Duncan, 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 Duncan, South Carolina rental market.
Duncan, South Carolina
Average Apartment Rent
$1,307
Y-o-Y Change in Average
Apartment Rent
-0.2%
As of July 2024
Compared to a year ago, Duncan, South Carolina apartments have recorded a -0.2% rent decrease.
Duncan, South Carolina |Average apartment rent trend
Duncan, South Carolina| Average apartment rent
Duncan, South Carolina | Apartment rent ranges
At 89.06%, apartments priced $1,000 - $1,500 represent the bulk of Duncan, South Carolina rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 10.94%.
Duncan, South Carolina | Housing tenure**
Renters take up 46% of Duncan, South Carolina real estate, occupying a total of 731 units, while homeowners live in 843 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$58,284
Average household size of renter-occupied housing units**
3.03
Rental vacancy rate**
9.2%
Duncan, South Carolina | Renter-occupied housing units by no. of bedrooms**
There are 297 rentals in Duncan, South Carolina with 3 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 45 units. Overall, the median number of rooms in Duncan, South Carolina homes for rent is 4.7.
Duncan, South Carolina |Renter-occupied units by age of householder**
Most condos for rent in Duncan, South Carolina are occupied by residents in the 25 - 34 years age group (39%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 5%.
Duncan, South Carolina | Renter-occupied housing units by family type**
Duncan, South Carolina | Renter-occupied housing units by the presence of own children**
A total of 529 apartments for rent in Duncan, South Carolina, or 72% of all rentals are family households. Additionally, 56% of rental homes include children under the age of 18 – that’s 413 units. All in all, the median size of a renter-occupied household in Duncan, South Carolina is 3.03.
Duncan, 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 27% of the homes for rent in Duncan, South Carolina.
Duncan, South Carolina | Renter-occupied units by year structure built**
The highest share of Duncan, South Carolina apartment rentals, namely 35% or 254 units, were Built 1970 - 1979, followed by those Built 2010 - 2019 (24%, 175 units), and the ones Built 1990 - 1999 (18%, 131 units).
Duncan, South Carolina | Renter-occupied units by year householder moved in**
Median year renter moved into unit2018
Most Duncan, South Carolina renters (49%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Duncan, South Carolina condos for rent is 2018.
Duncan, South Carolina | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Duncan, South Carolina renters have 2 vehicles available per household, 38% of them have 1 vehicle available, and 7% have 3 vehicles available.
Duncan, South Carolina | Means of transportation to work of householders living in renter-occupied housing units**
Duncan, South Carolina |Geographical mobility in the past year for householders living in renter-occupied housing units**
Duncan, 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 Duncan, 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
