Lake Wylie, 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 Lake Wylie, South Carolina rental market.

Lake Wylie, South Carolina

Average Apartment Rent

$1,621

Y-o-Y Change in Average
Apartment Rent

-3.3%

As of May 2026

Compared to a year ago, Lake Wylie, South Carolina apartments have recorded a -3.3% rent decrease.

Lake Wylie, 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
Lake Wylie $1,676 $1,630 $1,617 $1,616 $1,642 $1,667 $1,666 $1,616 $1,610
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Lake Wylie
National
Jul 2023
$1,676
$1,741
Nov 2023
$1,630
$1,732
Mar 2024
$1,617
$1,736
Jul 2024
$1,616
$1,756
Nov 2024
$1,642
$1,749
Mar 2025
$1,667
$1,755
Jul 2025
$1,666
$1,767
Nov 2025
$1,616
$1,753
Mar 2026
$1,610
$1,750

Lake Wylie, South Carolina Average Apartment Rent

Lake Wylie, 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 53.76%, apartments priced $1,000 - $1,500 represent the bulk of Lake Wylie, South Carolina rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 17.01%.

Lake Wylie, South Carolina Housing tenure**

Renter occupied housing units 1,185
Owner occupied housing units 4,095

Renters take up 22% of Lake Wylie, South Carolina real estate, occupying a total of 1,185 units, while homeowners live in 4,095 properties.

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

4.5

Renter median household income**

$55,401

Average household size of renter-occupied housing units**

2.23

Rental vacancy rate**

4.1%

Lake Wylie, South Carolina Renter-occupied housing units by no. of bedrooms**

No bedrooms 16
1 bed 105
2 beds 502
3 beds 534
4 beds 28

There are 534 rentals in Lake Wylie, South Carolina with 3 beds making up the highest share of the market, at 45%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 16 units. Overall, the median number of rooms in Lake Wylie, South Carolina homes for rent is 4.5.

Lake Wylie, South Carolina Renter-occupied units by age of householder**

15 - 24 years 198
25 - 34 years 368
35 - 44 years 69
45 - 54 years 348
55 - 59 years 33
60 - 64 years 9
65 - 74 years 112
75 - 84 years 39
85 years and over 9

Most condos for rent in Lake Wylie, South Carolina are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 45 - 54 years age group (29%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.

Lake Wylie, South Carolina Renter-occupied housing units by family type**

Family households 757
Non-Family Households 428

Lake Wylie, South Carolina Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 320
No related children of the householder under 18 865

A total of 757 apartments for rent in Lake Wylie, South Carolina, or 64% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 320 units. All in all, the median size of a renter-occupied household in Lake Wylie, South Carolina is 2.23.

Lake Wylie, South Carolina Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 219
Some college or associate's degree 654
Bachelor's degree or higher 312

In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Lake Wylie, South Carolina.

Lake Wylie, South Carolina Renter-occupied units by year structure built**

Built 2010 - 2019 584
Built 2000 - 2009 186
Built 1990 - 1999 128
Built 1980 - 1989 210
Built 1970 - 1979 63
Built 1960 - 1969 14

The highest share of Lake Wylie, South Carolina apartment rentals, namely 49% or 584 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (18%, 210 units), and the ones Built 2000 - 2009 (16%, 186 units).

Lake Wylie, South Carolina Renter-occupied units by year householder moved in**

Moved in 2021 or later 219
Moved in 2018 to 2020 671
Moved in 2010 to 2017 248
Moved in 2000 to 2009 38
Moved in 1990 to 1999 9

Median year renter moved into unit 2019

Most Lake Wylie, South Carolina renters (57%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Lake Wylie, South Carolina condos for rent is 2019.

Lake Wylie, South Carolina Renter-occupied housing units by vehicles available**

1 vehicle available 579
2 vehicles available 385
3 vehicles available 212
4 or more vehicles available 9

When it comes to transportation options, 49% of Lake Wylie, South Carolina renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 18% have 3 vehicles available.

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

Car, truck, or van - drove alone 1,245
Car, truck, or van - carpooled 76
Walked 38
Taxicab, motorcycle, bicycle, or other means 44
Worked at home 58

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

Same house as 1 year ago 1,657
Moved within same county 683
Moved from different county within same state 99
Moved from different state 158
Moved from abroad 25

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 Lake Wylie, 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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