Chesnee, South Carolina Rental Market Trends
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
$972
Y-o-Y Change in Average
Apartment Rent
14.1%
As of July 2024
Compared to a year ago, Chesnee, South Carolina apartments have recorded a 14.1% rent increase.
Chesnee, South Carolina |Average apartment rent trend
Chesnee, South Carolina| Average apartment rent
Chesnee, South Carolina | Apartment rent ranges
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**
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**
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**
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**
Chesnee, South Carolina | Renter-occupied housing units by the presence of own children**
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**
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**
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**
Median year renter moved into unit2017
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**
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**
Chesnee, South Carolina |Geographical mobility in the past year for householders living in renter-occupied housing units**
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