Greenville, 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 Greenville, South Carolina rental market.
Highlights
An apartment for rent in Greenville, South Carolina typically goes for $1,420 per month, while a single-family home for rent in Greenville, South Carolina has a monthly cost of around $2,289. Renter-occupied units make up 58% of the local housing market, while the rental vacancy rate in Greenville, South Carolina is at 6.7.
Greenville, South Carolina
Average Apartment Rent
$1,420
Y-o-Y Change in Average
Apartment Rent
-1.1%
Average Single-Family Rent
$2,289
As of July 2024
Compared to a year ago, Greenville, South Carolina apartments have recorded a -1.1% rent decrease.
Greenville, South Carolina Average apartment rent trend
Greenville, South Carolina Average Apartment Rent
Greenville, South Carolina Apartment rent ranges
At 57.16%, apartments priced $1,000 - $1,500 represent the bulk of Greenville, South Carolina rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.22%.
Greenville, South Carolina Housing tenure**
Renters take up 58% of Greenville, South Carolina real estate, occupying a total of 19,580 units, while homeowners live in 13,970 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$47,317
Average household size of renter-occupied housing units**
1.81
Rental vacancy rate**
6.7%
Greenville, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 8,389 rentals in Greenville, South Carolina with 2 beds making up the highest share of the market, at 43%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 406 units. Overall, the median number of rooms in Greenville, South Carolina homes for rent is 3.8.
Greenville, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Greenville, South Carolina are occupied by residents in the 25 - 34 years age group (36%), followed by those in the 15 - 24 years age group (13%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Greenville, South Carolina Renter-occupied housing units by family type**
Greenville, South Carolina Renter-occupied housing units by the presence of own children**
A total of 6,919 apartments for rent in Greenville, South Carolina, or 35% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 3,330 units. All in all, the median size of a renter-occupied household in Greenville, South Carolina is 1.81.
Greenville, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 43% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Greenville, South Carolina.
Greenville, South Carolina Renter-occupied units by year structure built**
The highest share of Greenville, South Carolina apartment rentals, namely 27% or 5,210 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (15%, 2,856 units), and the ones Built 1970 - 1979 (14%, 2,681 units).
Greenville, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Greenville, South Carolina renters (45%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Greenville, South Carolina condos for rent is 2018.
Greenville, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of Greenville, South Carolina renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 14% have No vehicle available.
Greenville, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Greenville, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
Greenville, 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 Greenville, 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
