals in Chesnee, South Carolina with 2 beds making up the highest share of the market, at 50%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 6 units. Overall, the median number of rooms in Chesnee, South Carolina homes for rent is 4.7.

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

15 - 24 years 22
25 - 34 years 35
35 - 44 years 12
45 - 54 years 20
60 - 64 years 7
65 - 74 years 17
75 - 84 years 14
85 years and over 6

Most condos for rent in Chesnee, South Carolina are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 15 - 24 years age group (17%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 5%.

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

Family households 48
Non-Family Households 85

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

With related children of the householder under 18 19
No related children of the householder under 18 114

A total of 48 apartments for rent in Chesnee, South Carolina, or 36% of all rentals are family households. Additionally, 14% of rental homes include children under the age of 18 – that’s 19 units. All in all, the median size of a renter-occupied household in Chesnee, South Carolina is 1.86.

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

Less than high school graduate 28
High school graduate (including equivalency) 71
Some college or associate's degree 24
Bachelor's degree or higher 10

In terms of education, renters holding bachelor degrees or higher make up 8% of the rental market. In contrast, residents with less than a high school degree reside in 21% of the homes for rent in Chesnee, South Carolina.

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

Built 2020 or later 3
Built 2000 - 2009 3
Built 1990 - 1999 10
Built 1980 - 1989 55
Built 1970 - 1979 4
Built 1960 - 1969 21
Built 1950 - 1959 9
Built 1940 - 1949 14
Built 1939 or earlier 14

The highest share of Chesnee, South Carolina apartment rentals, namely 41% or 55 units, were Built 1980 - 1989, followed by those Built 1960 - 1969 (16%, 21 units), and the ones Built 1939 or earlier (11%, 14 units).

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

Moved in 2021 or later 12
Moved in 2018 to 2020 48
Moved in 2010 to 2017 41
Moved in 2000 to 2009 11
Moved in 1990 to 1999 15
Moved in 1989 or earlier 6

Median year renter moved into unit 2017

Most Chesnee, South Carolina renters (36%) moved in 2018 to 2020, while only 5% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Chesnee, South Carolina condos for rent is 2017.

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

No vehicle available 31
1 vehicle available 69
2 vehicles available 23
3 or more vehicles available 10

When it comes to transportation options, 52% of Chesnee, South Carolina renters have 1 vehicle available per household, 23% of them have No vehicle available, and 17% have 2 vehicles available.

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

Car, truck, or van - drove alone 84
Car, truck, or van - carpooled 28
Walked 7
Worked at home 3

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

Same house as 1 year ago 140
Moved within same county 73
Moved from different county within same state 20
Moved from different state 14

Chesnee, 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 Chesnee, 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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