Elgin, 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 Elgin, South Carolina rental market.
Elgin, South Carolina
Average Apartment Rent
$1,376
Y-o-Y Change in Average
Apartment Rent
5.8%
As of March 2026
Compared to a year ago, Elgin, South Carolina apartments have recorded a 5.8% rent increase.
Elgin, South Carolina Average apartment rent trend
Elgin, South Carolina Average Apartment Rent
Elgin, South Carolina Apartment rent ranges
At 69.67%, apartments priced $1,000 - $1,500 represent the bulk of Elgin, South Carolina rentals, while condos priced Under $1,000 hold the lowest share of the market – 10.38%.
Elgin, South Carolina Housing tenure**
Renters take up 11% of Elgin, South Carolina real estate, occupying a total of 74 units, while homeowners live in 610 properties.
Median number of rooms of renter-occupied housing units**
5.3
Renter median household income**
$45,000
Average household size of renter-occupied housing units**
3.01
Elgin, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 59 rentals in Elgin, South Carolina with 3 beds making up the highest share of the market, at 80%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 2 units. Overall, the median number of rooms in Elgin, South Carolina homes for rent is 5.3.
Elgin, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Elgin, South Carolina are occupied by residents in the 35 - 44 years age group (50%), followed by those in the 55 - 59 years age group (20%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 3%.
Elgin, South Carolina Renter-occupied housing units by family type**
Elgin, South Carolina Renter-occupied housing units by the presence of own children**
A total of 53 apartments for rent in Elgin, South Carolina, or 72% of all rentals are family households. Additionally, 62% of rental homes include children under the age of 18 – that’s 46 units. All in all, the median size of a renter-occupied household in Elgin, South Carolina is 3.01.
Elgin, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 45% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Elgin, South Carolina.
Elgin, South Carolina Renter-occupied units by year structure built**
The highest share of Elgin, South Carolina apartment rentals, namely 41% or 30 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (22%, 16 units), and the ones Built 1990 - 1999 (20%, 15 units).
Elgin, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Elgin, South Carolina renters (50%) moved in 2018 to 2020, while only 5% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Elgin, South Carolina condos for rent is 2019.
Elgin, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 53% of Elgin, South Carolina renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 15% have 3 or more vehicles available.
Elgin, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Elgin, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Elgin, 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
