Cayce, 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 Cayce, South Carolina rental market.

Cayce, South Carolina

Average Apartment Rent

$1,723

Y-o-Y Change in Average
Apartment Rent

4.4%

As of November 2024

Compared to a year ago, Cayce, South Carolina apartments have recorded a 4.4% rent increase.

Cayce, South Carolina Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Cayce $1,468 $1,540 $1,641 $1,640 $1,667 $1,690 $1,650 $1,651 $1,712 $1,723
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Cayce
National
Nov 2021
$1,468
$1,596
Mar 2022
$1,540
$1,635
Jul 2022
$1,641
$1,708
Nov 2022
$1,640
$1,726
Mar 2023
$1,667
$1,714
Jul 2023
$1,690
$1,739
Nov 2023
$1,650
$1,733
Mar 2024
$1,651
$1,727
Jul 2024
$1,712
$1,752
Nov 2024
$1,723
$1,748

Cayce, South Carolina Average Apartment Rent

Cayce, South Carolina Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,001 - $1,500
$1,501 - $2,000
Over $2,000

At 59.11%, apartments priced $1,500 - $2,000 represent the bulk of Cayce, South Carolina rentals, while condos priced $700 - $1000 hold the lowest share of the market – 4.12%.

Cayce, South Carolina Housing tenure**

Renter occupied housing units 2,774
Owner occupied housing units 3,813

Renters take up 42% of Cayce, South Carolina real estate, occupying a total of 2,774 units, while homeowners live in 3,813 properties.

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

4.6

Renter median household income**

$42,957

Average household size of renter-occupied housing units**

2.26

Rental vacancy rate**

2.6%

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

No bedrooms 29
1 bed 430
2 beds 1,049
3 beds 837
4 beds 398
5 or more beds 31

There are 1,049 rentals in Cayce, South Carolina with 2 beds making up the highest share of the market, at 38%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 29 units. Overall, the median number of rooms in Cayce, South Carolina homes for rent is 4.6.

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

15 - 24 years 731
25 - 34 years 688
35 - 44 years 649
45 - 54 years 289
55 - 59 years 117
60 - 64 years 173
65 - 74 years 63
75 - 84 years 53

Most condos for rent in Cayce, South Carolina are occupied by residents in the 15 - 24 years age group (26%), followed by those in the 25 - 34 years age group (25%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 2%.

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

Family households 1,034
Non-Family Households 1,740

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

With related children of the householder under 18 799
No related children of the householder under 18 1,975

A total of 1,034 apartments for rent in Cayce, South Carolina, or 37% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 799 units. All in all, the median size of a renter-occupied household in Cayce, South Carolina is 2.26.

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

Less than high school graduate 139
High school graduate (including equivalency) 591
Some college or associate's degree 1,143
Bachelor's degree or higher 901

In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Cayce, South Carolina.

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

Built 2010 - 2019 697
Built 2000 - 2009 287
Built 1990 - 1999 214
Built 1980 - 1989 343
Built 1970 - 1979 318
Built 1960 - 1969 549
Built 1950 - 1959 242
Built 1940 - 1949 93
Built 1939 or earlier 31

The highest share of Cayce, South Carolina apartment rentals, namely 25% or 697 units, were Built 2010 - 2019, followed by those Built 1960 - 1969 (20%, 549 units), and the ones Built 1980 - 1989 (12%, 343 units).

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

Moved in 2021 or later 126
Moved in 2018 to 2020 1,269
Moved in 2010 to 2017 1,144
Moved in 2000 to 2009 179
Moved in 1989 or earlier 53

Median year renter moved into unit 2018

Most Cayce, South Carolina renters (46%) moved in 2018 to 2020, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Cayce, South Carolina condos for rent is 2018.

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

No vehicle available 216
1 vehicle available 1,369
2 vehicles available 749
3 vehicles available 273
4 vehicles available 136
5 or more vehicles available 31

When it comes to transportation options, 49% of Cayce, South Carolina renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 10% have 3 vehicles available.

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

Car, truck, or van - drove alone 2,883
Car, truck, or van - carpooled 313
Walked 93
Taxicab, motorcycle, bicycle, or other means 33
Worked at home 134

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

Same house as 1 year ago 4,051
Moved within same county 644
Moved from different county within same state 1,123
Moved from different state 385

Cayce, 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 Cayce, 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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