Forest Acres, 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 Forest Acres, South Carolina rental market.

Forest Acres, South Carolina

Average Apartment Rent

$1,417

Y-o-Y Change in Average
Apartment Rent

-0.9%

As of March 2026

Compared to a year ago, Forest Acres, South Carolina apartments have recorded a -0.9% rent decrease.

Forest Acres, South Carolina Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Forest Acres $1,338 $1,390 $1,401 $1,407 $1,378 $1,429 $1,402 $1,410 $1,417
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Forest Acres
National
Jul 2023
$1,338
$1,735
Nov 2023
$1,390
$1,724
Mar 2024
$1,401
$1,729
Jul 2024
$1,407
$1,750
Nov 2024
$1,378
$1,743
Mar 2025
$1,429
$1,749
Jul 2025
$1,402
$1,763
Nov 2025
$1,410
$1,749
Mar 2026
$1,417
$1,750

Forest Acres, South Carolina Average Apartment Rent

Forest Acres, South Carolina Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 47.77%, apartments priced $1,000 - $1,500 represent the bulk of Forest Acres, South Carolina rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 3.64%.

Forest Acres, South Carolina Housing tenure**

Renter occupied housing units 1,037
Owner occupied housing units 3,657

Renters take up 22% of Forest Acres, South Carolina real estate, occupying a total of 1,037 units, while homeowners live in 3,657 properties.

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

4.7

Renter median household income**

$42,462

Average household size of renter-occupied housing units**

2.22

Rental vacancy rate**

4.6%

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

No bedrooms 34
1 bed 89
2 beds 628
3 beds 207
4 beds 79

There are 628 rentals in Forest Acres, South Carolina with 2 beds making up the highest share of the market, at 61%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 34 units. Overall, the median number of rooms in Forest Acres, South Carolina homes for rent is 4.7.

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

15 - 24 years 102
25 - 34 years 266
35 - 44 years 216
45 - 54 years 81
55 - 59 years 29
60 - 64 years 56
65 - 74 years 124
75 - 84 years 94
85 years and over 69

Most condos for rent in Forest Acres, South Carolina are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.

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

Family households 522
Non-Family Households 515

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

With related children of the householder under 18 282
No related children of the householder under 18 755

A total of 522 apartments for rent in Forest Acres, South Carolina, or 50% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 282 units. All in all, the median size of a renter-occupied household in Forest Acres, South Carolina is 2.22.

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

Less than high school graduate 68
High school graduate (including equivalency) 255
Some college or associate's degree 213
Bachelor's degree or higher 501

In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Forest Acres, South Carolina.

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

Built 2020 or later 9
Built 2000 - 2009 43
Built 1990 - 1999 27
Built 1980 - 1989 133
Built 1970 - 1979 137
Built 1960 - 1969 369
Built 1950 - 1959 160
Built 1940 - 1949 75
Built 1939 or earlier 84

The highest share of Forest Acres, South Carolina apartment rentals, namely 36% or 369 units, were Built 1960 - 1969, followed by those Built 1950 - 1959 (15%, 160 units), and the ones Built 1970 - 1979 (13%, 137 units).

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

Moved in 2021 or later 79
Moved in 2018 to 2020 400
Moved in 2010 to 2017 340
Moved in 2000 to 2009 125
Moved in 1990 to 1999 51
Moved in 1989 or earlier 42

Median year renter moved into unit 2017

Most Forest Acres, South Carolina renters (39%) moved in 2018 to 2020, while only 4% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Forest Acres, South Carolina condos for rent is 2017.

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

No vehicle available 126
1 vehicle available 513
2 vehicles available 333
3 or more vehicles available 65

When it comes to transportation options, 49% of Forest Acres, South Carolina renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 12% have No vehicle available.

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

Car, truck, or van - drove alone 888
Car, truck, or van - carpooled 153
Public transportation (excluding taxicab) 18
Walked 16
Taxicab, motorcycle, bicycle, or other means 22
Worked at home 55

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

Same house as 1 year ago 1,546
Moved within same county 459
Moved from different county within same state 155
Moved from different state 137

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 Forest Acres, 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

Check out rentals available in Forest Acres, South Carolina