Lakewood, 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 Lakewood, South Carolina rental market.
Lakewood, South Carolina
Average Apartment Rent
$1,182
Y-o-Y Change in Average
Apartment Rent
-2%
As of May 2026
Compared to a year ago, Lakewood, South Carolina apartments have recorded a -2% rent decrease.
Lakewood, South Carolina Average apartment rent trend
Lakewood, South Carolina Average Apartment Rent
Lakewood, South Carolina Apartment rent ranges
At 62.79%, apartments priced $1,000 - $1,500 represent the bulk of Lakewood, South Carolina rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 13.1%.
Lakewood, South Carolina Housing tenure**
Renters take up 36% of Lakewood, South Carolina real estate, occupying a total of 539 units, while homeowners live in 961 properties.
Median number of rooms of renter-occupied housing units**
5.1
Renter median household income**
$47,319
Average household size of renter-occupied housing units**
2.04
Rental vacancy rate**
8.2%
Lakewood, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 434 rentals in Lakewood, South Carolina with 3 beds making up the highest share of the market, at 81%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 20 units. Overall, the median number of rooms in Lakewood, South Carolina homes for rent is 5.1.
Lakewood, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Lakewood, South Carolina are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 55 - 59 years age group (29%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Lakewood, South Carolina Renter-occupied housing units by family type**
Lakewood, South Carolina Renter-occupied housing units by the presence of own children**
A total of 339 apartments for rent in Lakewood, South Carolina, or 63% of all rentals are family households. Additionally, 7% of rental homes include children under the age of 18 – that’s 39 units. All in all, the median size of a renter-occupied household in Lakewood, South Carolina is 2.04.
Lakewood, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 0% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Lakewood, South Carolina.
Lakewood, South Carolina Renter-occupied units by year structure built**
The highest share of Lakewood, South Carolina apartment rentals, namely 24% or 131 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (23%, 126 units), and the ones Built 1940 - 1949 (17%, 90 units).
Lakewood, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2012
Most Lakewood, South Carolina renters (65%) moved in 2010 to 2017, while only 35% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Lakewood, South Carolina condos for rent is 2012.
Lakewood, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 71% of Lakewood, South Carolina renters have 1 vehicle available per household, while 29% of them have 2 or more vehicles available.
Lakewood, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Lakewood, 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 Lakewood, 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
