Laurel Bay, 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 Laurel Bay, South Carolina rental market.
Laurel Bay, South Carolina
Average Apartment Rent
$1,724
Y-o-Y Change in Average
Apartment Rent
0.7%
As of March 2026
Compared to a year ago, Laurel Bay, South Carolina apartments have recorded a 0.7% rent increase.
Laurel Bay, South Carolina Average apartment rent trend
Laurel Bay, South Carolina Average Apartment Rent
Laurel Bay, South Carolina Apartment rent ranges
At 77.38%, apartments priced $1,500 - $2,000 represent the bulk of Laurel Bay, South Carolina rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 11.09%.
Laurel Bay, South Carolina Housing tenure**
Renters take up 74% of Laurel Bay, South Carolina real estate, occupying a total of 1,323 units, while homeowners live in 455 properties.
Median number of rooms of renter-occupied housing units**
5.1
Renter median household income**
$49,677
Average household size of renter-occupied housing units**
3.09
Rental vacancy rate**
11.7%
Laurel Bay, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 1,075 rentals in Laurel Bay, South Carolina with 3 beds making up the highest share of the market, at 81%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 8 units. Overall, the median number of rooms in Laurel Bay, South Carolina homes for rent is 5.1.
Laurel Bay, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Laurel Bay, South Carolina are occupied by residents in the 15 - 24 years age group (33%), followed by those in the 35 - 44 years age group (29%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 1%.
Laurel Bay, South Carolina Renter-occupied housing units by family type**
Laurel Bay, South Carolina Renter-occupied housing units by the presence of own children**
A total of 1,108 apartments for rent in Laurel Bay, South Carolina, or 84% of all rentals are family households. Additionally, 61% of rental homes include children under the age of 18 – that’s 813 units. All in all, the median size of a renter-occupied household in Laurel Bay, South Carolina is 3.09.
Laurel Bay, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 11% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Laurel Bay, South Carolina.
Laurel Bay, South Carolina Renter-occupied units by year structure built**
The highest share of Laurel Bay, South Carolina apartment rentals, namely 47% or 625 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (14%, 186 units), and the ones Built 1950 - 1959 (12%, 160 units).
Laurel Bay, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Laurel Bay, South Carolina renters (50%) moved in 2010 to 2017, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Laurel Bay, South Carolina condos for rent is 2018.
Laurel Bay, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 53% of Laurel Bay, South Carolina renters have 2 vehicles available per household, 35% of them have 1 vehicle available, and 12% have 3 or more vehicles available.
Laurel Bay, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Laurel Bay, 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 Laurel Bay, 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
