Fountain Inn, 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 Fountain Inn, South Carolina rental market.

Fountain Inn, South Carolina

Average Apartment Rent

$1,775

Y-o-Y Change in Average
Apartment Rent

5.2%

As of November 2024

Compared to a year ago, Fountain Inn, South Carolina apartments have recorded a 5.2% rent increase.

Fountain Inn, South Carolina Average apartment rent trend

Median Rent Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Fountain Inn $1,492 $1,507 $1,575 $1,687 $1,753 $1,752 $1,775
National $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Fountain Inn
National
Nov 2022
$1,492
$1,726
Mar 2023
$1,507
$1,714
Jul 2023
$1,575
$1,739
Nov 2023
$1,687
$1,733
Mar 2024
$1,753
$1,727
Jul 2024
$1,752
$1,752
Nov 2024
$1,775
$1,748

Fountain Inn, South Carolina Average Apartment Rent

Fountain Inn, South Carolina Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 52.98%, apartments priced $1,500 - $2,000 represent the bulk of Fountain Inn, South Carolina rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 22.05%.

Fountain Inn, South Carolina Housing tenure**

Renter occupied housing units 1,132
Owner occupied housing units 2,747

Renters take up 29% of Fountain Inn, South Carolina real estate, occupying a total of 1,132 units, while homeowners live in 2,747 properties.

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

4.5

Renter median household income**

$29,531

Average household size of renter-occupied housing units**

2.71

Rental vacancy rate**

3.5%

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

No bedrooms 24
1 bed 108
2 beds 523
3 beds 473

There are 523 rentals in Fountain Inn, South Carolina with 2 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 24 units. Overall, the median number of rooms in Fountain Inn, South Carolina homes for rent is 4.5.

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

15 - 24 years 77
25 - 34 years 375
35 - 44 years 265
45 - 54 years 46
55 - 59 years 58
60 - 64 years 109
65 - 74 years 57
75 - 84 years 119
85 years and over 26

Most condos for rent in Fountain Inn, South Carolina are occupied by residents in the 25 - 34 years age group (33%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

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

Family households 808
Non-Family Households 324

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

With related children of the householder under 18 608
No related children of the householder under 18 524

A total of 808 apartments for rent in Fountain Inn, South Carolina, or 71% of all rentals are family households. Additionally, 54% of rental homes include children under the age of 18 – that’s 608 units. All in all, the median size of a renter-occupied household in Fountain Inn, South Carolina is 2.71.

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

Less than high school graduate 286
High school graduate (including equivalency) 497
Some college or associate's degree 244
Bachelor's degree or higher 105

In terms of education, renters holding bachelor degrees or higher make up 9% of the rental market. In contrast, residents with less than a high school degree reside in 25% of the homes for rent in Fountain Inn, South Carolina.

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

Built 2020 or later 35
Built 2010 - 2019 245
Built 2000 - 2009 72
Built 1990 - 1999 273
Built 1980 - 1989 42
Built 1970 - 1979 180
Built 1960 - 1969 99
Built 1950 - 1959 115
Built 1939 or earlier 71

The highest share of Fountain Inn, South Carolina apartment rentals, namely 24% or 273 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (22%, 245 units), and the ones Built 1970 - 1979 (16%, 180 units).

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

Moved in 2021 or later 59
Moved in 2018 to 2020 503
Moved in 2010 to 2017 454
Moved in 2000 to 2009 19
Moved in 1989 or earlier 97

Median year renter moved into unit 2018

Most Fountain Inn, South Carolina renters (44%) moved in 2018 to 2020, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Fountain Inn, South Carolina condos for rent is 2018.

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

No vehicle available 88
1 vehicle available 554
2 or more vehicles available 490

When it comes to transportation options, 49% of Fountain Inn, South Carolina renters have 1 vehicle available per household, 43% of them have 2 or more vehicles available, and 8% have No vehicle available.

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

Car, truck, or van - drove alone 701
Car, truck, or van - carpooled 124
Walked 40
Taxicab, motorcycle, bicycle, or other means 67
Worked at home 102

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

Same house as 1 year ago 2,568
Moved within same county 336
Moved from different county within same state 16
Moved from different state 72

Fountain Inn, 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 Fountain Inn, 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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